Latest Labor economy News

Kroger e-commerce warehouse, nearly 700 jobs coming to NC

Dec. 08, 2021 17:01 PM EST

CONCORD, N.C. (AP) — The Kroger Co. plans to build a high-tech warehouse in central North Carolina designed to carry out delivery orders for its customers in the growing e-commerce market, creating nearly 700 jobs over five years, Gov. Roy Cooper announced on Wednesday. The...

Editorial Roundup: Minnesota

Dec. 08, 2021 13:19 PM EST

Minneapolis Star Tribune. December 1, 2021. Editorial: Biden brings good news to Minnesota Infrastructure investments will yield generational benefits. Minnesota stands to benefit from the recently passed, bipartisan infrastructure bill in a way that...

Recovery yields more tax revenue than anticipated in Nevada

Dec. 08, 2021 12:46 PM EST

CARSON CITY, Nev. (AP) — Nevada’s economy is rebounding more quickly than in some past recessions, but coronavirus variants continue to raise questions about the state’s path toward full recovery. The five-member panel responsible for economic forecasts on Tuesday said the...

US businesses advertised near-record 11 million open jobs

Dec. 08, 2021 11:37 AM EST

WASHINGTON (AP) — U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand. The government report Wednesday also showed that the number of people quitting their...

Noem proposes big salary raises, over $1B in projects

Dec. 07, 2021 19:30 PM EST

SIOUX FALLS, S.D. (AP) — South Dakota Gov. Kristi Noem laid out a plan Tuesday to spend an unprecedented amount of money in raises for state employees, teachers and health care providers, as well as boost infrastructure projects as the state receives billions in federal pandemic relief and sees...

Audit: Colorado paid $73 million in bogus unemployment aid

Dec. 06, 2021 17:45 PM EST

DENVER (AP) — A state audit has found that Colorado likely or potentially paid $73.1 million in fraudulent unemployment claims during the coronavirus pandemic's first year, including $3.9 million on behalf of dead people and $5 million on behalf of people who were unqualified because they were...

Survey: Business economists foresee persistent inflation

Dec. 06, 2021 00:07 AM EST

WASHINGTON (AP) — The nation's business economists have sharply raised their forecasts for inflation, predicting an extension of the price spikes that have resulted in large part from bottlenecked supply chains. A survey released Monday by the National Association for...

Asian shares mixed after China Evergrande warns of cash woes

Dec. 05, 2021 23:54 PM EST

BANGKOK (AP) — Shares were mixed in Asia on Monday after troubled Chinese property developer Evergrande warned late Friday it may run out of money. Hong Kong dropped 1.2% but the Shanghai Composite index rose. South Korea’s benchmark advanced but Tokyo and Sydney...

Labor department launches website for unemployment insurance

Dec. 04, 2021 10:00 AM EST

PROVIDENCE, R.I. (AP) — Rhode Island's labor department is allowing people to apply for unemployment insurance online. The department said this week it's rolling out a new unemployment insurance platform, UI Online, to allow people to apply online and track their claim....

Stocks slump after murky jobs report as markets swing

Dec. 03, 2021 16:46 PM EST

A week of volatile swings on Wall Street ended Friday with more losses for stocks, as a mixed batch of U.S. job market data triggered another bout of dizzying trading. The S&P 500 closed 0.8% lower after erasing a 0.7% gain in the early going. The benchmark index was...