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...

China October HSBC services PMI falls to 52.9, three-month low

By Reuters

The services purchasing managers' index (PMI) compiled by HSBC/Markit pulled back to 52.9 in October - the lowest since July - from 53.5 in September. A reading above 50 in PMI surveys indicates an...
Japan September real wages fall at slower pace, spending still in doubt

By Reuters

Real wages, which are adjusted to reflect changes in consumer prices, fell 2.9 percent in September from a year earlier, following a revised 3.1 percent annual decline in August, data from the labor...
Lured by New Zealand's economic boom, immigrants hold wage inflation down

By Naomi Tajitsu, Reuters

WELLINGTON (Reuters) - New Zealand's robust economy is soaking up jobs at its fastest rate in more than five years even as immigration soars, keeping a lid on wages and relieving pressure on the...
Obama says he sees 'worst possible' Senate map since Eisenhower

By Reuters

Obama, who called a local radio show in Hartford, Connecticut to encourage people to vote, noted that only a third of the Senate seats are up for election, and that this cycle, those races are in...
Bullard backs down on QE, endorses Fed decision: Fox

By Reuters

St. Louis Fed's President James Bullard said global markets seemed to be expecting a global recession earlier in October. "As it turned out, that all kind of evaporated," he said on Fox Business...

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