Latest Labor economy News

FILE - In this Thursday, April 30, 2020 file photo, a woman wearing a mask to protect against coronavirus, rides a bicycle past a job centre in Shepherd's Bush, as the lockdown to curb the spread of coronavirus continues, in London. The U.K. economy has officially fallen into a recession after official figures showed it contracting by a record 20.4% in the second quarter as a result of lockdown measures put in place to counter the coronavirus pandemic. The slump recorded by the Office for National Statistics follows a 2.2% quarterly contraction in the first three months of the year.  (AP Photo/Alberto Pezzali, File)

UK records deepest recession among top economies

Aug. 12, 2020 10:05 AM EDT

LONDON (AP) — Britain has suffered the deepest recession among the world’s top economies this year, shrinking by a fifth in the second quarter alone when much of the economy was mothballed as part of efforts to contain the coronavirus pandemic. The 20.4% quarterly drop is the worst since records...

Facebook to build $800M Tennessee data center with 100 jobs

Aug. 12, 2020 1:27 AM EDT

NASHVILLE, Tenn. (AP) — Facebook plans to build an $800 million data center in Tennessee that is expected to employ about 100 people, state economic development officials announced Wednesday. The state Department of Economic and Community Development said construction has just begun on Facebook’s...

Treasury Secretary Steven Mnuchin, left, accompanied by White House Chief of Staff Mark Meadows, right, speak to reporters following a meeting with House Speaker Nancy Pelosi of Calif. and Senate Minority Leader Sen. Chuck Schumer of N.Y. as they continue to negotiate a coronavirus relief package on Capitol Hill in Washington, Friday, Aug. 7, 2020. (AP Photo/Andrew Harnik)

What's keeping Washington from a virus deal, explained

Aug. 12, 2020 12:15 AM EDT

WASHINGTON (AP) — Hopes that talks on a huge COVID-19 relief deal would generate an agreement soon are fizzling, with both the Trump administration negotiating team and top congressional Democrats adopting hard lines and testy attitudes. Now that President Donald Trump has issued a series of executive...

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Aug. 12, 2020. Shares were mostly lower in Asia on Wednesday after Wall Street pumped the brakes on its recent rally. (AP Photo/Eugene Hoshiko)

Shares mostly lower in Asia after retreat on Wall Street

Aug. 12, 2020 12:07 AM EDT

Shares were mostly lower in Asia on Wednesday after Wall Street pumped the brakes on its recent rally. Tokyo’s Nikkei 225 index edged higher while the Shanghai Composite sank 2%. Overnight, a late slide in big technology companies left indexes broadly lower on Wall Street, breaking a seven-day winning...

South Korean Shin Yun-sun shows photos of her 92-year-old mother, Baek Bong-rye, during an interview at her house in Seoul, South Korea Wednesday, July 29, 2020. Shin, 75, has spent decades pestering government officials, digging into records and searching burial grounds on Russia’s desolate Sakhalin island, desperately searching for traces of a father she never met. Shin wants to bring back the remains of her presumably dead father for her ailing mother.  Japan's colonial government conscripted Shin's father for forced labor from their farming village in September 1943, when Baek was pregnant with Shin.(AP Photo/Ahn Young-joon)

1000s of Korean laborers still lost after WWII, Cold War end

Aug. 11, 2020 9:24 PM EDT

SEOUL, South Korea (AP) — Shin Yun-sun describes her life as a maze of dead ends. The South Korean has spent many of her 75 years pestering government officials, digging into records and searching burial grounds on a desolate Russian island, desperately searching for traces of a father she never met. Shin...

NC lawmakers want Cooper to seek Trump's extended benefits

Aug. 11, 2020 6:50 PM EDT

RALEIGH, N.C. (AP) — North Carolina's Republican legislative leaders asked Democratic Gov. Roy Cooper on Tuesday to get on board with extending unemployment benefits for workers displaced by the coronavirus pandemic that President Donald Trump has offered in an executive order. House Speaker Tim Moore and...

FILE - In this Aug. 28, 2019, file photo, supporters of a measure to limit when companies can label workers as independent contractors display banners in support of the bill during a rally at the Capitol in Sacramento, Calif. California newspaper companies would have two more years to comply with a state law requiring them to treat newspaper delivery people like employees rather than contractors, under a bill that took its first step in the Legislature on Tuesday, Aug. 11, 2020. (AP Photo/Rich Pedroncelli, File)

California could give newspapers a 2-year labor law reprieve

Aug. 11, 2020 4:47 PM EDT

SACRAMENTO, Calif. (AP) — California newspaper companies would have two more years to comply with a state law requiring them to treat newspaper delivery people like employees instead of contractors, under a bill that took its first step in the Legislature on Tuesday. The same bill would require state...

Treasury Secretary Steven Mnuchin, left, accompanied by White House Chief of Staff Mark Meadows, right, speak to reporters following a meeting with House Speaker Nancy Pelosi of Calif. and Senate Minority Leader Sen. Chuck Schumer of N.Y. as they continue to negotiate a coronavirus relief package on Capitol Hill in Washington, Friday, Aug. 7, 2020. (AP Photo/Andrew Harnik)

What's keeping Washington from a virus deal, explained

Aug. 11, 2020 3:23 PM EDT

WASHINGTON (AP) — Hopes that talks on a huge COVID-19 relief deal would generate an agreement soon are fizzling, with both the Trump administration negotiating team and top congressional Democrats adopting hard lines and testy attitudes. Now that President Donald Trump has issued a series of executive...

Gov. Tate Reeves discusses his statewide order for people to wear masks in public amid a recent surge in cases of the new coronavirus during a COVID-19 press briefing, Tuesday, Aug. 4, 2020 in Jackson, Miss. Director of the Mississippi Emergency Management Agency Greg Michel and State Health Officer Dr. Thomas Dobbs, also spoke and provided an update on the coronavirus and the state's ongoing strategy to limit transmission. (AP Photo/Rogelio V. Solis)

Reeves: Mississippi can't afford jobless benefit supplement

Aug. 11, 2020 1:02 PM EDT

JACKSON, Miss. (AP) — Mississippi Gov. Tate Reeves says the state cannot afford $100 per recipient, per week, to bolster unemployment payments during the coronavirus pandemic. But, the Republican governor is praising President Donald Trump for proposing that states provide the money. The federal...

The House works to adopts rules during a special session of the state Legislature at the Capitol in Salem, Ore., Monday, Aug. 10, 2020. Oregon lawmakers discussed unemployment benefits and police reform bills as they returned to the Capitol for a special session that was largely supposed to be focused on the state's $1 billion budget hole due to the COVID-19 pandemic. (Brian Hayes/Statesman Journal via AP)

Cuts, reserve funds help lawmakers balance Oregon budget

Aug. 11, 2020 11:40 AM EDT

Oregon lawmakers cut hundreds of millions of dollars from state agencies and tapped emergency reserves to help plug a $1 billion budget deficit due to COVID-19 shutdowns and also further restricted police choke holds during a testy, day-long special session. Some leading lawmakers had hoped to focus the special...