In a shrinking business, actors on some shows are being guaranteed less money, an issue that’s helping to fuel the Hollywood strike.
Category: Labor and Jobs
The Robots We Were Afraid of Are Already Here
The long-anticipated automation revolution has begun. Robots are ready to operate forklifts and do laundry. It’s not as scary as it sounds.
Fed Raises Interest Rates After a Pause and Leaves Door Open to More
Federal Reserve officials lifted borrowing costs by a quarter-point after pausing in June. Rates could rise more, but the central bank is not ready to commit.
UPS Reaches Contract Deal With Teamsters to Head Off Strike
United Parcel Service faced a potential walkout by more than 325,000 union members when their five-year contract expired next week.
Flood of Workers Has Made the Fed’s Job Less Painful. Can It Persist?
Federal Reserve officials thought job gains would taper off more, but they’ve remained strong. An improving supply of workers has been crucial.
U.S. Recession Appears Less Likely, Economists Say
Rising interest rates were widely expected to put the U.S. economy in reverse. Now things are looking rosier, but don’t pop the Champagne corks yet.
Jerome Powell’s Prized Labor Market Is Back. Can He Keep It?
The Federal Reserve chair spent the early pandemic bemoaning the loss of a strong job market. It roared back — and now its fate is in his hands.
Amazon Union Group, Challenging Christian Smalls, Seeks Vote
A split over the stewardship of the union’s high-profile president, Christian Smalls, has led a rival faction to file a lawsuit seeking an election.
How a Distant War Is Threatening Livelihoods in the Arctic Circle
The fighting in Ukraine has disrupted a region in northern Norway that had thrived on cross-border trade and cooperation with Russia.
Gen X Is in Charge. Don’t Make a Big Deal About It.
The original “latchkey kids” are grown up, in the boss’s seat and ready to make the rules. If that’s OK?