Labor economy

FILE - In this Oct. 1, 2019, file photo Billy Ramos, right, fills out a job application with Adidas during a job fair at Dolphin Mall in Miami. On Friday, Nov. 1, the U.S. government issues the October jobs report. (AP Photo/Lynne Sladky)
November 01, 2019 - 7:27 am
WASHINGTON (AP) — U.S. employers added a solid 128,000 jobs in October, a figure that was held down by a now-settled strike against General Motors that caused tens of thousands of workers to be temporarily counted as unemployed. The unemployment rate ticked up from 3.5% to 3.6%, still near a five-...
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October 30, 2019 - 6:50 pm
DETROIT (AP) — The United Auto Workers union has reached a tentative contract agreement with Ford after three days of intense bargaining. The union said the deal was reached Wednesday night but didn't give details. The deal still has to be approved by committees of national union leaders and local...
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A television screen on the floor of the New York Stock Exchange shows the rate decision of the Federal Reserve, Wednesday, Oct. 30, 2019. The Federal Reserve has cut its benchmark interest rate for the third time this year to try to sustain the economic expansion in the face of global threats. (AP Photo/Richard Drew)
October 30, 2019 - 11:49 am
WASHINGTON (AP) — The Federal Reserve cut its benchmark interest rate Wednesday for the third time this year to try to sustain the economic expansion in the face of global threats. But it indicated that it won't cut again in the coming months unless the economic outlook worsens. The Fed's move...
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FILE - In this Oct. 1, 2019, file photo, Daisy Ronco waits in line to apply for a job with Marshalls during a job fair at Dolphin Mall in Miami. On Wednesday, Oct. 30, payroll processor ADP reports on how many jobs its survey estimates U.S. companies added in October. (AP Photo/Lynne Sladky, File)
October 30, 2019 - 5:56 am
BALTIMORE (AP) — U.S. businesses added a mere 125,000 jobs in October, a slowdown in hiring driven in part by job cuts in manufacturing and construction. Payroll processor ADP said Wednesday that hiring in September was also revised down sharply to 93,000 jobs from the initial report of 135,000...
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FILE - In this Nov. 27, 2018, file photo a banner depicting the Chevrolet Cruze model vehicle is displayed at the General Motors' Lordstown plant in Lordstown, Ohio. An economic renaissance in the industrial Midwest promised by President Donald Trump has suffered in recent weeks in ways that could be problematic for Trump's 2020 re-election. (AP Photo/John Minchillo, File)
October 30, 2019 - 12:38 am
TOLEDO, Ohio (AP) — President Donald Trump once promised that coal and steel would be the beating heart of a revived U.S. economy — a nostalgic vision that helped carry him to victory three years ago in the industrial Midwest. But a year away from Election Day, that promised renaissance is not...
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FILE - In this Tuesday, June 4, 2019, file photo, managers wait for job applicants at the Seminole Hard Rock Hotel & Casino Hollywood during a job fair in Hollywood, Fla. A measure of hiring by U.S. companies has fallen to a seven-year low and fewer employers are raising pay, a business survey released Monday, Oct. 28, 2019, has found. Just one-fifth of the firms surveyed by the National Association for Business Economics said they have hired additional workers in the past three months. (AP Photo/Wilfredo Lee, File)
October 28, 2019 - 8:49 am
WASHINGTON (AP) — A measure of hiring by U.S. companies has fallen to a seven-year low and fewer employers are raising pay, a business survey found. Just one-fifth of the economists surveyed by the National Association for Business Economics said their companies have added to their workforces in...
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October 25, 2019 - 10:36 am
ALBANY, N.Y. (AP) — Smaller bonuses last year contributed to a 5.6% drop in average Wall Street salaries, according to a report released Friday by New York state's comptroller. The average 2018 salary, including bonuses, for New York City's securities industry employees was $398,600. That was down...
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In this Monday, Sept. 23, 2019 photo Maria Alvarez, front, and her husband Guillermo Alvarez, behind, both of Boston, examine clothes washers and dryers at a Home Depot store location, in Boston. On Thursday, Oct. 24, the Commerce Department releases its September report on durable goods. (AP Photo/Steven Senne)
October 24, 2019 - 5:43 am
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods tumbled in September by the largest amount in four months while a closely watched category that tracks business investment fell for a second month. The declines underscored the troubles manufacturing is having in the face...
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President Donald Trump arrives to speak to the 9th annual Shale Insight Conference at the David L. Lawrence Convention Center, Wednesday, Oct. 23, 2019, in Pittsburgh. (AP Photo/Evan Vucci)
October 23, 2019 - 2:28 pm
PITTSBURGH (AP) — President Donald Trump promoted his support for the natural gas industry Wednesday, making clear on his second visit to Pennsylvania in the past three months that he sees his pro-industry policies as a boost to his chances of winning the battleground state in 2020. As some of his...
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Democratic presidential candidate former Vice President Joe Biden speaks during a campaign event, Wednesday, Oct. 23, 2019, in Scranton, Pa. (AP Photo/Matt Rourke)
October 23, 2019 - 1:35 pm
SCRANTON, Pa. (AP) — Joe Biden cast President Donald Trump on Wednesday as a fraudulent populist whose tax policies, economic stewardship and erratic leadership have hurt U.S. workers and betrayed voters in the critical battleground state of Pennsylvania. After scrapping with fellow Democrats for...
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