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...

Income surge puts consumers in better shape

By Jason Lange, Reuters

WASHINGTON (Reuters) - American income growth surged in December as companies rushed to make dividend payments before higher tax rates set in, while buoyant wage growth also gave a lift to households...
Deutsche Bank swallows $4 billion of charges for cleanup

By Edward Taylor and Arno Schuetze, Reuters

FRANKFURT (Reuters) - Deutsche Bank plunged to its worst quarterly loss in four years on Thursday after it took nearly $4 billion in charges to try and draw a line under a slew of scandals and boost...
No sense of crisis in Congress as automatic cuts loom again

By David Lawder, Reuters

WASHINGTON (Reuters) - Big automatic cuts in federal spending are fast approaching again, alarming the defense sector but generating little activity in Congress to avoid them. The cuts, known as a "...
Private sector adds more jobs than expected in January

By Reuters

NEW YORK (Reuters) - Private-sector employers added 192,000 jobs in January, more than economists were expecting, in a sign of growth in the labor market, a report by a payrolls processor showed on...
GDP unexpectedly shrinks, decline seen temporary

By Lucia Mutikani, Reuters

WASHINGTON (Reuters) - The economy unexpectedly contracted in the fourth quarter, but analysts said there was no reason for panic given that consumer spending and business investment picked up. Gross...

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