Employment
  • Fed renews zero rate pledge, but hints at steeper rate hike path

    Fed renews zero rate pledge, but hints at steeper rate hike path

    By Michael Flaherty and Howard Schneider, Reuters

    WASHINGTON (Reuters) - The Federal Reserve on Wednesday renewed its pledge to keep interest rates near zero for a "considerable time," but also indicated it could raise borrowing costs faster than...

  • 'Forced labor' rife in Malaysian electronics factories: report

    By Trinna Leong, Reuters

    KUALA LUMPUR (Reuters) - Nearly a third of some 350,000 workers in Malaysia's electronics industry - a crucial link in the international consumer supply chain - suffer from conditions of modern-day...

  • Poverty Rates Finally Edge Down from Peak

    Poverty rates are beginning to decline from a post-Great Recession high, but the process will be slow, and if history is a guide, only partially successful at helping tens of millions of Americans in...

  • The Unsolved Jobs Mystery Facing the Fed

    When the Federal Open Market Committee meets this week to try to assess the health of the economy, a key question will be the degree of “slack” in the labor market. Unfortunately, economists who...

  • Here Come the Food Stamp Work Requirements Again

    By Jake Grovum, Stateline

    In the coming months, food stamp work requirements suspended during the Great Recession will be reinstated in at least 17 states, jeopardizing benefits for hundreds of thousands of Americans. In...