Labor economy

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on Tuesday, Feb. 26, 2019 in Washington. (AP Photo/Kevin Wolf)
February 26, 2019 - 11:48 am
WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell's testimony to Congress (all times local): ___ 12:15 p.m. Federal Reserve Chairman Jerome Powell wraps up more than two hours of Senate testimony by giving a broader definition of what the Fed means when it says it will be "...
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February 24, 2019 - 11:52 pm
WASHINGTON (AP) — President Donald Trump is spreading tall tales about election fraud. Asked about ballot malfeasance involving a Republican in North Carolina, the president insisted he condemns voter fraud "of any kind, whether it's Democrat or Republican" and pointed to a "million fraudulent...
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President Donald Trump with first lady Melania Trump, left, Vice President Mike Pence, right, and his wife Karen Pence, speaks during a National African American History Month reception in the East Room of the White House in Washington, Thursday, Feb. 21, 2019. (AP Photo/Manuel Balce Ceneta)
February 21, 2019 - 9:04 pm
WASHINGTON (AP) — President Donald Trump is pledging to expand opportunity for Americans of every race, religion and creed as he commemorates Black History Month. Speaking to hundreds Thursday at a White House reception, Trump boasted about the economy and said the unemployment rate for African-...
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FILE- In this Feb. 5, 2019, file photo lights illuminate the U.S. Capitol dome in Washington. On Thursday, Feb. 21, the Labor Department reports on the number of people who applied for unemployment benefits last week. (AP Photo/Manuel Balce Ceneta, File)
February 21, 2019 - 7:38 am
WASHINGTON (AP) — Fewer Americans sought unemployment benefits last week, a sign that layoffs declined and hiring is likely strong. The Labor Department said weekly applications for unemployment benefits fell 23,000 to a seasonally adjusted 216,000, a very low level by historical standards. The...
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Brazil's President Jair Bolsonaro, center, arrives at the National Congress to deliver a proposal to overhaul Brazil's pension system, in Brasilia, Brazil, Wednesday, Feb. 20, 2019. Lawmakers received this week an anti-crime bill and a proposal to overhaul Brazil's pension system, the government's flagship reform. (AP Photo/Lucio Tavora)
February 20, 2019 - 3:49 pm
RIO DE JANEIRO (AP) — President Jair Bolsonaro on Wednesday proposed making Brazilians work longer before they can receive a pension, a signature campaign promise aimed at rescuing a troubled retirement system and giving a boost to Latin America's largest economy. Bolsonaro gave House Speaker...
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Honda's President and CEO Takahiro Hachigo speaks during a press conference in Tokyo Tuesday, Feb. 19, 2019. Honda Motor Co. plans to close its car factory in western England in 2021, the company said Tuesday, in a fresh blow to the British economy as it faces its March 29 exit from the European Union. (Yuya Shino/Kyodo News via AP)
February 19, 2019 - 7:04 am
TOKYO (AP) — Japanese carmaker Honda plans to close its car factory in western England in 2021, a fresh blow to the British economy as it struggles with the uncertainty associated with leaving the European Union next month. The company announced the decision, which will imperil 3,500 jobs and...
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FILE - This Thursday, Feb. 14, 2019 file photo shows the Honda logo on a 2019 Honda Civic on display at the 2019 Pittsburgh International Auto Show in Pittsburgh. Britain’s Sky News says Honda is to close a car factory in western England with the potential loss of 3,500 jobs. The broadcaster says the Japanese carmaker will announce Tuesday, Feb. 19 that the Swindon plant, where Honda makes its Civic model, will close in 2022. Honda said Monday that it could not comment “at this stage.” (AP Photo/Gene J. Puskar, file)
February 18, 2019 - 10:07 am
LONDON (AP) — Honda will close a car factory in western England with the potential loss of 3,500 jobs, British media and a local lawmaker said Monday, in another blow to a British economy made jittery by Brexit. Sky News said the Japanese carmaker is to announce Tuesday that the Swindon plant will...
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FILE- In this Nov. 7, 2018, file photo a couple walks along Four Freedoms State Park on Roosevelt Island in the Queens borough of New York. Beyond is the Long Island City skyline. According to experts analyzing the e-commerce giant's sudden cancellation of plans to build a massive headquarters in New York City, Amazon's decision to walk away could scare off other tech companies considering moving to or expanding in the city. (AP Photo/Mark Lennihan, File)
February 15, 2019 - 4:42 am
NEW YORK (AP) — Amazon jilted New York City on Valentine's Day, scrapping plans to build a massive headquarters campus in Queens amid fierce opposition from politicians angry about nearly $3 billion in tax breaks and the company's anti-union stance. With millions of jobs and a bustling economy, New...
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In this Feb. 9, 2019, photo, invitees listen during an orientation for volunteers for the Tokyo 2020 Olympics and Paralympics in Tokyo. Unpaid Olympic volunteers do almost everything: guide athletes around, greet dignitaries, and translate for lost fans. IOC officials acknowledge the games couldn’t be held without them; invariably smiling, helpful and praised by presidents, prime ministers, and monarchs. That’s the case at next year’s Tokyo Olympics and Paralympics where about 80,000 will be needed. Just over 200,000 have applied with orientation and interviews for Japan residents starting this month. (Mizuki Ikari/Kyodo News via AP)
February 15, 2019 - 1:44 am
TOKYO (AP) — Unpaid Olympic volunteers do almost everything: guide athletes around, greet dignitaries and translate for lost fans. IOC officials acknowledge the games couldn't be held without them; invariably smiling, helpful and praised by presidents, prime ministers and monarchs. The billion-...
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Illinois state Rep. Will Guzzardi, D-Chicago, testifies before the Labor and Commerce Committee Wednesday, Feb. 13, 2019 on his proposal to increase the minimum wage to $15 by 2025. (AP Photo/John O'Connor )
February 14, 2019 - 6:54 pm
SPRINGFIELD, Ill. (AP) — Illinois legislators moved quickly Thursday to deliver one of new Democratic Gov. J.B. Pritzker's top campaign promises, a gradual hike in the statewide minimum wage from $8.25 to $15 an hour — more than double the pay floor that most of its Midwestern neighbors require...
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