Thousands of workers who build commercial planes in the Seattle and Portland, Ore., areas voted down an accord recommended by union leaders.
Category: Labor and Jobs
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Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong
Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later.
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Greener Steel at Britain’s Largest Plant Comes With Heavy Job Losses
The British government and Tata of India said they would invest 1.25 billion pounds in a plan to convert the steel mill at Port Talbot in Wales to an electric furnace.
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Harris Economic Plan Focuses on Prices, a Key Vulnerability
Vice President Kamala Harris has been balancing the challenges of defending “Bidenomics” and charting her own course on the economy.
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Walt Ehmer, Former Waffle House C.E.O., Dies at 58
Mr. Ehmer steered the diner chain through the pandemic and preached spending more time in one of his 24-hour restaurants than in his office.
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Battery Maker Northvolt to Cut Costs as E.V. Demand Slumps in Europe
The Swedish battery manufacturer said it would eliminate jobs and seek partnerships as it grapples with competition from China.
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Boeing Reaches Tentative Deal With Union Workers to Avert Strike
The proposed contract, if approved by union members on Thursday, includes a 25 percent raise over four years and a promise to build the next plane in the Seattle-Portland area.
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Inside Disney’s Succession Struggle and Bob Iger’s Return to Power
The inside story of how Bob Iger undermined and outmaneuvered Bob Chapek, his chosen successor, and returned to power at Disney.
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Starliner Capsule Returns, but Boeing’s Space Business Woes Remain
The capsule, which returned without astronauts, and other space programs at Boeing have suffered many delays and cost overruns.
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What to know about the latest report.
Ahead of a key Federal Reserve meeting to set interest rates, employers added 142,000 jobs in August and the unemployment rate was 4.2 percent.
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For the Fed, a Sign That the Job Market Is Cooling but Not Imploding
Fed officials have been watching the job market as they move toward a rate cut this month. Friday’s report contained good and bad news.