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Labor economy

Australia’s budget is expected to target housing affordability crisis

by Ron Morgan
Australia’s budget is expected to target housing affordability crisis

An aerial photograph of houses and apartments on coastline in North Bondi, Sydney, Australia. Recent reports indicate that Australian home prices are set to continue their upward trend, driven by …

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10-year Treasury yield little changed after jobs data Friday

by Ron Morgan
10-year Treasury yield little changed after jobs data Friday

U.S. Treasury yields were little changed Monday after falling sharply on Friday in reaction to the April jobs report showing weaker-than-expected payrolls growth. The yield on the 10-year Treasury was …

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Senator takes aim at Amazon’s labor practices with federal quota bill

by Edgar Davis
Senator takes aim at Amazon’s labor practices with federal quota bill

Democratic Sen. Ed Markey, D-Mass., on Thursday introduced new legislation to regulate the use of productivity quotas by warehouse employers such as Amazon, a tool critics have said encourages employees …

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Immigrant workers are helping boost the U.S. labor market

by Anas Siddiqui
Immigrant workers are helping boost the U.S. labor market

The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age out of the labor force and birth rates remain low, …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work on the floor at the New York Stock Exchange. Brendan Mcdermid | Reuters Stocks jumped sharply Friday after a softer-than-expected April jobs report boosted hopes that the Federal …

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Here’s what to expect from the April jobs report on Friday

by Walter Watson
Here’s what to expect from the April jobs report on Friday

A jobseeker takes a flyer at a job fair at Brunswick Community College in Bolivia, North Carolina, on April 11, 2024. Allison Joyce | Bloomberg | Getty Images Hiring likely …

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Biden blames China, Japan and India’s economic woes on ‘xenophobia’

by Walter Watson
Biden blames China, Japan and India’s economic woes on ‘xenophobia’

President Joe Biden said on Wednesday that “xenophobia” from China to Japan and India is hobbling their growth, as he argued that migration has been good for the U.S. economy. …

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ADP jobs report April 2024: 192,000 jobs added

by Ron Morgan
ADP jobs report April 2024: 192,000 jobs added

Private payrolls increased at a faster-than-expected pace in April, indicating there are still plenty of tail winds for the U.S. labor market, according to ADP. The payrolls processing firm reported …

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Ford University dealer training on EVs uses AI, gamification

by Horatio Thompson
Ford University dealer training on EVs uses AI, gamification

Ford Mustang on display at the NY Auto Show, April 6, 2023. Scott Mlyn | CNBC DEARBORN, Mich. — Ford Motor is launching a new training program for more than …

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Companies from McDonald’s to 3M warn inflation is squeezing consumers

by Walter Watson
Companies from McDonald’s to 3M warn inflation is squeezing consumers

McDonald’s employee giving change to a customer. Jeffrey Greenberg | UIG | Getty Images Some of America’s best-known corporations are saying their consumers are being pinched by inflation as prices …

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