Economists forecast that a revision to payrolls data could undercut a robust picture of the labor market, further pressuring the Federal Reserve to cut rates.
Category: Labor and Jobs
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Judge Blocks F.T.C.’s Noncompete Rule
The Federal Trade Commission was deemed to lack the authority to bar companies from restricting their employees’ ability to go to work for rivals.
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Americans Growing Worried About Losing Their Jobs, Labor Survey Shows
The New York Fed’s labor market survey showed cracks just as Jerome H. Powell, the Fed chair, prepares for a closely watched Friday speech.
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Acres of Solar Panels Are Replacing One of the Nation’s Largest Coal Plants
One of the nation’s largest coal-fueled electric plants is being replaced with thousands of acres of solar panels and a test of long-duration batteries.
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In South Korea, Documenting a Divide Over Work-Life Balance
The reporter Jin Yu Young wrote about companies that have pushed their managers to work longer hours, a move that has not gone over well with some young people in the country.
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U.K. Economy Buoyed by Reports on Growth, Inflation and Jobs
After ending last year in a recession, Britain’s economy has so far bounced back this year.
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Cooling inflation ‘ticks the box’ for a Fed rate cut.
Federal Reserve policymakers are expected to cut interest rates at their meeting next month, but policymakers will be watching fresh inflation data ahead of the decision.
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Transfers and Pay Cuts: Pregnant Officers Accuse Border Agency of Discrimination
Under a $45 million settlement, Customs and Border Protection agreed to adjust its policy around pregnancy. Some women say the agency has instilled a culture of shame and perpetuated a fear of retaliation.
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Paramount Lays Off 15 Percent of U.S. Employees
The company is cutting staff ahead of its merger next year with the Hollywood studio Skydance.
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Los Angeles 2028 Olympic Games Planners See Economic Upside
The 2028 Games will be the third for Los Angeles as host, but it will be a challenge to repeat the success of 1984.
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A Place Where It Snows All Summer
At a factory in western New York, the holiday décor brand Buffalo Snow has been manufacturing blizzards for almost 40 years.