Labor economy

September 06, 2018 - 10:43 am
NEW YORK (AP) — Small business hiring fell by more than half in August, the likely result of a shrinking labor pool. Payroll processor ADP said Thursday that its small business customers added 21,000 new jobs last month, down from 59,000 in July. That's also less than half the monthly average of...
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FILE- In this June 15, 2018 photo, winter wheat is harvested in a field farmed by Dalton and Carson North near McCracken, Kan. On Thursday, Aug. 6, the Labor Department issues revised data on productivity in the second quarter. (AP Photo/Charlie Riedel, File)
September 06, 2018 - 5:37 am
WASHINGTON (AP) — The Labor Department on Thursday affirmed last month's report that U.S. productivity increased at an annual rate of 2.9 percent in the second quarter. The government reported few revisions to the productivity figures released in August. The jump in productivity followed a tepid 0...
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In this Aug. 31, 2018, photo, President Donald Trump holds up a list of his administrations accomplishments while speaking at a Republican fundraiser at the Carmel Country Club in in Charlotte, N.C. President Donald Trump is starting his Labor Day with an attack on a top union leader. Trump tweeted Monday that AFL-CIO President Richard Trumka “represented his union poorly on television this weekend.” He added: “it is easy to see why unions are doing so poorly. A Dem!” Trumka appeared on “Fox News Sunday,” where he said efforts to overhaul the North American Free Trade Agreement should include Canada. (AP Photo/Pablo Martinez Monsivais)
September 03, 2018 - 4:56 pm
WASHINGTON (AP) — President Donald Trump started his Labor Day with an attack on a top union leader, lashing out after criticism from AFL-CIO President Richard Trumka. Trump tweeted Monday that Trumka "represented his union poorly on television this weekend." He added: "It is easy to see why unions...
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August 31, 2018 - 6:28 am
LONDON (AP) — Unemployment across the 19-country eurozone has fallen to its lowest level since the most acute phase of the global financial crisis a decade ago. Eurostat, the European Union's statistics agency, revealed Friday that the unemployment rate in July was 8.2 percent. That was unchanged...
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Esther George, left, President and CEO of the Federal Reserve Bank of Kansas City, John Williams, center, President and CEO of the Federal Reserve Bank of New York, and Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System walk together after Powell's speech at the Jackson Hole Economic Policy Symposium on Friday, Aug. 24, 2018 in Jackson Hole, Wyo. Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. (AP Photo/Jonathan Crosby)
August 24, 2018 - 1:19 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. Powell added that while annual inflation has risen to near the Fed's 2 percent target rate, it doesn't seem...
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Graphic shows results of AP-NORC Center poll on attitudes towards tariffs put in place by President Trump.; 2c x 4 inches; 96.3 mm x 101 mm;
August 24, 2018 - 11:02 am
WASHINGTON (AP) — Fewer than half of Americans expect President Donald Trump's tariffs to do much to help the U.S. economy, but their widespread unpopularity hasn't led most Republicans to stray from supporting the president's trade policy as the 2018 midterm elections approach. Majorities of...
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August 17, 2018 - 7:46 pm
CARACAS, Venezuela (AP) — Venezuelan President Nicolas Maduro raised wages for the fifth time this year and said he wanted to peg prices to the nation's fledgling cryptocurrency as part of a package of measures that economists say is likely to accelerate hyperinflation. Maduro made the announcement...
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FILE- In this May 16, 2018, file photo, traffic makes it's way past the Macy's flagship store in New York. Macy's Inc. reports earnings Wednesday, Aug. 15. (AP Photo/Mary Altaffer, File)
August 15, 2018 - 8:33 am
NEW YORK (AP) — Macy's raised its annual profit forecast as the department store reported an unexpected increase in a key sales measure. The Cincinnati department store chain has now reported its third straight quarter of higher sales at existing stores after a three-year slump. But shares on...
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FILE- In this Jan. 30, 2018, file photo, tractor-trailers move cargo out of the Port of Savannah in Savannah, Ga. U.S. productivity grew at an annual rate of 2.9 percent in the second quarter, the fastest pace in more than three years, while labor costs actually fell. On Wednesday, Aug. 15, The Labor Department says the April-June increase in productivity followed a much weaker 0.3 percent rate of gain in the first quarter. (AP Photo/Stephen B. Morton, File)
August 15, 2018 - 5:56 am
WASHINGTON (AP) — U.S. productivity grew at an annual rate of 2.9 percent in the second quarter, the fastest pace in more than three years, while labor costs actually fell. The April-June increase in productivity followed a much weaker 0.3 percent rate of gain in the first quarter, the Labor...
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FILE - In this Aug. 1, 2017, file photo, store greeter Danny Olivar, right, lends a hand to a customer to heft an air conditioning unit from a rapidly declining stock at a Home Depot store ahead of an expected heat wave in Seattle. The Home Depot Inc. reports earnings Tuesday, Aug. 14, 2018. (AP Photo/Elaine Thompson, File)
August 14, 2018 - 4:02 am
ATLANTA (AP) — Home Depot handily beat expectations during the second quarter, bouncing back from a slow start to the year when terrible weather cooled construction projects. The world's biggest home improvement retailer boosted its full-year profit and revenue forecasts Tuesday. Higher mortgage...
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