Latest Labor economy News

Asian shares advance after meager gains on Wall Street

Dec. 6, 2019 12:08 AM EST

BANGKOK (AP) — Shares swung higher in Asia on Friday after a wobbly day of trading on Wall Street as investors awaited a U.S. government jobs report and kept an eye out for developments in China-U.S. trade talks. Hong Kong’s Hang Seng rose 0.7% to 26,389.36, while the Nikkei 225 in Japan picked up...

US jobs data to give clues to economy amid trade uncertainty

Dec. 6, 2019 12:05 AM EST

WASHINGTON (AP) — Friday’s November jobs report will provide insight into whether steady hiring remains a source of strength for the U.S. economy even as the Trump administration’s trade conflicts have heightened uncertainties for employers. Economists have forecast that the government will...

Asian shares advance after meager gains on Wall Street

Dec. 5, 2019 11:22 PM EST

BANGKOK (AP) — Shares swung higher in Asia on Friday after a wobbly day of trading on Wall Street as investors awaited a U.S. government jobs report and kept an eye out for developments in China-U.S. trade talks. Hong Kong’s Hang Seng rose 0.7% to 26,401.47, while the Nikkei 225 in Japan picked up...

Michigan victims wrongly accused of fraud win again in court

Dec. 5, 2019 6:07 PM EST

LANSING, Mich. (AP) — Residents who were falsely accused of defrauding Michigan's unemployment benefits system won another victory Thursday when the state appeals court ruled 3-0 that their lawsuit seeking financial damages should proceed. The Michigan Supreme Court decided in April to allow the affected...

Klobuchar returns to Iowa with plan for a changing economy

Dec. 5, 2019 6:33 AM EST

CHICAGO (AP) — Democratic presidential candidate Amy Klobuchar on Thursday rolled out a plan to help Americans succeed in a changing economy, as she returns to Iowa looking to quickly build support with weeks to go before the first votes are cast for the party's 2020 nomination. The Minnesota senator's...

Asian shares rise on optimism about US-China trade deal

Dec. 4, 2019 9:51 PM EST

TOKYO (AP) — Asian shares were rising Thursday amid renewed hopes a U.S. trade deal with China may be nearing, despite tough recent talk from President Donald Trump. Japan’s benchmark Nikkei 225 gained 0.7% to 23,300.03 in early trading, while Australia’s S&P/ASX 200 added nearly 1.0% to...

Retired government workers decry pension-solvency proposal

Dec. 4, 2019 5:00 PM EST

SANTA FE, N.M. (AP) — An advocacy group for retired public employees assailed core provisions of a pension reform proposal in defiance of recommendations by the governor, at a legislative hearing Wednesday. Miguel Gómez, executive director of Retired Public Employees of New Mexico that represents more...

Survey: Businesses added just 67,000 jobs in November

Dec. 4, 2019 12:36 PM EST

WASHINGTON (AP) — U.S. companies added just 67,000 jobs in November, a private survey found, barely half the gain of the previous month. Payroll processor ADP said that manufacturers, construction firms and mining companies cut 18,000 jobs combined. Companies with fewer than 20 employees also slashed...

Across generations, French workers fight pensions overhaul

Dec. 4, 2019 9:25 AM EST

PARIS (AP) — Amid the crowds demonstrating in Paris against a planned overhaul of the pension system, a nephew and his uncle will be marching side by side on the front row, a symbol of how anger at the changes is spanning generations. Vincent Le Faucheur, 23, and Gilles Pierre, 41, both work for...

Lucid Motors auto plant expected to create 4K Arizona jobs

Dec. 3, 2019 4:31 PM EST

CASA GRANDE, Ariz. (AP) — Republican Arizona Gov. Doug Ducey has welcomed a new electric auto plant expected to create more than 4,000 jobs in Casa Grande over the next decade, officials said. Ducey, local politicians and state economic development officials attended the Lucid Motors groundbreaking...