After months of wobbling, a fresh jobs report showed that hiring and wage growth are strong, aligning with other robust economic data.
Category: Labor and Jobs
Harold Daggett, Port Strike Leader, Seeks Big Raises for Dockworkers
Harold J. Daggett is seeking big raises for longshoremen on the East and Gulf Coasts who have fallen behind workers on the West Coast.
Port Strike Begins on East and Gulf Coasts
Members of the International Longshoremen’s Association walked out for the first time since 1977 in a standoff over wages, benefits and job security.
Dockworkers Strike at U.S. Ports Could Begin Tuesday
Employers at East and Gulf Coast ports reported exchanging proposals with the International Longshoremen’s Association after a monthslong standoff.
Beneath the Potential Strike at U.S. Ports: Tensions Over Innovation
Port operators have long embraced automation, while dockworkers view it as a threat to their livelihoods.
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.
In Nevada, Economy Tops Issues as Unemployment Remains High
The state is among a handful that will decide the presidential contest, and workers have felt increased prices at the grocery store and gas station.
Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong
Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later.
Why This Jobs Report Could Be the Most Pivotal One in Years
It’s tough to overstate how much hinges on Friday’s employment update, from the path for interest rates to the economic outlook.
Why It’s So Hard for China to Fix Its Ailing Economy
A real estate collapse has made consumers cautious and businesses wary, as China confronts a crisis unlike any other since it opened its economy to the world.