Latest Labor economy News

The Latest: Germany's Merkel says Brexit situation 'in flux'

Mar. 19, 2019 7:16 AM EDT

LONDON (AP) — The Latest on Britain's exit from the European Union (all times local): 11:10 a.m. German Chancellor Angela Merkel says Brexit is in a state of flux and that European Union leaders will "try to react" to whatever British Prime Minister Theresa May proposes on Brexit at an EU summit this week....

Alan Krueger, noted economist who served Obama, has died

Mar. 18, 2019 5:40 PM EDT

Alan Krueger, a groundbreaking Princeton University economist who served as a top adviser in two Democratic administrations and was an authority on the labor market, has died, according to a statement from the university Monday. The economist took his own life during the weekend, according to a separate statement...

Paris cleans up riot debris as support fades for protesters

Mar. 17, 2019 12:12 PM EDT

PARIS (AP) — Business owners, city employees and construction workers dug in Sunday to clean up one of the world's most glamorous avenues, after riots by ultraviolent yellow vest protesters trashed the Champs-Elysees in Paris to express anger at French President Emmanuel Macron's economic policies. Luxury...

Nevada reports initial unemployment claims down in February

Mar. 16, 2019 12:17 AM EDT

CARSON CITY, Nev. (AP) — State economic analysts say Nevada is continuing a string of monthly reports showing drops in initial claims for unemployment insurance benefits, with February marking a low point for the month since 1999. The Research and Analysis Bureau reports that initial claims in February...

Editorials from around New England

Mar. 15, 2019 12:44 PM EDT

Editorials from around New England: ___ VERMONT The Brattleboro Reformer March 5 When Southern Vermont College closes at the end of the academic year, the effects will be felt throughout the region and for a long time to come. Data available from June 2017 shows that SVC paid a total of $6.76 million in salaries...

US job openings rise, outnumber the unemployed by 1 million

Mar. 15, 2019 11:50 AM EDT

WASHINGTON (AP) — U.S. employers posted nearly 7.6 million open jobs in January, near a record high set in November, evidence that businesses are still hungry for workers despite signs the economy has slowed. The Labor Department said Friday that hiring also rose and the number of people quitting their...

Pakistan standoff helps India's Modi shift focus from jobs

Mar. 15, 2019 1:40 AM EDT

NEW DELHI (AP) — A standoff with nuclear rival Pakistan appears to have given Indian Prime Minister Narendra Modi, head of the Hindu nationalist Bharatiya Janata Party, a boost ahead of national elections set to begin in April. After a suicide bombing killed 40 soldiers in Indian-controlled Kashmir,...

Eastman Chemical, Conduit Global cutting jobs in Tennessee

Mar. 14, 2019 4:38 PM EDT

MEMPHIS, Tenn. (AP) — Eastman Chemical Co. said Thursday that it is cutting an undisclosed number of jobs globally, citing "the ongoing U.S.-China trade dispute" and an economic slowdown in Europe. In a statement from company spokeswoman Betty Payne, the chemical and plastics manufacturer said it has seen...

Correction: Job Market-Workers Come Off Sidelines-ABRIDGED

Mar. 13, 2019 3:49 PM EDT

WASHINGTON (AP) — In a story March 7 about (topic), The Associated Press reported erroneously that the IT services provider TEKsystems is headquartered in Charlotte, North Carolina. Its headquarters are actually in Hanover, Maryland. A corrected version of the story is below: A hot US job market is coaxing...

Correction: Job Market-Workers Come Off the Sidelines story

Mar. 13, 2019 3:37 PM EDT

WASHINGTON (AP) — In a story March 7 about strong hiring drawing more people into the workforce, The Associated Press erroneously reported that TEKsystems is headquartered in Charlotte, North Carolina. Its headquarters is actually in Hanover, Maryland. The AP also erroneously reported that half of men...