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...“You have to take seriously the possibility that the next rate move will be upwards rather than downwards,” former Treasury secretary Larry Summers said, in a sign of the effect of the inflation data on...
...And here’s what I’m keeping tabs on today and over the weekend: Economic data: The US Labor Department’s Bureau of Labor Statistics releases monthly import and export statistics and the University of Michigan...
...The median pay for a childcare worker is just $13.71 an hour, or about $28,500 a year, according to the Department of Labor....
...In September, a federal judge dismissed a lawsuit challenging a Department of Labor rule that allowed but did not require fiduciaries to consider ESG factors in investments....
...The US Bureau of Labor Statistics predicts “little or no change” in the number of marine engineers and architects in the US between 2022 and 2032, while the job market for such careers in places like South...
...In 2017 the US Department of Justice revealed that UAW officials had embezzled members’ dues and accepted illegal pay-offs from executives at Stellantis’ predecessor company....
...“Early on I got a lot of complaints from people trying to work from home — including heads of corporations — who were frustrated by the lack of bandwidth,” Schneiderman says....
...Ride-hailing app Uber fell as much as 16.7 per cent, while shares in rival Lyft and food delivery service DoorDash hit record lows during trading in New York on Tuesday as investors worried the US labour...
...’ Business Education on Wages and the Labor Share in the US and Denmark’....
..., Department of Labor employment report World events Finally, here is a rundown of other events and milestones this week....
...Nato: US secretary of state Antony Blinken will meet Nato secretary-general Jens Stoltenberg, who is visiting the US....
...Economic data Job openings are expected to have dipped to 11.4mn in April, based on economists’ prediction for the US Department of Labor’s Job Openings and Labor Turnover Survey (Jolts) report....
...US job openings: Data from the US Bureau of Labor Statistics are expected to show that job openings edged down to about 10.5mn in July from 10.7mn the previous month....
...The US Bureau of Labor Statistics is also expected to release data showing job openings decreased slightly to 11mn in May from 11.4mn the previous month....
...Without giving details, Tuhin Kanta Pandey, secretary of the department of investment and public asset management (DIPAM), tweeted on June 20 that he had received “multiple” expressions of interest for the...
...The latest Bureau of Labor Statistics data showed US consumer prices rose 7.5 per cent last month compared with January last year — the fastest annual pace in 40 years....
...A report by the Labor Department is expected to show that initial claims for state unemployment benefits rose 10,000 to a seasonally adjusted 197,000 for the week ended March 26....
...Under a plan to be finalised by the Department of Labor, medium-sized and large companies with 100 workers or more will be told to force their employees either to be vaccinated or to make them test at least...
...them look at the public realm and think, well, actually, we’d kind of rather just have better public services and maybe pay slightly more tax....
...Yellen and Walsh said the labour department would create $47m in grants to support reemployment services and that President Joe Biden is urging Congress to to reform long-term unemployment insurance....
...The department said the rule was “in tension” with the text and purpose of the Fair Labor Standards Act....
...In fact, as Edward Alden of the Council on Foreign Relations points out, US trade representative Katherine Tai often sounds more like the labor secretary than the top trade adviser....
...The US Bureau of Labor Statistics estimated in 2017 there were more than 55m gig workers in the US, a number that is expected to have risen considerably since....
...According to the Department of Labor’s 2020 report, 96,000 workers were eligible for assistance in 2020, a 6 per cent increase compared with 2019....
...The US labour secretary had also said that gig workers may indeed be employees....
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