Latest Labor economy News

In this Jan. 15, 2020, photo, President Donald Trump hands a pen to Chinese Vice Premier Liu He after signing

AP FACT CHECK: Trump's compulsive claims of 'biggest' ever

Jan. 18, 2020 8:11 AM EST

WASHINGTON (AP) — Size matters to President Donald Trump. So much that he exaggerates continually, sometimes spectacularly, the size of what he does. Just as his tax cuts are far from the biggest in history, the economy isn't the best ever and his election victory in 2016 was no landslide of historic...

Wyoming's capital sees economic downturn due to job decrease

Jan. 17, 2020 7:50 PM EST

CHEYENNE, Wyo. (AP) — Wyoming's capital city is experiencing an economic downturn driven by a reduction in local mining and construction jobs, a new report said. Cheyenne experienced a 5.5% reduction in local mining and construction jobs in the past year, The Wyoming Tribune Eagle reports. The state...

Arizona Republican Gov. Doug Ducey, front, raises his arm as he makes a pledge as he speaks during his State of the State address about Arizona's economy, new jobs, prison reform, and education as Senate president Karen Fann, R-Prescott, back right, and House Speaker Rusty Bowers, R-Mesa, back left, listen in on the opening day of the legislative session at the Capitol, Monday, Jan. 13, 2020, in Phoenix. (AP Photo/Ross D. Franklin)

Poorest, best schools a focus in proposed Arizona budget

Jan. 17, 2020 6:31 PM EST

PHOENIX (AP) — Gov. Doug Ducey proposed a $12.3 billion spending plan Friday that would send more money to Arizona's best-performing and poorest schools while boosting the budget for repairing schools and building new ones. Ducey's budget would raise state spending by about 6% over the budget enacted last...

FILE - In this Nov. 6, 2019, file photo, a sign advertises job opportunities at Harry's Pizzeria in the Coconut Grove neighborhood in Miami. On Friday, Jan. 17, 2020, the Labor Department reports on job openings and labor turnover for November. (AP Photo/Lynne Sladky, File)

Employers post fewer jobs in November

Jan. 17, 2020 11:32 AM EST

WASHINGTON (AP) — The number of available jobs fell sharply in November, dropping to 6.8 million, a decline of 7.6% from the October level. The Labor Department reported Friday that the job openings number for November was down by 561,000 from the October level of 7.36 million. Some economists took the big...

ARCHIVO - En imagen de archivo del 3 de octubre de 2019, los fuselajes del Boeing 737 MAX, fabricados por Spirit Aerosystems en Wichita, Kansas, se encuentran cubiertos pr lonas cerca de la fábrica. (Travis Heying/The Wichita Eagle vía AP, archivo)

Kansas says it's better prepared now for aviation layoffs

Jan. 16, 2020 6:31 PM EST

Kansas Labor Secretary Delia Garcia said Thursday that the state is better prepared to respond to layoffs stemming from the grounding of the troubled Boeing 737 Max than it was during the Great Recession, when it had to borrow money to prop up its unemployment insurance trust fund. That fund now has about $1...

FILE - In this Nov. 15, 2019, file photo a microphone stands at the entrance to a secure area during a closed-door interview with David Holmes, a career diplomat and the political counselor at the U.S. Embassy in Kyiv, Ukraine, on Capitol Hill in Washington. The Labor Department will begin restricting news organizations' use of economic data by barring computers from the rooms where reporters receive such data before its public release, department officials announced Thursday, Jan. 16, 2020. (AP Photo/Jose Luis Magana, File)

Labor Department limits news outlets' use of embargoed data

Jan. 16, 2020 5:08 PM EST

WASHINGTON (AP) — The Labor Department will begin restricting news organizations' use of economic data by barring computers from the rooms where reporters receive such data before its public release, department officials announced Thursday. The early access to embargoed data allows news services to prepare...

Aerospace company gets funding for New Mexico job expansion

Jan. 16, 2020 1:23 PM EST

ROSWELL, N.M. (AP) — An aerospace company expects to hire more people after it received funding from New Mexico to train its employees at its Roswell Air Center location, company officials said. Arkansas-based CAVU Aerospace Inc. was given $527,054 in Job Training Incentive Program funds through the state...

FILE - In this Nov. 27, 2019, file photo Robin Hazal shops at a Kohl's ahead of Black Friday in Las Vegas. The nation's largest retail trade group said Thursday, Jan. 16, 2020, that holiday sales increased 4.1%, near the top end of its forecast. (AP Photo/John Locher)

Nation's largest retail trade group: holiday sales rose 4.1%

Jan. 16, 2020 12:32 PM EST

NEW YORK (AP) — The nation's largest retail trade group says holiday sales increased 4.1%, the top end of its forecast. The National Retail Federation had expected growth in a range of 3.8% to 4.2% for the November and December period. The growth is nearly double the 2.1% growth seen during the holiday...

Think tank says UAW deals increased automakers' labor costs

Jan. 15, 2020 3:40 PM EST

DETROIT (AP) — New contracts between the United Auto Workers union and Detroit's three automakers substantially increased the cost gap between Detroit and foreign automakers with U.S. factories, an industry think tank says. The Center for Automotive Research calculated that General Motors and Ford will see...

Kentucky county to lose major employer with plant closure

Jan. 15, 2020 11:46 AM EST

GLASGOW, Ky. (AP) — A commercial printing company that is one of the largest employers in a Kentucky county has announced it will close three plants this year. The Chicago-based LSC Communications Inc. confirmed on Tuesday that among the closures would be its plant in Glasgow that was operated as RR...