Latest Labor economy News

AP sources: Grievance over shortened MLB season opens Monday

Sep. 21, 2021 20:04 PM EDT

NEW YORK (AP) — In the midst of difficult negotiations for a new collective bargaining agreement, Major League Baseball and its players' association are scheduled to start a grievance hearing next Monday over the union's claim the 2020 pandemic-affected season was too short. ...

Tight job market is causing costs to rise at FedEx

Sep. 21, 2021 18:19 PM EDT

NEW YORK (AP) — FedEx is getting hurt by the tight job market. The package delivery company said Tuesday that its costs are up $450 million in the most recent quarter, as it paid higher wages as it got harder to find new workers and demand for shipping increased. FedEx...

Review paints dire picture of Virginia employment commission

Sep. 20, 2021 18:15 PM EDT

RICHMOND, Va. (AP) — A year and a half into the coronavirus pandemic, the Virginia Employment Commission is still swamped with backlogged claims, its call centers are underperforming and serious staffing problems persist, according to a scathing interim report the state’s legislative...

Kansas passed on earlier plan to upgrade unemployment system

Sep. 20, 2021 12:29 PM EDT

TOPEKA, Kan. (AP) — A software company urged Kansas to uprade its computer system for handling claims for unemployment benefits but the state didn't heed that advice five years before a flood of fraudulent claims across the U.S. during the coronavirus pandemic. ...

Inflation forces homebuilders to take it slow, raise prices

Sep. 20, 2021 12:17 PM EDT

LOS ANGELES (AP) — Even in the hottest U.S. housing market in more than a decade, new home construction has turned into a frustratingly uncertain and costly proposition for many homebuilders. Rising costs and shortages of building materials and labor are rippling across...

Fed likely to signal a coming pullback in economic support

Sep. 20, 2021 11:46 AM EDT

WASHINGTON (AP) — The Federal Reserve is expected this week to send its clearest signal yet that it will start reining in its ultra-low-interest rate policies later this year, a first step toward unwinding the extraordinary support it's given the economy since the pandemic struck 18 months...

Editorial Roundup: New England

Sep. 17, 2021 14:54 PM EDT

Hearst Connecticut Media. September 14, 2021. Editorial: 4 reasons CT still needs Gov. Lamont’s emergency powers It’s still too early to end Gov. Ned Lamont’s emergency powers, though it seems a lifetime since the legislature first granted him...

Start of school year fuels California job growth in August

Sep. 17, 2021 14:39 PM EDT

SACRAMENTO, Calif. (AP) — Public school teachers and staff returning to the classroom in August fueled another impressive month of job gains in California as officials said Friday that the state added another 104,300 jobs on its march to erase an unprecedented pandemic employment deficit. ...

Unemployment in Maine holds at a little less than 5%

Sep. 17, 2021 13:56 PM EDT

AUGUSTA, Maine (AP) — The jobs picture held steady in Maine through the summer, as the state's unemployment rate held at 4.9% last month, officials said Friday. The Maine Department of Labor said the number of non-farm payroll jobs fell by 1,200 to 617,200 in August....

Nebraska unemployment rate of 2.2% is lowest on record

Sep. 17, 2021 11:33 AM EDT

LINCOLN, Neb. (AP) — Nebraska's unemployment rate for August of 2.2% was the nation's lowest and the lowest on record for the state, a state agency reported Friday. The Nebraska Department of Labor said the August rate was down slightly from July's rate of 2.3%. ...