Unemployment
UK unemployment rate unexpectedly drops to 4.0%, wage inflation Slows
UK employment rose 42,000 in the 2Q18, compared to the 93,000 expected.<p>The claimant count rose 6,200 in July from 9,000 in the three months to June, …
BusinessUK jobless rate falls to new 43-year-low, but pay growth weakens
© Reuters. Construction workers work on a site in London<p>By Andy Bruce and David Milliken<p>LONDON (Reuters) - Britain's unemployment rate fell to its …
EmploymentReal wage growth flatlines but unemployment drops to 43-year low at 4pc
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UnemploymentOregon's unemployment lowest in 42 years
PORTLAND, OR (AP) -<p>Oregon says its unemployment rate for July was the lowest in 42 years of keeping comparable records.<p>The state reported Tuesday …
OregonMacron Waits to Reap Clear Benefits From Labor Overhauls: Chart
Emmanuel Macron has slashed taxes and rewired France’s complex labor code since taking office in May last year, but bringing down unemployment is a …
Emmanuel MacronOregon unemployment hits another record low as pace of hiring picks up
Oregon's labor market is growing faster than economists believed, with the jobless rate hitting another record low in July.<p>The monthly unemployment …
Labor EconomicsKudlow: Economy will help GOP keep its grip on House
NEW YORK — Larry Kudlow, President Donald Trump’s top economic adviser, says Republicans will hold the House this fall and the economy will be a big reason why.<p>“These are very good times and the midterms will be a report card on that,” Kudlow, the director of the National Economic Council, said in …
PoliticsUK pay growth edges down despite lowest jobless rate since ‘75 | Financial Times
Growth in average pay came in lower than analysts expected during the three months to the end of June, despite a fall in the jobless rate to the …
EmploymentDespite Drop in Black Unemployment, Significant Disparities Remain
Fourteen states had black unemployment rates above 6 percent at a time when the national unemployment rate was 4 percent in June, according to a new …
Income Inequality4 Reasons Why Millions Of Americans Are Leaving The Workforce
The unemployment rate only includes people who don't have jobs and are looking for work. A much larger swath of people — about 36 percent of U.S. …
DemographicsPay Raises Expected To Accelerate For Most U.S. Workers
Things are looking up for U.S. workers. Employers predict that they will be granting larger pay raises in 2019 than they awarded this year, according …
BusinessPuerto Rican Government’s Recovery Plan Envisions More Austerity Ahead
Share<p>Tweet<p>Email<p>Share<p>August 9, 2018; New York Times<p>In a “discovery” that should surprise no one, Frances Robles in the <i>New York Times</i> reports that, …
CaribbeanProductivity and wages: What’s the connection?
When economists tick off the reasons for our current wage problems, we usually include “slow productivity growth” on the list. Well, somebody asked me the reasonable question: Why should that matter?<p>Productivity, or output per hour, is growing slowly, but it’s still up, so why should it explain …
Income InequalityThe biggest policy mistake of the last decade
In the great economic battle of the past decade, the winner is the tried and true — in a rout.<p>After the 2008 financial crisis, old-fashioned …
EconomicsChina Growth Momentum Stalls as Trade War Turns Real for Economy
China’s economy fell short of expectations in July as a deepening trade war clouds the outlook.<p>Industrial output rose 6 percent in July from a year …
BusinessUnemployment hits new 43-year low but stumbling pay growth reveals extent of productivity crisis
Unemployment dropped to its lowest level in more than 40 years in June as the rebounding economy created tens of thousands of new jobs.<p>The jobless rate fell to 4pc in the three months to June, the Office for National Statistics said, down from 4.2pc in the previous three-month period.<p>The number of …
BusinessFrench unemployment dropping too slowly for Macron government
French unemployment dipped by 0.1 percent in the second quarter, provisional figures showed Tuesday -- frustratingly slow progress for President …
FranceU.K. unemployment falls to 43-year low
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ETFsHow tax policy can help China fight trade war
What could Beijing do to offset the adverse impact of the escalating US-China trade war?<p>Fighting back with tariff hikes or limiting the damage by …
News (Hong Kong)Mixed U.K. Jobs Data Overshadowed By Brexit For BoE
<i>By James Smith, Developed Markets Economist</i><p><i>A further fall in UK wage growth is unlikely to faze the Bank of England too much at this stage. But with</i> …
BusinessU.S. Jobless Claims Fell Last Week
Initial claims declined by 6,000 to a seasonally adjusted 213,000<p>WASHINGTON—The number of Americans filing applications for new unemployment benefits fell last week, continuing to hover near historic lows.<p>Initial jobless claims, a proxy for layoffs across the U.S., declined by 6,000 to a seasonally …
Jobless ClaimsWhat Employers Need to Know About the Illinois Secure Choice Mandatory Retirement Savings Program
Article ByJoy Napier-JoyceJoshua RafskyKathryn W. WheelerJackson Lewis P.C.Benefits Law Advisor BlogEmployers in Illinois with at least 25 employees …
RetirementUK unemployment falls to new four-decade low
The British unemployment rate fell to its lowest in more than 40 years in the second quarter, continuing the extraordinary run for the UK labour …
Business (UK)Railroads Duck Massachusetts Paid Sick Leave Law (1) (1)
Massachusetts can’t apply its paid sick leave law to railroad employees who are protected by a federal unemployment insurance program, according to a …
JudiciaryVirginia forms task force to block worker misclassification
RICHMOND, Va. (AP) - Gov. Ralph Northam has signed an executive order establishing a task force to come up with a plan to prevent worker …
Income TaxUnemployment in New York City is at a historic low, controller's office says
Unemployment in New York City is at a record low, according to a new economic report from Controller Scott Stringer.<p>The unemployment rate fell to …
New York CityDo work requirements for federal assistance help people escape poverty? No. Here’s what really happens.
Last month, the Trump administration reopened its effort to allow Kentucky to require low-income citizens to work in exchange for health-care coverage — part of its larger goal of imposing work requirements nationwide for all kinds of benefits, including assistance buying food. The Kentucky effort …
Income InequalityJapan's labour crunch is reshaping how companies attract workers
(This Aug 1 story cuts erroneous information in 17th paragraph.)<p>FILE PHOTO: Office workers are reflected in a glass railing as they cross a street during lunch hour in Tokyo June 1, 2015. REUTERS/Thomas Peter/File Photo<p>By Stanley White and Naomi Tajitsu<p>TOKYO (Reuters) - Misaki Harada wants to quit …
EmploymentReal Swiss jobless rate double official figure: report
There was more good news about the Swiss job market in July with the official unemployment rate coming in at a healthy 2.4 percent, according to the …
SwitzerlandFlash-Bang Grenades | Enough Iz Enough | Teen Summer Jobs
After a temporary suspension by the Portland Police, we talk about flash-bang grenades. We also hear about an outreach group on the Umatilla Indian …
Employment