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...

Spyker sues GM for over $3 billion on Saab bankruptcy

By Sara Webb and Anthony Deutsch, Reuters

AMSTERDAM (Reuters) - Dutch sportscar maker Spyker NV is suing General Motors Co for more than $3 billion on behalf of its subsidiary Saab, accusing the U.S. automaker of deliberately bankrupting the...
Bernanke: despite recovery, many struggling

By Reuters

WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Monday that although broad measurements of the economy point to recovery, many people and businesses are facing tough times. "Even...
Jobs Flash Mixed Signals for Obama Reelection

By Josh Boak and Merrill Goozner, The Fiscal Times

The 163,000 jobs added in July reinforces President Obama’s long-standing message that the United States is undergoing a slow yet steady recovery from the worst financial catastrophe since the Great...
Hiring picks up but not enough to sideline Fed

By Lucia Mutikani, Reuters

WASHINGTON (Reuters) - Employers hired the most workers in five months in July, but an increase in the jobless rate to 8.3 percent kept prospects of further monetary stimulus from the Federal Reserve...
No escape from slump for Europe's top economies in July

By Andy Bruce, Reuters

LONDON (Reuters) - Europe's biggest economies endured another torrid month in July as businesses battled slumping demand, according to surveys on Friday that gave scant hope the region will emerge...

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