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...

JPMorgan to cut 3,000 more retail banking jobs

By Reuters

The bank said it would reduce 4,000 jobs in its card, merchant services and auto unit, up from the 2,000 previously announced. The bank is also cutting 7,000 jobs in its mortgage banking unit, up...
Unemployment at 5.8%? Here’s the Number That Really Matters

By Mike Cassidy, The Fiscal Times

Here’s a riddle for you: Today, there are 1.2 million more 25-to-54-year-old American workers who are unemployed than there were in 2007 (adjusting for population growth). But 3.7 million fewer of...
In defeat for unions, Indiana's top court upholds right-to-work law

By Jonathan Stempel, Reuters

(Reuters) - The Indiana Supreme Court has unanimously upheld the state's right-to-work law, which bars employers from requiring workers to join unions or pay union dues as a condition of employment,...
Boehner touts bills to repeal Obamacare, build Keystone

By David Lawder and Richard Cowan, Reuters

WASHINGTON (Reuters) - Republicans will use their new dominance of Congress to repeal or cut back President Barack Obama's health care reforms, approve the Keystone XL oil pipeline and trim the...
Exclusive: Some senior Merrill brokers leave, BofA executives concerned - sources

By Peter Rudegeair, Reuters

NEW YORK (Reuters) - A number of high-profile brokers have left Bank of America Corp's Merrill Lynch wealth management unit in recent weeks, and top executives at the company have grown concerned...

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