Latest Labor economy News

Auto union now turns focus to Fiat Chrysler; strike possible

Nov. 18, 2019 5:03 PM EST

DETROIT (AP) — The United Auto Workers union on Monday turned its bargaining focus to Fiat Chrysler, raising the possibility of another strike against a Detroit automaker. Ford workers ratified their contract Friday night, while the union settled with General Motors last month after a 40-day strike by...

Same as it ever was: worker health benefit costs rise again

Nov. 17, 2019 8:01 AM EST

In the ever-shifting world of company-provided health insurance, here’s a constant: It keeps getting more expensive. Workers may learn that their doctor will no longer be covered or they might have to pay a higher deductible before most coverage begins. Meanwhile, the employer paying most of the insurance...

Perdue defends, celebrates USDA agency moves to Missouri

Nov. 15, 2019 5:52 PM EST

KANSAS CITY, Mo. (AP) — U.S. Secretary of Agriculture Sonny Perdue said Friday that he has “absolutely zero regrets” about moving the headquarters of two research agencies from Washington, D.C., to Kansas City, despite continuing criticism that the move would harm agricultural research and...

Pensioners struggling to survive join Chile protests

Nov. 15, 2019 12:20 PM EST

SANTIAGO, Chile (AP) — Seventy-seven-year-old María Gonzalez is tired of waking up, Monday to Friday, to sell toilet paper in the Chilean capital. Her meager $146 monthly pension puts her below the poverty line, which in Chile is around $222 a month. “I feel tired. Honestly, I’m...

New Jersey seeks $640M from Uber for misclassifying workers

Nov. 14, 2019 5:22 PM EST

TRENTON, N.J. (AP) — New Jersey is seeking more than $640 million from Uber in taxes and penalties, saying the ride-hailing company misclassified its drivers as independent contractors. The decision is the latest setback for Uber and other companies in the so-called “gig economy” that rely...

US producer prices up 0.4% in October

Nov. 14, 2019 8:58 AM EST

WASHINGTON (AP) — U.S. producer prices rose 0.4% in October, the biggest jump in six months, reflecting a surge in energy costs. The Labor Department said Thursday that the October increase in its producer price index, which measures price pressures before they reach consumers, followed a 0.3% decrease in...

Water product, services company to add 325 jobs in Tennessee

Nov. 14, 2019 4:41 AM EST

KIMBALL, Tenn. (AP) — A water product and services company is creating 325 jobs in Tennessee over the next five years. The Department of Economic and Community Development on Wednesday announced the expansion of Mueller Water Products, Inc. in Kimball. The company makes products and offers services to...

Fed’s Powell sees steady growth, signals pause in rate cuts

Nov. 13, 2019 4:27 PM EST

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Wednesday that the Fed is likely to keep its benchmark short-term interest rate unchanged in the coming months, unless the economy shows signs of worsening. But for now, in testimony before a congressional panel, Powell expressed optimism about...

The Latest: Powell sees job participation as major problem

Nov. 13, 2019 12:09 PM EST

WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell’s testimony before the Joint Economic Committee about the outlook for the U.S. economy (all times local): ___ 11:55 a.m. Federal Reserve Chairman Jerome Powell says two major long-term issues facing the U.S. economy are sluggish...

Truckers file 1st suit contesting California gig economy law

Nov. 12, 2019 9:24 PM EST

SACRAMENTO, Calif. (AP) — The California Trucking Association on Tuesday filed what appears to be the first lawsuit challenging a sweeping new labor law that seeks to give wage and benefit protections to workers in the so-called gig economy, including rideshare drivers at companies such as Uber and Lyft....