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...“In the 1990s I’d been involved in environmental protest and then decided that resistance was no good,” she tells us. “I’ve never been a person especially comfortable in a group.”...
...While inflation has fallen rapidly over the past year or so, the US central bank still has an itchy trigger finger....
...The ban is also affecting employment disputes in court....
...That is equal to almost $23,000 for the median existing US home price of $379,100....
...Worries about the economy have eased as continued growth in employment and rising wages have offset a cost of living crisis that saw inflation outpace the incomes of ordinary Americans....
...The US Chamber of Commerce has already filed a lawsuit alleging that the FTC overstepped its authority and further legal challenges are expected....
...Employment law cases are messy and human....
...Recent studies suggest that Census data used for the household survey of the employment report understated immigration in 2023....
...The employment figures provide a much-needed boost to President Joe Biden who has put his record on jobs at the heart of his bid for re-election in November....
...(If you are an employment lawyer who disagrees, please do email me.)...
...In the US and elsewhere, companies have long used non-compete clauses in employment contracts, which prevent employees from moving to rivals in a particular region or starting a new business for a period...
...The US Federal Trade Commission has voted to ban non-compete agreements, taking aim at contracts that limit employees’ freedom to quit for a new job at a different employer....
...The figures provide a boost for Biden as he builds up his campaign to retake the White House, touting his strong record on employment creation....
...The UAW had the support of 76 per cent of US adults during last autumn’s strike, according to a CNN poll....
...The US Federal Trade Commission last week voted to ban non-compete agreements – but will its decision stick?...
...Most mergers of equals in the US over the past 20 years are mid- or small-cap companies, with only a handful of mega- or large-caps....
...The Republican Study Committee, a legislative caucus in the US House, proposed eliminating the NLRB in its proposal for the government’s most recent budget, saying that the US labour department could enforce...
...Wall Street stocks slid on Tuesday as data showing weakening consumer confidence and stubborn employment costs helped add to stocks’ worst month in seven....
...But he said the sharp fall in employment suggested wage growth would continue to ease....
...The peak impact comes four quarters after a slowdown, with spending falling by 0.25% for every 1% decline in revenues, all else equal....
...The US economy added 275,000 jobs last month, beating forecasts, but big downgrades to previous figures complicated the outlook for the US economy....
...So I would put higher odds than you of a US rate cut before the summer....
...Research lends credence to the idea that productivity growth boosts employment....
...About 500,000 of these were in the US alone. Now, most experts predict AI will lead to more jobs cuts in manufacturing....
...A top Federal Reserve official has insisted that the US’s hot labour market is continuing to cool, in a sign that last month’s unexpectedly strong employment numbers will not derail plans by rate setters...
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