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...

Is Inequality Really the Problem We Think It Is?

By Rob Garver

In the years following the Great Recession, with the Occupy movement highlighting the gulf between the top 1 percent and the 99 percent, and President Obama declaring inequality the “defining...
Fed ends bond buying, shows confidence in U.S. recovery

By Howard Schneider and Michael Flaherty, Reuters

WASHINGTON (Reuters) - The Federal Reserve on Wednesday ended its monthly bond purchase program and dropped a characterization of U.S. labor market slack as "significant" in a show of confidence in...
Hopes dim for 18 workers trapped in Turkish mine

By Reuters

ISTANBUL (Reuters) - Hopes were fading on Tuesday that 18 miners who were trapped in a flooded coal mine in southern Turkey would be rescued. Rescue teams, including divers, continued their work at...
Consumer confidence jumps in October

By Reuters

NEW YORK (Reuters) - U.S. consumer confidence rose in October to its highest level since October 2007 as views on the job market improved, according to a private sector report released on Tuesday...
Are Economists Ready for Income Redistribution?

By Mark Thoma

When the Great Recession hit and it became clear that monetary policy alone would not be enough to prevent a severe, prolonged downturn, fiscal policy measures – a combination of tax cuts and new...

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