Labor economy

FILE- In this March 12, 2019, file photo specialists James Denaro, left, and Mario Picone work at a post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 3. (AP Photo/Richard Drew, File)
May 03, 2019 - 12:46 pm
Stocks rose broadly on Wall Street in afternoon trading Friday, erasing the market's losses from a day earlier and placing the S&P 500 on track for its second straight weekly gain. Investors welcomed the government's latest snapshot of U.S. employment, which showed that job growth surged in...
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FILE- In this Jan. 24, 2019, file photo, Zakiyyah Askia, a plumbing apprentice in a program run by the nonprofit Chicago Women in Trades, welds pipes at a high rise residence under construction in Chicago. On Friday, May 3, the Institute for Supply Management, a trade group of purchasing managers, issues its index of non-manufacturing activity for April. (AP Photo/Teresa Crawford, File)
May 03, 2019 - 10:40 am
U.S. service companies grew at a slower pace in April, as business activity generally showed a leveling off. The Institute for Supply Management, an association of purchasing managers, reported Friday that its service index fell to 55.5% last month, down from 56.1% in March. Any reading above 50...
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FILE - In this March 7, 2019, photo visitors to the Pittsburgh veterans job fair meet with recruiters at Heinz Field in Pittsburgh. On Friday, May 3, the U.S. government issues the April jobs report. (AP Photo/Keith Srakocic, File)
May 03, 2019 - 10:40 am
WASHINGTON (AP) — U.S. employers added a robust 263,000 jobs in April, suggesting that businesses have shrugged off earlier concerns that the economy might slow this year and now anticipate strong customer demand. The unemployment rate fell to a five-decade low of 3.6% from 3.8%, though that drop...
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May 03, 2019 - 7:32 am
WASHINGTON (AP) — The Latest on the April jobs report (all times local): 8:30 a.m. Hiring jumped in April as U.S. employers added 263,000 jobs, a strong gain that suggests businesses have shrugged off any concerns the economy may slow this year. The Labor Department says the unemployment rate fell...
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FILE- In this Jan. 28, 2019, file photo a container ship is unloaded at the Port of Oakland in Oakland, Calif. On Thursday, May 2, the Labor Department issues revised data on productivity in the first quarter. (AP Photo/Ben Margot, File)
May 02, 2019 - 7:59 am
WASHINGTON (AP) — U.S. productivity grew at a solid 3.6% rate in the first three months of this year, the strongest quarterly gain in more than four years and a hopeful sign that a long stretch of weak productivity gains may be coming to an end. The first quarter increase in productivity was more...
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Demonstrators holding wooden shields are confronted by police during a protest against the Federal Fiscal Control Board, as part of the May Day celebration in San Juan, Puerto Rico, Wednesday, May 1, 2019. The U.S. Congress established the appointed Fiscal Control Board to oversee the debt restructuring in order to combat the Puerto Rican government-debt crisis. (AP Photo/Carlos Giusti)
May 01, 2019 - 9:35 pm
BERLIN (AP) — Higher salaries, better working conditions, maternity leave, minimum wage and an end to discrimination against temporary or foreign workers: These were among the concerns as hundreds of thousands of union members and labor activists rallied around the world to mark May Day. The...
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In this April 14, 2019, photo a now hiring sign is posted at a Domino's Pizza in Jersey City, N.J. On Wednesday, May 1, payroll processor ADP reports how many jobs private employers added in April. (AP Photo/Jenny Kane)
May 01, 2019 - 8:29 am
WASHINGTON (AP) — U.S. companies in April added the most jobs in 9 months, a sign that hiring remains strong amid solid economic growth. Payroll processor ADP said Wednesday that businesses hired 275,000 people last month, up from just 151,000 in March. That's a much higher number than economists...
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April 29, 2019 - 12:40 am
A survey of corporate economists predicts the economy will expand over the next year, although the pace of growth will decline and employers are facing pressure to raise wages, spend more on worker training and automate tasks because of the low unemployment rate. Just 53% of the economists polled...
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FILE - In this Sept. 19, 2014, file photo, Jack Ma, founder of Alibaba, smiles during the company's IPO at the New York Stock Exchange in New York. Remarks by Ma, one of China's richest men, that young people should work 12-hour days, six days a week if they want financial success have prompted a public debate over work-life balance in the country. (AP Photo/Mark Lennihan, File)
April 19, 2019 - 5:55 am
BEIJING (AP) — Chinese e-commerce tycoon Jack Ma has long been an example of how the power of big dreams, strong leadership and sheer elbow grease can create massive fortunes in China's go-go economy. Yet, recent remarks by the head of Chinese online business giant Alibaba that young people should...
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FILE - In this April 12, 2019, file photo morning clouds cover Capitol Hill in Washington. On Thursday, April 18, the Labor Department reports on the number of people who applied for unemployment benefits last week. (AP Photo/J. Scott Applewhite, File)
April 18, 2019 - 8:14 am
The number of Americans filing for unemployment benefits dropped to the lowest level in nearly half a century. The Labor Department says claims for jobless aid fell by 5,000 last week to 192,000, lowest since September 1969. The four-week average, which is less volatile, dropped by 6,000 to 201,250...
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