Labor economy

President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, Monday, Nov. 26, 2018, for a short trip to Andrews Air Force Base, Md., and then on to Mississippi for rallies. (AP Photo/Evan Vucci) (AP Photo/Evan Vucci)
November 26, 2018 - 11:27 pm
WASHINGTON (AP) — President Donald Trump has rejected a central conclusion of a dire report on the economic costs of climate change released by his own administration, but economists said the warning of hundreds of billions of dollars a year in global warming costs is pretty much on the money. Just...
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Members of Unifor, the union representing the workers of Oshawa's General Motors assembly plant, stand near the entrance to the plant in Oshawa, Ontario, Monday, Nov. 26, 2018. General Motors will lay off thousands of factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles. General Motors is closing the Oshawa plant. (Eduardo Lima/The Canadian Press via AP)
November 26, 2018 - 11:26 pm
DETROIT (AP) — Even though unemployment is low, the economy is growing and U.S. auto sales are near historic highs, General Motors is cutting thousands of jobs in a major restructuring aimed at generating cash to spend on innovation. It's the new reality for automakers that are faced with the...
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FILE- In this July 27, 2011, file photo, assembly worker Julaynne Trusel works on a Chevrolet Volt at the General Motors Hamtramck Assembly plant in Hamtramck, Mich. GM announced Monday, Nov. 26, 2018, that it will lay off thousands of factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles. Among the possibilities are the Detroit/Hamtramck assembly plant, which makes the Buick LaCrosse, the Chevrolet Impala and Volt, and the Cadillac CT6, all slow-selling cars. (AP Photo/Paul Sancya, File)
November 26, 2018 - 4:07 pm
DETROIT (AP) — General Motors will cut up to 14,000 workers in North America and put five plants up for possible closure as it abandons many of its car models and restructures to focus more on autonomous and electric vehicles, the automaker announced Monday. The reductions could amount to as much...
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November 19, 2018 - 6:39 am
BANGKOK (AP) — Microsoft, Google and other major technology companies have promised to help provide training in digital skills for around 20 million people in Southeast Asia by 2020 to make sure the region's burgeoning working-age population is a fit for the future job market. Up to 28 million full...
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Attorney Mark Patterson poses in his law firm's offices Thursday, Nov. 15, 2018, in Nashville, Tenn. The recent turbulence in the U.S. stock markets is spooking older workers and retirees, a group that was hit particularly hard during the most recent financial crisis. "There's a huge fear of folks my age that they're going to run out of money and they're going to need to rely on the government for help," Patterson said. (AP Photo/Mark Humphrey)
November 19, 2018 - 12:22 am
CHICAGO (AP) — The recent turbulence in the U.S. stock markets is spooking some older workers and retirees, a group that was hit particularly hard during the most recent financial crisis. There's no indication, though, that the recent volatility has brought about large-scale overhauls in retirement...
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Passers-by are reflected in an artwork based on the European Union flag, with one star missing, in the European Commissions headquarters in Brussels, Monday, Nov. 12, 2018. Britain's European Union partners on Monday ratcheted up political pressure on Prime Minister Theresa May amid signs that some progress is being made in Brexit negotiations. (AP Photo/Francisco Seco)
November 13, 2018 - 6:56 am
LONDON (AP) — Brexit is already having an impact on Britain's labor market, with the number of people from the European Union working in the country falling by a record amount. The Office for National Statistics said Tuesday the number of EU nationals working in Britain fell by 132,000 in the three...
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November 13, 2018 - 12:10 am
DUBAI, United Arab Emirates (AP) — Higher oil prices are helping to offset increases in public spending by the Middle East's oil exporting heavyweights like Saudi Arabia, with these countries narrowing their budget deficit by $77 billion, the International Monetary Fund said on Tuesday. The...
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FILE- In this Oct. 24, 2018, file photo specialist Gregg Maloney, left, and trader Timothy Nick work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Nov. 2. (AP Photo/Richard Drew, File)
November 02, 2018 - 2:27 pm
NEW YORK (AP) — U.S. stocks are slipping Friday as a big loss from Apple drags technology companies lower and an increase in interest rates hurts high-dividend companies. The world's largest technology company forecast weak revenue and said it will stop disclosing quarterly iPhone sales. Apple is...
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FILE- In this Sept. 27, 2018, file photo a bilingual help wanted sign for Auto Zone, a retailer of aftermarket automotive parts and accessories, is posted outside the store in Canton, Miss. Another healthy picture of hiring is expected when the U.S. government issues its September jobs report Friday, Oct. 5. (AP Photo/Rogelio V. Solis, File)
October 05, 2018 - 7:59 pm
WASHINGTON (AP) — The U.S. unemployment rate fell in September to 3.7 percent, the lowest since 1969, when young men were being drafted to fight in Vietnam and the American auto industry and the space program were going full blast. The Labor Department reported Friday that the rate edged down from...
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FILE- In this July 17, 2018, file photo Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on "The Semiannual Monetary Policy Report to the Congress," at Capitol Hill in Washington. On Wednesday, Sept. 26, the Federal Reserve issues its latest policy statement and updates its interest-rate and economic projections before Powell holds a news conference. (AP Photo/Jose Luis Magana, FIle)
September 26, 2018 - 3:19 pm
WASHINGTON (AP) — The Federal Reserve signaled its confidence Wednesday in the U.S. economy by raising a key interest rate for a third time this year, forecasting another rate hike before year's end and predicting that it will continue to tighten credit into 2020 to manage growth and inflation. The...
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