In a shrinking business, actors on some shows are being guaranteed less money, an issue that’s helping to fuel the Hollywood strike.
Category: Labor and Jobs
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Russia’s Wartime Spending Raises Fears of an Economic Bubble
The economic strength has helped to maintain popular support for Vladimir Putin’s war, but some have warned the state-led spending is threatening the country’s financial stability.
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When Executive Training Is Like Military Boot Camp
Work is war — or it can feel that way to certain executives. To meet the moment, they’re getting in a cockpit.
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The Robots We Were Afraid of Are Already Here
The long-anticipated automation revolution has begun. Robots are ready to operate forklifts and do laundry. It’s not as scary as it sounds.
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Wage Growth Slowed in Second Quarter, a Sign the Economy is Cooling
Pay and benefits increased 1 percent, down from 1.2 percent in the first three months of the year. The cooling will be welcomed by policymakers who have been worried that rapidly rising wages could make it harder to get inflation under control.
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Jobs Sit Empty in the Public Sector, So Unions Help Recruit
Shortages of state and city personnel, especially those who must work on site, are so dire that unions are helping to get people in the door.
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The Looming Crisis in the Bridal Industry? Not Enough Seamstresses.
The skilled professionals who work on wedding dress alterations play a crucial role for brides, but their numbers are dwindling.
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Fed Raises Rates After a Pause and Leaves Door Open to More
Federal Reserve officials lifted borrowing costs by a quarter-point after pausing in June. They could rise more, but the central bank is not ready to commit.
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UPS Reaches Contract Deal With Teamsters to Head Off Strike
United Parcel Service faced a potential walkout by more than 325,000 union members when their five-year contract expired next week.
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Flood of Workers Has Made the Fed’s Job Less Painful. Can It Persist?
Federal Reserve officials thought job gains would taper off more, but they’ve remained strong. An improving supply of workers has been crucial.
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UPS Contract Talks Go Down to the Wire as a Possible Strike Looms
With the Teamsters contract set to expire Aug. 1, pay for part-time workers is a major hurdle. A walkout could rattle the U.S. economy.