Latest Employment figures News

CEOs get $800,000 pay raise, leaving workers further behind

May. 24, 2019 3:53 PM EDT

NEW YORK (AP) — Did you get a 7% raise last year? Congratulations, yours was in line with what CEOs at the biggest companies got. But for chief executives, that 7% was roughly $800,000. Pay for CEOs at S&P 500 companies rose to a median of $12 million last year, including salary, stock and other...

For Gaza grooms, crippling debt overshadows marital bliss

May. 23, 2019 7:26 AM EDT

GAZA CITY, Gaza Strip (AP) — Two years ago, Gaza resident Saleh Abu Serdanah took out a small loan in order to get married and start a family. These days, the 31-year-old construction worker is on the run, hiding from police in a tiny rental apartment and unable to repay the money he borrowed. Abu Serdanah...

US home sales fell 0.4% in April amid limited supply

May. 21, 2019 10:49 AM EDT

WASHINGTON (AP) — U.S. home sales slipped 0.4% in April, as would-be homebuyers face affordability challenges and a limited supply of starter houses. The National Association of Realtors said Tuesday that existing homes sold at a seasonally adjusted annual rate of 5.19 million last month, down from 5.21...

Democratic contenders face economic challenge in Wisconsin

May. 14, 2019 9:27 AM EDT

NEW BERLIN, Wis. (AP) — Business was good at the merchandise table as Republicans meeting at a suburban Milwaukee bowling alley picked out their Trump 2020 "Keep America Great" hats, now available in pink, blue and camouflage in addition to the trademark red. Bruce Kudick, a proud Donald Trump supporter...

UK jobless rate falls to its lowest level in 45 years

May. 14, 2019 8:30 AM EDT

LONDON (AP) — Official figures show that Britain's unemployment rate has fallen to its lowest level in 45 years, though wage growth softened slightly. The Office for National Statistics said Tuesday that the jobless rate in the three months to March declined to 3.8%, its lowest level since the end of 1974,...

AP FACT CHECK: Trump's trade theories don't hold water

May. 13, 2019 12:13 AM EDT

WASHINGTON (AP) — President Donald Trump cast a fog of misinformation over the U.S. trade dispute with China, floating inaccurate numbers and skewed economic theories as big tariffs kicked in on Chinese goods. At stake in the rupture is a trading relationship between the world's two largest economies that...

Trump has long seen previous US trade agreements as losers

May. 11, 2019 12:50 PM EDT

WASHINGTON (AP) — President Donald Trump's combative approach to trade has been one of the main constants among his often-shifting political views. And he's showing no signs of backing off now, even as the stakes intensify with the threat of a full-blown trade war between the world's two biggest economies....

AP FACT CHECK: Trump's fog of misinformation on trade

May. 11, 2019 7:21 AM EDT

WASHINGTON (AP) — President Donald Trump cast a fog of misinformation over the U.S. trade dispute with China, floating inaccurate numbers and skewed economic theories as big tariffs kicked in on Chinese goods. At stake in the rupture is a trading relationship between the world's two largest economies that...

US job openings jump to nearly 7.5 million in March

May. 7, 2019 11:19 AM EDT

WASHINGTON (AP) — U.S. employers advertised almost 7.5 million jobs at the end of March, a solid figure that signals hiring will likely remain strong in the months ahead. The Labor Department said Tuesday that job openings rose 4.8% from the previous month, while the number of people quitting their jobs...

AP FACT CHECK: Trump, Putin on 'no collusion'; economy myths

May. 6, 2019 12:53 AM EDT

WASHINGTON (AP) — President Donald Trump is still pulling numbers out of thin air on the economy. Trump repeatedly asserted that the U.S. economy is perhaps the best "ever" and insisted that last quarter's gross domestic product was the highest in 14 years. Neither claim is true. The president bragged the...