After a blockbuster opening to the year, economists expect the February data to show the return of a gradual slowdown in hiring.
Category: Wages and Salaries
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Fed Chair Opens Door to Faster Rate Moves and a Higher Peak
In light of recent strong data, Jerome H. Powell said that the Federal Reserve is likely to raise rates higher than expected.
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You’re Now a ‘Manager.’ Forget About Overtime Pay.
New evidence shows that many employers are mislabeling rank-and-file workers as managers to avoid paying them overtime.
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Alabama Mining Strike Ends Without a Deal After Nearly Two Years
The strike at the Warrior Met Coal mine was one of the longest in U.S. history, but the price of coal soared during the walkout, giving the company leverage.
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Delta Pilots Approve Contract Raising Pay by 34%
The agreement could affect ongoing negotiations between pilots’ unions and other large airlines.
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How Health Insurance Works in China, and How It’s Changing
China is undertaking a far-reaching overhaul of its health care system as its cities reel from the financial pressure of three years of strict Covid policies.
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Trial Run of 4-Day Workweek Wins Converts
Of 61 British companies that participated in a pilot program, 56 said they would continue. Both employers and employees reported benefits.
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Unionized HarperCollins Employees Are Back to Work After a 3-Month Strike
The return, after an agreement that brought a raise in pay for the lowest earners at the publisher, represented a victory to many of the more than 250 workers involved.
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Canada’s Women Pick Up Equal Pay Fight Ahead of Game With U.S.
Canada’s team, a Women’s World Cup favorite, went on strike last week as its battle with the country’s soccer federation boiled over.
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Inflation Cooled Just Slightly, With Worrying Details
Consumer Price Index inflation has been slowing compared with a year ago, but evidence is mounting that it could be a long road back to normal.
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Inflation cooled annually, but the details are more worrying.
Consumer Price Index inflation has been slowing compared with a year ago, but the monthly figure picked back up in January.
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What Layoffs? Top Wall Street Traders Score Giant Paydays
Some large hedge funds that profited off the recent market volatility are wooing traders with tens of millions of dollars in guaranteed payouts.
