Labor economy

In this July 17, 2019 photo, Mike Wilson, who runs Curveball Sportscards and Collectibles at the SVRC Marketplace in downtown Saginaw, Michigan works in his store. He supports President Donald Trump and credits him for a good economy. Economic conditions in Michigan could be crucial in determining whether Democrats retake a state they once held for decades (AP Photo/Sara Burnett)
July 29, 2019 - 6:16 am
SAGINAW, Mich. (AP) — A bright mural welcomes people to downtown Saginaw, where a new indoor market opened along the riverfront last year — part of the city's decades-long effort to reinvent itself after the auto industry started leaving. Inside the market, vendors sell falafel, fresh-baked pies...
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Supporters of the Thirty Meter Telescope, gather for a rally outside the Hawaii State Capitol in Honolulu on Thursday, July 25, 2019. Supporters said the giant telescope planned for Hawaii's tallest mountain will enhance humanity's knowledge of the universe and bring quality, high-paying jobs, as protesters blocked construction for a second week. (AP Photo/Audrey McAvoy)
July 26, 2019 - 6:27 pm
HONOLULU (AP) — A giant telescope planned for Hawaii's tallest mountain will enhance humanity's knowledge of the universe and bring quality, high-paying jobs, supporters said as protesters blocked construction for a second week. An international consortium plans to build the $1.4 billion Thirty...
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In this July 23, 2019, photo, auto repairman Terrance Holmes is interviewed in Detroit. When Barack Obama was on the ballot in 2008 and 2012, there was no question that Holmes would vote for the first black president. But as he helped fix cars at a repair shop on Detroit's west side, he recalled his ambivalence about the 2016 campaign. He hasn't paid much attention to the early Democratic primary and didn't know that two high-profile black candidates are running. But he vowed to help vote President Donald Trump out of office in 2020, regardless of which Democrat emerges as his challenger. (AP Photo/Carlos Osorio)
July 26, 2019 - 10:03 am
DETROIT (AP) — When Barack Obama was on the ballot in 2008 and 2012, there was no question that Terrance Holmes would vote for the first black president. But as he helped fix cars this week at a repair shop on Detroit's west side, he recalled his ambivalence about the 2016 campaign. "I just didn't...
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In this Friday, July 19, 2019 photo, a for sale sign is posted in front of a home in Miami. On Tuesday, July 23, the National Association of Realtors reports on sales of existing homes in June. (AP Photo/Lynne Sladky)
July 23, 2019 - 10:08 am
WASHINGTON (AP) — U.S. home sales tumbled 1.7% in June, with rising prices and a scarce supply locking out many Americans from ownership. The National Association of Realtors said Tuesday that homes were sold last month at a seasonally adjusted annualized rate of 5.27 million units. Sales have...
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July 16, 2019 - 9:02 am
HARARE, Zimbabwe (AP) — Representatives of Zimbabwe's government workers Tuesday protested against what they called "slave salaries" as inflation almost doubled to 176%, a decade high that highlights the country's rapidly deteriorating economy. Holding placards and singing songs denouncing the...
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FILE - In this March 11, 2019 file photo, Gary Jones, president of the United Auto Workers union addresses delegates to the union's bargaining convention in Detroit. In recent years, Detroit automakers have been at relative peace with the UAW union because times have been good and profit-sharing checks have been fat. That all could change this week when talks open Monday, July 15 on new four-year contracts with the union representing 142,000 workers across the nation. Auto companies want to cut labor costs and end a gap with those at foreign-owned factories in the U.S. At bargaining convention in March, Jones told delegates that the union is raising strike pay and said the union would walk out if necessary. (AP Photo/Carlos Osorio, File)
July 15, 2019 - 11:14 am
DETROIT (AP) — Contract talks between the United Auto Workers union and Detroit's three automakers are kicking off with the union taking a far less conciliatory stance than past years. Union President Gary Jones said Monday that the companies have made record profits in recent years and members...
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Labor Secretary Alex Acosta, right, accompanied President Donald Trump, left, speaks to members of the media on the South Lawn of the White House in Washington, Friday, July 12, 2019, before Trump boards Marine One for a short trip to Andrews Air Force Base, Md. and then on to Wisconsin. Trump says Labor Secretary Alex Acosta to step down, move comes in wake of handling of Jeffrey Epstein case. (AP Photo/Andrew Harnik)
July 12, 2019 - 5:01 pm
WASHINGTON (AP) — Adding to the lengthy list of departures from President Donald Trump's Cabinet, Labor Secretary Alexander Acosta said Friday he's stepping down amid the tumult over his handling of a 2008 secret plea deal with wealthy financier Jeffrey Epstein, who is accused of sexually abusing...
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Federal Reserve Chair Jerome Powell presents the monetary policy report to the Senate Banking Committee, July 11, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 11, 2019 - 2:34 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell, testifying for a second day before Congress, said Thursday that the economy is in a "very good place" despite headwinds and that the Fed is prepared to do what it can to "keep it there." Powell's comments before the Senate Banking Committee...
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FILE - In this June 18, 2019, file photo specialist Dilip Patel works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, July 10. (AP Photo/Richard Drew, File)
July 10, 2019 - 3:49 pm
Stocks finished higher Wednesday as Wall Street welcomed new signals suggesting the Federal Reserve is ready to cut interest rates for the first time in a decade. Technology stocks drove much of the gains, nudging the Nasdaq composite to an all-time high. The benchmark S&P 500 index briefly...
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In this Monday, July 1, 2019 photo, a help wanted sign appears on a bus stop in front of a McDonald's restaurant in Miami. On Tuesday, July 9, the Labor Department reports on job openings and labor turnover for April. (AP Photo/Wilfredo Lee)
July 09, 2019 - 10:22 am
WASHINGTON (AP) — Job openings posted by U.S. employers slipped 0.7% in May, while hires that month tumbled 4.4% in a sign that the job market may be cooling slightly. The Labor Department said Tuesday that employers posted 7.3 million jobs in May. They hired 5.7 million, down from the record 6...
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