Labor

<strong>455,000 jobs were added in March, exceeding estimates: ADP</strong>

ADP reports that private payrolls increased by 455,000 in March, exceeding estimates. According to ADP, a payroll processing firm, employers…

4 years ago

Court rules California gig worker initiative is unconstitutional

A 2020 ballot measure that exempted ride-share and food delivery drivers from a state labor law is unconstitutional, a California…

4 years ago

Analysis: Workers at Chile’s Escondida mine hit jackpot, raise bar in labor talks elsewhere

An historic benefits package at BHP's (BHP.AX) sprawling Escondida copper mine has raised the prospect for tough new negotiations and strikes at…

4 years ago

Analysis: U.S. manufacturers take a double hit from labor and materials

Calder Brothers Corp is under pressure to raise wages after rivals lured away some of its workers. A few others…

4 years ago

U.S. housing starts accelerate, building permits skid to eight-month low

U.S. homebuilding increased more than expected in June, but permits for future home construction fell to an eight-month low, likely…

4 years ago

U.S. CEO-to-worker pay ratio rose to 299:1 last year -union

The average S&P 500 .SPX chief executive made $15.5 million last year, 299 times the pay of the median worker…

4 years ago

U.S. ramps up warnings of business risks in China’s Xinjiang region

The U.S. government on Tuesday strengthened its warnings to businesses about the growing risks of having supply chain and investment…

4 years ago

Analysis: U.S. states ending jobless benefits early hit labor market milestone in March

WASHINGTON, July 2 (Reuters) - U.S. states halting federal unemployment benefits early had crossed a key threshold in their economic…

4 years ago

Analysis: Push to end pandemic benefits may not be panacea for U.S. labor shortage

The 25 U.S. states calling an early halt to pandemic-related federal unemployment benefits have recovered more of the jobs lost…

4 years ago

U.S. manufacturing gains steam; raw material, labor shortages mounting

U.S. manufacturing activity picked up in May as pent-up demand amid a reopening economy boosted orders, but unfinished work piled…

4 years ago