Labor economy

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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FILE - In this Tuesday, May 22, 2018, file photo, Ted Pappageorge, president of the Culinary Workers Union, Local 226, speaks before a vote on whether to authorize a strike, in Las Vegas. Some key labor leaders say they are starting to worry about the topics dominating the 2020 conversation. “They’ve got to pay attention to kitchen-table economics,” said Pappageorge. “We don’t quite see that.” (Steve Marcus/Las Vegas Sun via AP, File)
April 15, 2019 - 10:46 am
LAS VEGAS (AP) — Ardently liberal, pro-labor and anti-corporate cash, the field of Democrats running for president may look like a union activist's dream. But some key labor leaders are starting to worry about the topics dominating the 2020 conversation. The candidates are spending too much time...
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FILE - This Dec. 24, 2018, file photo shows U.S. Capitol dome in Washington. The number of people applying for unemployment aid fell last week to its lowest level in nearly five decades, solid evidence that the job market is healthy and layoffs scarce. The Labor Department said on Thursday, April 11, 2019, that weekly applications for jobless benefits dropped 8,000 to a seasonally adjusted 196,000. (AP Photo/Manuel Balce Ceneta, File)
April 11, 2019 - 2:13 pm
WASHINGTON (AP) — The fewest people in nearly 50 years sought unemployment benefits last week, a sign of a strong job market and an unusually low level of layoffs. Yet the sinking pace of layoffs isn't due solely to a tight employment picture. Many states have imposed stricter rules on their...
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Australian Prime Minister Scott Morrison, second left, shakes hands with Governor General Peter Cosgrove as he leaves Government House in Canberra, Thursday, April 11, 2019, after a meeting to dissolve parliament and head for a Federal Election. (Mick Tsikas/AAP Image via AP)
April 10, 2019 - 7:31 pm
CANBERRA, Australia (AP) — Australia's prime minister on Thursday called a May 18 election that will be fought on issues including climate change, asylum seekers and economic management. "We live in the best country in the world," Prime Minister Scott Morrison told reporters after advising the...
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April 10, 2019 - 7:44 am
WASHINGTON (AP) — U.S. consumer prices climbed 0.4% in March, an increase caused mostly by higher costs for gasoline, electricity and shelter. The Labor Department said Wednesday that the consumer price index rose a healthy 1.9% last month from a year ago, a sharp jump from the annual pace of 1.5%...
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Investors monitor stock prices at a brokerage house in Beijing, Monday, April 8, 2019. Shares are mixed in Asia, after trade talks between China and the U.S. wrapped up with officials on both sides claiming progress. (AP Photo/Andy Wong)
April 08, 2019 - 2:55 am
BANGKOK (AP) — Shares slipped in early trading in Europe on Monday following a mixed day in Asia after trade talks between China and the U.S. wrapped up with officials on both sides claiming progress. Britain's FTSE 100 fell 0.2% to 7,432.38, while the DAX in Germany declined 0.3% to 11,976.40. The...
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FILE- In this March 7, 2019, file photo visitors to the Pittsburgh veterans job fair meet with recruiters at Heinz Field in Pittsburgh. On Friday, April 5, the U.S. government issues the March jobs report. (AP Photo/Keith Srakocic, File)
April 05, 2019 - 5:10 pm
WASHINGTON (AP) — A month ago, many economists fretted that the 10-year U.S. expansion looked wobbly. But after the government reported Friday that hiring rebounded in March, the economy suddenly looks sturdy again. Growth has weakened since last year to something closer to the modest pace that has...
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FILE- In this Feb. 5, 2019, file photo trader John Panin works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, April 5. (AP Photo/Richard Drew, File)
April 05, 2019 - 12:58 pm
Stocks moved broadly higher Friday afternoon on Wall Street after a better-than-expected report on U.S. jobs eased worries that the economy is slowing too sharply. Health care, energy and technology stocks accounted for much of the rally, which placed the benchmark S&P 500 index on track for...
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April 05, 2019 - 8:54 am
WASHINGTON (AP) — The Latest on Friday's jobs report (all times local): 9:45 a.m. Economists say solid hiring and modest wage gains in Friday's jobs report for March probably aren't enough to change the Federal Reserve's current plans to hold off on additional interest rate hikes. Fed officials as...
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