Tag Archives: employment

Labor Dept Reports 275,000 New Jobs In February

CNBC reports: Job creation topped expectations in February and pointed to a still-vibrant U.S. labor market, even though the unemployment rate moved higher Nonfarm payrolls increased by 275,000 for the month while the jobless rate moved higher to 3.9%. Economists surveyed by Dow Jones had been looking for payroll growth of 198,000, a step slower from the downwardly revised gain …

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FL Senate Passes Bill Banning Worker Heat Protections

NBC News reports: Florida’s Senate on Tuesday approved a bill that would ban cities and counties from adopting requirements for mandatory water breaks and other workplace protections against extreme heat. The Republican-controlled Senate voted 28-11, along party lines, to pass Senate Bill 1492, which would prohibit local governments from determining workplace heat standards that go beyond those required by federal …

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Employers Beg For Help: We Need 9 Million Workers

Bloomberg News reports: “I can’t have a conversation with any business owner that doesn’t revolve around the fact that they simply cannot find the skilled workforce they need,” says Jay Timmons, chief executive officer of the National Association of Manufacturers. Some 9 million positions are open across the economy, equal to 1.4 vacancies for every unemployed worker. The worst-affected industries …

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Kentucky GOP Bills Would Strip Worker Protections

Louisville Public Media reports: legislation to erode worker’s protections in Kentucky have begun moving through the legislative process this year, including a bill to allow teenagers to work longer and later hours. Another measure in that surge of legislation would strip Kentucky’s meal and rest break protections as well as seventh-day overtime. Both bills would weaken Kentucky labor laws. They …

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“Stunning” Report: 353,000 New US Jobs In January

USA Today reports: Hiring picked up sharply in January as employers added a booming 353,000 jobs, highlighting a labor market that continues to defy high interest rates and household financial strains. The unemployment rate held steady at 3.7%, the Labor Department said Friday. Economists surveyed by Bloomberg had estimated that 185,000 jobs were added last month. The January totals were …

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216,000 New Jobs In December, Jobless Rate At 3.7%

CNBC reports: The U.S. labor market closed out 2023 in strong shape as the pace of hiring was even more powerful than expected, the Labor Department reported Friday. December’s jobs report showed employers added 216,000 jobs for the month while the unemployment rate held at 3.7%. Payroll growth showed a sizeable gain from November’s downwardly revised 173,000. Economists surveyed by …

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Musk Suit Claims US Labor Board Is Unconstitutional

Bloomberg News reports: SpaceX sued the US labor board in federal court on Thursday, arguing that a complaint against the Elon Musk-led company for firing employees should be put on hold because the agency’s structure is unconstitutional. The response comes after National Labor Relations Board prosecutors filed a formal complaint against SpaceX, accusing the space transportation company of illegally firing …

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Feds: SpaceX Illegally Fired Workers For Dissing Musk

Reuters reports: Rocket and satellite maker SpaceX on Wednesday was accused by a U.S. labor agency of unlawfully firing eight employees for circulating a letter calling founder and CEO Elon Musk a “distraction and embarrassment.” A regional official with the National Labor Relations Board (NLRB) issued a complaint claiming SpaceX violated the workers’ rights under federal labor law to band …

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Target Shoppers Fume Over New Self-Checkout Limit

The Messenger reports: Target’s new self-checkout policy has been met with criticism online, as customers complain that the 10-items-or-less limit is creating problems due to the store’s lack of staff. When this new policy was introduced in late November, John Mulligan, chief operations officer at Target, said it was meant to create shorter wait times for customers. However, for some, …

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November Saw 199K New Jobs, Unemployment Down

Yahoo Finance reports: The unemployment rate unexpectedly fell in November, reflecting signs that the labor market may not be cooling as quickly as many had initially thought. Data from the Bureau of Labor Statistics showed Friday the unemployment rate was 3.7% down from 3.9% in October, while US economy added 199,000 jobs. The largest jobs increases in Friday’s report were …

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Walgreens And CVS Pharmacy Staff Begin Walkout

Reuters reports: Some employees at CVS Health Corp and Walgreens Boots Alliance’s U.S. pharmacies launched a three-day walkout starting Monday to get the companies to improve working conditions and recruit more people, among other issues. The walkout, which the organizers have dubbed “Pharmageddon”, is the third strike by pharmacists in a little over one month. Shane Jerominski, one of the …

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ABC News: US Economy Grew At “Blistering Pace” In Q3

ABC News reports: The U.S. economy grew at a blistering pace over three months ending in September, more than doubling growth in the previous quarter and rebuking worries about a possible recession. The robust performance, however, complicates the fight to dial back inflation. Fresh GDP data released on Thursday, which exceeded economist expectations, reinforces other recent indicators of a strong …

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September Jobs Report Shatters Expectations

CNBC reports: Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest rates, labor strife and dysfunction in Washington. Nonfarm payrolls increased by 336,000 for the month, better than the Dow Jones consensus estimate for 170,000, the Labor Department said Friday in a much-anticipated report. The unemployment rate was 3.8%, …

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Biden Roasts Trump On Jobs In Labor Day Remarks

The Hill reports: President Biden on Monday bashed former President Trump to mark Labor Day, criticizing jobs and benefits under the previous administration. “The guy who held this job before me was just one of two presidents in history … left office with fewer jobs in America than when he got elected office,” Biden said at the annual Tri-State Labor …

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August Report: 187K New Jobs, Unemployment 3.8%

CNBC reports: The U.S. added more jobs than expected in August, a sign of resilience for a labor market under pressure from Federal Reserve interest rate hikes. Nonfarm payrolls grew by a seasonally adjusted 187,000 for the month, above the Dow Jones estimate for 170,000, the U.S. Bureau of Labor Statistics reported Friday. However, the unemployment rate was 3.8%, up …

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Labor Department Reports 187K Jobs Added In July

Yahoo Finance reports: The US economy created 187,000 new jobs in July while the unemployment rate fell to 3.5%, the Bureau of Labor Statistics said Friday. Economists had expected job gains to total 200,000 with the unemployment remaining unchanged at 3.6%. Wages, a closely watched indicator of how much leverage workers are exerting in the labor market, rose more than …

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Teamsters And UPS Announce Deal To Avert Strike

CNBC reports: UPS and the union representing more than 300,000 workers at the package carrier reached a preliminary labor deal, narrowly avoiding a strike that was set to start in the coming days if the two sides failed to strike a deal. “Together we reached a win-win-win agreement on the issues that are important to Teamsters leadership, our employees and …

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Teamsters To WH: Stay Out Of Possible UPS Strike

The Associated Press reports: The head of the Teamsters said Sunday that he has asked the White House not to intervene if unionized UPS workers end up going on strike. Negotiations between the delivery company and the union representing 340,000 of its workers have been at a standstill for more than a week with a July 31 deadline for a …

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Republican AGs Warn Big Business On Diversity Hiring

Politico reports: More than a dozen Republican attorneys general sent a letter to major corporations Thursday warning them to refrain from using racial preferences in hiring and promotion decisions. Pointing to the Supreme Court’s decision undercutting the use of affirmative action in college admissions, the group said that companies would expose themselves to “serious legal consequences” for discriminating against different …

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Feds: 209K New Jobs In June, 30th Month Of Gains

CNBC reports: Employment growth eased in June, taking some steam out of what had been a stunningly strong labor market. But the gain was the 30th consecutive month of jobs gains. Nonfarm payrolls increased 209,000 in June and the unemployment rate was 3.6%, the Labor Department reported Friday. That compared to the Dow Jones consensus estimates for growth of 240,000 …

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