Wage growth and hiring slowed in April, prodding investors to slightly increase their bets on rate cuts this year.
Category: Wages and Salaries
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U.S. Employers Added 175,000 Jobs in April
A less torrid expansion in the job market isn’t necessarily bad news, given that layoffs have remained low and most sectors appear stable.
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The Fed Is Eyeing the Job Market, but It’s Difficult to Read
Fed officials are watching labor trends as they contemplate when to cut rates. But different measures are telling different stories.
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North Carolina Triad Tries to Reinvent Its Economy
North Carolina’s Triad was built on tobacco, textiles and furniture. Now it’s trying to forge a new economy from more highly skilled manufacturing.
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Daimler Truck Workers Reach Deal and Avert Threatened Strike in North Carolina
The United Automobile Workers reached an agreement involving workers who make Freightliner trucks and Thomas Built buses. The deal comes as the union seeks to expand in Southern states.
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With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.
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What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.
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FTC Bans Worker Noncompete Clauses
The rule would prohibit companies from limiting their employees’ ability to work for rivals, a change that could increase competition and boost wages.
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David Zaslav Receives $50 Million for Leading Struggling Warner Bros. Discovery
The chief executive’s 2023 pay package rose 26 percent from the year before, while the company’s losses totaled $3 billion.
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VW Workers in Tennessee Start Vote on U.A.W., Testing Union Ambitions
The United Automobile Workers hopes contract gains at the Big Three carmakers will provide momentum in a broad effort to organize nonunion plants.
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Guarding Royal Families for $1,000 a Day: Inside Executive Protection Jobs
How three women trained to work in jobs protecting prominent families and ultra-high-net-worth individuals.