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An Amazon Unionizing Bid in Britain Stumbles
Posted inGMB Union Great Britain Inflation (Economics) Labor and Jobs Organized Labor Strikes Wages and Salaries

An Amazon Unionizing Bid in Britain Stumbles

Over 700 workers in Coventry joined a union and are seeking recognition for it to negotiate with the company, known for its resistance to organized labor.
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Posted by By Eshe Nelson
Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study Says
Posted inComputers and the Internet Economic Conditions and Trends Labor and Jobs McKinsey & Co

Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study Says

The report from McKinsey comes as a debate rages over the potential economic effects of A.I.-powered chatbots on labor and the economy.
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Posted by By Yiwen Lu
Labor Board, Reversing Trump-Era Ruling, Widens Definition of Employee
Posted inDecisions and Verdicts Entrepreneurship Freelancing, Self-Employment and Independent Contracting Labor and Jobs National Labor Relations Board Regulation and Deregulation of Industry

Labor Board, Reversing Trump-Era Ruling, Widens Definition of Employee

The National Labor Relations Board, with a Democratic majority, restored a standard that counts more workers as employees rather than contractors.
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Posted by By Noam Scheiber
U.S. Inflation Cools as Fed Plots Next Interest Rate Move
Posted inBanking and Financial Institutions Consumer Behavior Federal Reserve System Interest Rates Labor and Jobs Price Gouging Prices (Fares, Fees and Rates) United States Economy

U.S. Inflation Cools as Fed Plots Next Interest Rate Move

Consumer prices rose at the slowest pace in more than two years, an encouraging sign for policymakers as they plot their next interest rate move.
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Posted by By Jeanna Smialek

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