Labor economy

In this Sept. 17, 2019, photo job seekers line up to speak to recruiters during an Amazon job fair in Dallas. On Friday, Oct. 4, the U.S. government issues the September jobs report. (AP Photo/LM Otero)
October 04, 2019 - 7:38 am
WASHINGTON (AP) — U.S. employers added a modest 136,000 jobs in September, enough to help lower the unemployment rate to a new five-decade low of 3.5%. Hiring has slowed this year as the U.S.-China trade war has intensified, global growth has slowed and businesses have cut back on their investment...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Oct. 4, 2019. Asian stocks were mixed Friday after Wall Street rebounded on investor hopes for a U.S. interest rate cut. (AP Photo/Ahn Young-joon)
October 04, 2019 - 6:39 am
BEIJING (AP) — World shares were mixed Friday as investors turn their attention to the monthly U.S. jobs report after a series of gloomy economic news dampened investors’ outlook this week. London and Frankfurt opened higher and Tokyo rose, while Hong Kong declined. Chinese markets were closed for...
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People wait near the front of a line hundreds of people long for government distributed food and school supplies to some residents of the Cite Soleil slum, in Port-au-Prince, Haiti, Thursday, Oct. 3, 2019. The administration of President Jovenel Moise tried to alleviate Haiti’s economic crunch on Thursday by distributing plates of rice and beans, sacks of rice, and school backpacks filled with four notebooks and two pens. (AP Photo/Rebecca Blackwell)
October 03, 2019 - 3:25 pm
PORT-AU-PRINCE, Haiti (AP) — Marcel Cineus scanned the crowd for hints of a potential customer as people bustled past his wooden stall filled with hundreds of textbooks in the hills of Port-au-Prince. School was supposed to start in early September, and Cineus by now would have sold a couple...
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FILE - In this Sept. 18, 2019, file photo stock prices are displayed at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Oct. 1. (AP Photo/Mark Lennihan, File)
October 01, 2019 - 1:53 pm
NEW YORK (AP) — U.S. stocks sank to their worst loss in five weeks on Tuesday after a surprisingly limp report on the nation's manufacturing stirred worries about the economy's strength. The report showed that manufacturing weakened in September for the second straight month as President Donald...
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A man walks past the Reserve Bank of Australia in Sydney, Tuesday, Oct. 1, 2019. Australia's central bank cut its benchmark interest rate by a quarter of a percentage point for the third time since June to a new record low of 0.75%, seeking to boost a flagging economy. (AP Photo/Rick Rycroft)
October 01, 2019 - 1:34 am
CANBERRA, Australia (AP) — Australia's central bank on Tuesday cut its benchmark interest rate by a quarter of a percentage point for the third time since June to a new record low of 0.75%, seeking to boost a flagging economy. The cut follows reductions at the Reserve Bank of Australia board's...
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FILE - In this Sept. 6, 2019, file photo passengers board a ferry that departs from Port Everglades in Fort Lauderdale, Fla. On Thursday, Sept. 26, the Commerce Department issues the third and final estimate of how the U.S. economy performed in the April-June quarter. (AP Photo/Brynn Anderson, File)
September 26, 2019 - 8:05 am
WASHINGTON (AP) — The U.S. economy grew at a modest 2% annual rate in the second quarter, a pace sharply lower than the 3%-plus growth rates seen over the past year. Many analysts believe growth will slow further in coming quarters as global weakness and rising trade tensions exert a toll. The...
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In this Aug. 8, 2018, photo an employee works at a McDonald's restaurant in Chicago. The Trump administration has issued a rule that will make overtime pay available to 1.3 million additional workers, though the proposal replaces a more generous one advanced by former President Barack Obama. The Labor Department said Tuesday, Sept. 24, 20119, that it is raising the salary level that companies will have to pay to exempt workers from overtime to $35,308 a year, up from $23,660. (AP Photo/Nam Y. Huh, File)
September 24, 2019 - 3:13 pm
WASHINGTON (AP) — The Trump administration has issued a rule that will make overtime pay available to 1.3 million additional workers, though the proposal replaces a more generous one advanced by former President Barack Obama. The Labor Department said Tuesday that it is raising the salary level...
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FILE - In this July 28, 2019, file photo unsold 2019 Lincoln Navigators sit at a dealership in Englewood, Colo. On Tuesday, Sept. 24, the Conference Board releases its September index on U.S. consumer confidence. (AP Photo/David Zalubowski, File)
September 24, 2019 - 10:42 am
WASHINGTON (AP) — Consumer confidence fell sharply in September, a likely indication that growing economic uncertainties are taking a toll on American households. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 125.1 in September from a...
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British Foreign Office personnel stand by the entrance to Thomas Cook check-in desks in Gatwick Airport, England Monday, Sept. 23, 2019. British tour company Thomas Cook collapsed early Monday after failing to secure emergency funding, leaving tens of thousands of vacationers stranded abroad. (AP Photo/Alastair Grant)
September 23, 2019 - 12:03 pm
LONDON (AP) — The Latest on the collapse of British tour company Thomas Cook (all times local): 6 p.m. Prime Minister Boris Johnson says a "huge effort" is underway to bring home British tourists and passengers stranded by the sudden financial collapse of travel company Thomas Cook. He adds Monday...
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White Lake resident D.J. Calma of White Lake, second from left and has worked for General Motors in four different plants in 12 years, chants in unison "No contract! No work!" as they circle at one of the Flint Assembly Plant entrance, blocking through traffic during the fourth day of the national UAW strike against GM on Thursday, Sept. 19, 2019 in Flint. The United Auto Workers union and its roughly 49,000 members at GM plants in the U.S. have been on strike since Monday, Sept. 16 because contract negotiations with the automaker had broken down. It's the first national UAW strike since 2007, when GM workers were out for two days. (Jake May/The Flint Journal via AP)
September 22, 2019 - 3:49 am
LANSING, Mich. (AP) — Democrats were quick to back working-class United Auto Workers in their strike against General Motors, delivering doughnuts and holding picket signs outside factories to show solidarity. It's a union they long have aligned with politically. There were no doughnuts from...
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