Category: Wages and Salaries

US Employers Added 223,000 jobs in December

The New York Times – Business:
The Federal Reserve’s moves to cool the economy with higher interest rates seem to be taking gentle hold. Wage growth lost momentum.
U.S. employers added 223,000 jobs in December.

The New York Times – Business:
Forecasters estimate that employers added 200,000 jobs in December, a robust number though a bit below the average in recent months.
Even a Soft Landing for the Economy May Be Uneven

The New York Times – Business:
Small businesses and lower-income families could feel pinched in the months ahead whether or not a recession is avoided this year.
U.S. Moves to Bar Noncompete Agreements in Labor Contracts

The New York Times – Business:
A sweeping proposal by the Federal Trade Commission would block companies from limiting their employees’ ability to work for a rival.
Fed Officials Fretted That Markets Would Misread Rate Slowdown

The New York Times – Business:
Central bankers remained committed to wrestling inflation lower, and wanted to make sure investors understood that message, minutes from its December meeting showed.
U.K. Rail Strike May Scuttle Post-Holiday Plans to Return to Work

The New York Times – Business:
Public sympathy for striking nurses and other health workers is particularly strong, posing a challenge for Prime Minister Rishi Sunak, who has promised to confront trade unions.
Why China’s Economy Faces a Perilous Road to Recovery

The New York Times – Business:
Years of lockdowns took a brutal toll on businesses. Now, the rapid spread of Covid after a chaotic reopening has deprived them of workers and customers.
France Desperately Needs Workers, but the Fixes Could Anger Left and Right

The New York Times – Business:
Legalization of undocumented workers and pared-down unemployment benefits are part of the government’s plan to fill hundreds of thousands of jobs.
It’s Boom Times for Santa

The New York Times – Business:
Like other in-person workers, Santa took a hit the first two years of the pandemic. But he’s back in a big way.
U.K. Braces Amid Largest Walkout by Ambulance Workers in Decades

The New York Times – Business:
The industrial action, seeking higher pay and better working conditions, was driven by a cost-of-living crisis and coincides with strikes by rail workers, nurses and others.
Why It’s Hard to Predict What the Economy Will Look Like in 2023

The New York Times – Business:
Years into the pandemic, it is still difficult to get a handle on what comes next for the economy by looking at examples from the past.
Drinking at Work Events and More Questions Answered by Roxane Gay

The New York Times – Fashion & Style:
“Don’t get too drunk at work” is a good rule. Don’t let co-workers convince you to break it.