Labor economy

The new President of the European Central Bank Christine Lagarde adds her signature to an oversize euro banknote at the ECB in Frankfurt, Germany, Wednesday, Nov. 27, 2019. (AP Photo/Michael Probst)
November 29, 2019 - 4:50 am
LONDON (AP) — Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain’s departure from the European Union. The European Union’s statistics agency...
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FILE - In this Oct. 19, 2019, file photo Eldon Sylvester harvest soybeans in his field near Wamego, Kan. On Wednesday, Nov. 27, the Commerce Department issues the second estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Charlie Riedel, File)
November 27, 2019 - 12:08 pm
WASHINGTON (AP) — A series of government reports Wednesday cast a picture of a steadily growing U.S. economy, fueled by solid consumer spending and defying threats — at least for now — from a U.S.-China trade war and a global slowdown. The Commerce Department estimated that the economy grew at a...
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Federal Reserve Board Chair Jerome Powell addresses a round table discussion during a visit to Silver Lane Elementary School, in East Hartford, Conn., Monday, Nov. 25, 2019. Powell and Federal Reserve Bank of Boston President Eric Rosengren toured a working-class neighborhood in East Hartford and met with residents to get a closer look at their challenges. (AP Photo/Steven Senne)
November 25, 2019 - 6:21 pm
Federal Reserve Chairman Jerome Powell is sketching an optimistic view of the economy but signaling that continued low inflation means higher interest rates won’t likely be necessary anytime soon. Powell says that even with unemployment near a 50-year low of 3.6%, there’s still “plenty of room” for...
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In this picture taken Friday, Aug. 17, 2012, Italy's largest steel plant is seen in Taranto, Italy. Italian Premier Giuseppe Conte says steelmaker ArcelorMittal has agreed to try for a negotiated solution over the fate of a southern Italian steel plant. Conte and his economy and economic development ministers held four-hour talks ending Friday before midnight with ArcelorMittal’s top executives. Union leaders on Saturday insisted that any deal must exclude layoffs. (AP Photo/Paola Barisani)
November 23, 2019 - 8:43 am
ROME (AP) — Italy’s leader said that steelmaker ArcelorMittal has agreed to try for a negotiated solution over the fate of a southern plant that is one of Europe’s largest steel producers, while union leaders on Saturday clamored for authorities to protect the thousands of jobs at stake. Premier...
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FILE - This May 16, 2014, file photo, shows the General Motors logo at the company's world headquarters in Detroit. General Motors is suing Fiat Chrysler, alleging that its crosstown rival got an unfair business advantage by bribing officials of the United Auto Workers union. The lawsuit, filed Wednesday, Nov. 20, 2019, in U.S. District Court in Detroit, alleges that FCA was involved in racketeering by paying millions in bribes to get concessions and gain advantages in three labor agreements with the union. (AP Photo/Paul Sancya, File)
November 21, 2019 - 4:45 pm
DETROIT (AP) — Automakers sue each other on occasion, but no one in Detroit can remember one accusing another of bribing union officials to get an unfair labor cost advantage. Yet that’s what happened Wednesday when General Motors filed a federal racketeering lawsuit against Fiat Chrysler...
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FILE - This May 16, 2014, file photo, shows the General Motors logo at the company's world headquarters in Detroit. General Motors is suing Fiat Chrysler, alleging that its crosstown rival got an unfair business advantage by bribing officials of the United Auto Workers union. The lawsuit, filed Wednesday, Nov. 20, 2019, in U.S. District Court in Detroit, alleges that FCA was involved in racketeering by paying millions in bribes to get concessions and gain advantages in three labor agreements with the union. (AP Photo/Paul Sancya, File)
November 20, 2019 - 7:57 pm
DETROIT (AP) — United Auto Workers President Gary Jones abruptly resigned Wednesday, capping a tumultuous day that saw union leaders move to oust him, and General Motors accusing rival Fiat Chrysler in a lawsuit of bribing union officials to get more favorable contract terms from the UAW. Jones has...
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File-This July 31, 2019 file photo shows the Federal Reserve Building in Washington. The Federal Reserve says corporate debt remains at historically high levels but overall the U.S. financial system is resilient, a view in sharp contrast to the problems that led to the 2008 financial crisis. (AP Photo/Patrick Semansky, File)
November 20, 2019 - 2:50 pm
WASHINGTON (AP) — Most Federal Reserve officials believed last month that the three rate cuts they have made this year would be enough unless the economy weakened significantly. The minutes of the October Fed meeting, released Wednesday, reveal that “most participants” thought that this year’s rate...
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FILE - In this Oct. 31, 2019 file photo, a Fiat logo is pictured on a car in Bayonne, southwestern France. The United Auto Workers union has begun to focus bargaining on Fiat Chrysler, raising the possibility of another strike against a Detroit automaker. (AP Photo/Bob Edme, File)
November 18, 2019 - 1:46 pm
DETROIT (AP) — The United Auto Workers union on Monday turned its bargaining focus to Fiat Chrysler, raising the possibility of another strike against a Detroit automaker. Ford workers ratified their contract Friday night, while the union settled with General Motors last month after a 40-day strike...
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FILE - In this Friday, Aug. 16, 2019 file photo, the logo for Uber appears above a trading post on the floor of the New York Stock Exchange. New Jersey is seeking more than $640 million from Uber in taxes and penalties, saying the ride-hailing company misclassified its drivers as independent contractors. The decision by New Jersey’s labor department is the latest in a string of developments as governments around the country grapple with how to classify workers in the so-called gig economy. (AP Photo/Richard Drew, file)
November 14, 2019 - 4:22 pm
TRENTON, N.J. (AP) — New Jersey is seeking more than $640 million from Uber in taxes and penalties, saying the ride-hailing company misclassified its drivers as independent contractors. The decision is the latest setback for Uber and other companies in the so-called “gig economy” that rely heavily...
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Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, Wednesday, Oct. 30, 2019. The Federal Reserve cut rates for the third time this year. (AP Photo/Susan Walsh)
November 13, 2019 - 10:47 am
WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell’s testimony before the Joint Economic Committee about the outlook for the U.S. economy (all times local): 11:45 a.m. Federal Reserve Chairman Jerome Powell says that the unemployment rate, already near a 50-year low, could drop...
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