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Search results for: “Great Recession”
Yellen: Fed should commit to future 'booms' to make up for major busts
14/09/2018 Comments Off on Yellen: Fed should commit to future 'booms' to make up for major bustsThe U.S. Federal Reserve should commit to letting economic booms run on enough to fully offset collapses like the 2007 to 2009 Great Recession, former Fed chair Janet Yellen said on Friday, urging the central bank to make “lower-for-longer” its official motto for interest rates following serious downturns.
Continue reading …Yellen: Fed should commit to future 'booms' to make up for major busts
14/09/2018 Comments Off on Yellen: Fed should commit to future 'booms' to make up for major bustsThe U.S. Federal Reserve should commit to letting economic booms run on enough to fully offset collapses like the 2007 to 2009 Great Recession, former Fed chair Janet Yellen said on Friday, urging the central bank to make “lower-for-longer” its official motto for interest rates following serious downturns.
Continue reading …If You Can’t Boost Wages, Try Better Benefits
09/09/2018 Comments Off on If You Can’t Boost Wages, Try Better BenefitsEmployees clearly need their companies to explain—despite all the recent good news about the economy—why their wages have remained relatively stagnant seven years after the end of the Great Recession. If they don’t get those explanations, or higher pay, HR experts say, they may soon be gone.
Continue reading …Four in 10 U.S. Workers Think They Are Underpaid
28/08/2018 Comments Off on Four in 10 U.S. Workers Think They Are UnderpaidForty-three percent of U.S. workers think they are underpaid — the same as eight years ago, when the nation was just climbing out of the Great Recession.
Continue reading …Construction Jobs on the Rise, Despite Chronic Labor Shortage
06/03/2017 Comments Off on Construction Jobs on the Rise, Despite Chronic Labor Shortage
Construction employment in January 2017 hit its highest level since the Great Recession, though the industry continues to suffer from a severe labor shortage, lack of projects and a growing skills gap.
Continue reading …A Gallup study of U.S. growth and productivity finds no economic recovery. The Great Recession may be over, but America is running on empty.
Continue reading …The decline of job creation at new establishments
01/06/2023 Comments Off on The decline of job creation at new establishments
By Haley Klundt and Kevin Cooksey “Creative destruction” is often said to be one of the main drivers of economic growth.1 New businesses, innovative ideas, and modern technology replace outdated processes and production to support healthy economic systems. Similarly, the creation and destruction of businesses and jobs provided by those businesses facilitate robust and resilient […]
Continue reading …Wall Street courts, then skirts, disaster as Evergrande bonds loom large
24/09/2021 Comments Off on Wall Street courts, then skirts, disaster as Evergrande bonds loom large
MANHATTAN (CN) — A rollercoaster of gains and losses rollicked Wall Street this week in an unexpected echo of the wild swings of early 2020, when the Covid-19 pandemic first struck. It began Monday with the Dow Jones Industrial Average falling 614 points — which was an improvement from the point that day when it […]
Continue reading …American wage and job growth to chill this fall, warm by year-end
20/09/2021 Comments Off on American wage and job growth to chill this fall, warm by year-end
American wage growth in 2021 has been the most robust in 20 years, spurred by economic reopening as workers get vaccinated, according to economic research group The Conference Board. But that may be about to change. That spurt of American wage growth may be about slow despite continued labor shortages in some businesses and the […]
Continue reading …California adds nearly 50% of new US jobs in August
17/09/2021 Comments Off on California adds nearly 50% of new US jobs in AugustSACRAMENTO, Calif. (CN) — California’s unemployment rate remains stubbornly high at 7.5% but its months-long hiring spree continues as the state accounted for nearly half of the nation’s new jobs in August. Buoyed by big gains in the government and leisure and hospitality sectors, California employers added 104,000 new jobs —more than any state — […]
Continue reading …- Celebrating the Resilience of Low-Income Women
- CEOs Get to Retire Comfortably. Workers Like Me Deserve the Same.
- Jobs Increased 339,000 In May, Unemployment Up 0.3% To 3.7%
- The decline of job creation at new establishments
- Contractor faces 2 serious citations after US Department of Labor finds safety failures led to welder’s death at Bonner Bridge demolition project
- Investigation into worker’s severe arm injury finds Cusseta auto parts manufacturer, supplier willfully ignored safety precautions
- ‘It’s a sweat factory’: Instacart workers ready to strike for pay and conditions
- Ships backed up outside US ports pumping out pollutants as they idle
- Privacy fears as Moscow metro rolls out facial recognition pay system
- ‘We are not machines’: Hollywood workers poised to strike for better conditions
- Boeing pilot indicted for allegedly deceiving US regulators over 737 Max
- Ipswich apprentice butcher encourages others to consider industry
- Ipswich apprentice butcher encourages others to consider industry
- Over 10,000 John Deere workers strike over ‘years’ of poor treatment
- Corporations are pledging to be ‘water positive’. What does that mean?
- US Department of Labor investigation of crane collapse, double fatality on Interstate 10 finds Lufkin company failed to assemble crane properly
- For the 6th time in 7 years, federal inspectors find Illinois contractor putting construction workers at risk of industry’s deadliest hazard
- US Department of Labor proposes $83K in fines to healthcare facility for failing to protect workers from coronavirus hazards
- Facebook says it will do more to prevent online hate, harassment
- As U.S. prepares to reopen border, some urge Canada to relax testing requirement
- Biden orders companies to ease supply chain bottlenecks or he’ll ‘call them out’
- What is the ‘new model’ the EU is proposing for Northern Ireland?
- Apple to make 10 million fewer iPhones due to microchip shortage
- US Department of Labor, Mexican Consulate in Boston enter alliance to promote workplace safety, health among New England’s workers
- US Department of Labor sues Austin luxury car dealer that retaliated against employee who raised concerns of coronavirus hazards
- Vaccine hesitant New Yorkers consider leaving the city as mandates take effect
- Carbon emissions ‘will drop just 40% by 2050 with countries’ current pledges’
- House passes bill to raise US debt ceiling through early December
- ‘The stakes couldn’t be higher’: GE urged to invest in green US jobs
- Zellers returns — kind of — but the lowest price isn't quite the law
- Cement makers across world pledge large cut in emissions by 2030
- India faces electricity crisis as coal supplies run critically low
- California justice department to investigate enormous oil spill