Employment

Trump's Coal Job Push Stumbles in Most States

By Valerie Volcovici, Reuters

WASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew...
Senate Republicans Gain Crucial Support for Budget Vital to Tax Reform

By David Morgan, Reuters

WASHINGTON (Reuters) - U.S. Senate Republicans on Monday gained crucial support for a vote on a budget resolution that is vital to President Donald Trump's hopes of signing sweeping tax reform...
More Good News on Jobs Gives the Fed a Green Light to Start Unwinding

By Lucia Mutikani, Reuters

The number of Americans filing for unemployment benefits fell to near a six-month low last week, pointing to a further tightening in the labor market that could encourage the Federal Reserve to lay...
A New Report Shows Why The 10-Year Jobs Crisis Is Effectively Over

By Jacqueline Leo

A new report by the Hamilton Project at the Brookings Institution has good news: "With [yesterday's] employment report, we can report that the national jobs gap relative to November 2007 has closed (...
Is Wage Growth Finally Coming for American Workers?

By Jeff Cox, CNBC

Wage growth has been the missing link throughout a period that has produced more than 18.5 million new jobs, including 209,000 in July. But Amy Glaser, who helps run Adecco Staffing, believes the...

Here’s Why We’re Not Prepared for the Next Recession

By Mark Thoma

When will the next recession hit the economy? Nobody knows for sure, but we can be certain that sooner or later the economy will experience another downturn. When that happens, will monetary and...
Low-Paid Workers Are Getting a Pay Bump in 44 States

By Tim Henderson, Stateline

In 44 states, jobs paying roughly $30,000 were among those that got the largest salary bumps since 2010 — evidence that the steady but modest economic growth of the past half-decade may be reaching...
The Serious Problem Lurking in the Jobs Report

By Jeff Cox, CNBC

Wall Street exhaled heavily Friday on news that job creation in both the public and private sectors accelerated and defied some of the recent speculation that the economy had reached full employment...
Why We Hate Our Jobs -- and How We Can Learn to Love Work Again

By Jim Clifton

While the world’s workplace is going through extraordinary change, the practice of management has been frozen in time for more than 30 years.
The Fed Raises Interest Rates Again, but Where’s the Inflation?

By Lindsay Dunsmuir and Howard Schneider, Reuters

The Federal Reserve raised interest rates on Wednesday for the second time in three months, citing continued U.S. economic growth and job market strength, and announced it would begin cutting its...

Ukraine protesters urge general strike as markets hit currency

By Natalia Zinets and Richard Balmforth, Reuters

KIEV (Reuters) - Ukrainian protesters blockaded the main government building on Monday, seeking to force President Viktor Yanukovich from office with a general strike after hundreds of thousands...
Traders Game Fed Reaction to Nov. Jobs Number

By Patti Domm, CNBC

The stock market's year-end rally could be put to the test even before the release of Friday's nonfarm payrolls, as traders game the Fed's possible reaction to the number. In the coming week, the...
Spain's anti-protest bill criticized as anti-democratic

By Elisabeth O'Leary and Andrés González, Reuters

MADRID (Reuters) - Spain's conservative government agreed on Friday to toughen penalties for unauthorized street protests up to a possible 600,000 euro ($816,000) fine, a crackdown that belies the...
EU exit would be dreadful for Britain, says former PM Major

By Reuters

LONDON (Reuters) - A British exit from the European Union would be a dreadful decision that would cost billions of pounds and leave the world's sixth largest economy isolated, former Prime Minister...
Exclusive: UBS shrinks advisory team for rich in emerging markets

By Katharina Bart and Dinesh Nair, Reuters

ZURICH/DUBAI (Reuters) - Swiss lender UBS is scaling back corporate advisory and investment banking services for ultra-rich clients in some emerging market countries to reduce overlap with other...

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