Search result for Labor
Hospitality Employees and Las Vegas Casinos in Critical Labor Talks
After its members voted at the end of September to authorize a citywide strike, unions representing approximately 53,000 Las Vegas workers commenced critical negotiations with hotel and casino operators on Tuesday.
The culinary workers union and the stewards union represent employees at...
In May, bond rates for Series I are predicted to drop below 4%.
Inflation-proof and nearly risk-free Series I bonds have seen unprecedented demand over the past year. However, yields have been declining and are expected to continue doing so in May, according to industry experts.
According to the most recent data on the consumer price index, new I bo...
All in one day, Joe Biden embraces and runs afoul of labor.
A labor conflict was developing in Washington as the president delighted in his pro-worker message and working-class heritage during a speech in Michigan. And Biden was not the labor hero this time.
Joe Biden, the Labor Guy, was in his own Tuesday, speaking to union employees at a semic...
Expectations were dashed when 263,000 jobs were added in November, but October was revised sharply higher.
The Labor Department reported on Friday that a better-than-expected 263,000 jobs were added in November, indicating that the labor market is refusing to bend under the weight of higher interest rates and a weakening economy.
The figure was much above predictions of 200,000, while Octobe...
A spike in service prices drove up wholesale inflation more than economists had predicted in September.
The Bureau of Labor Statistics stated on Wednesday that wholesale price increases of 0.4% in September were beyond market expectations.
When compared to August's gain of 0.3%, this is a huge jump.
The PPI increased 8.5% over the previous 12 months, somewhat less than the 8...
Initial Jobless Claims Hit 219k Last Week
According to Thursday's report from the Labor Department, the number of first claims for unemployment benefits jumped by 29,000 to 219,000.
That's down from the corrected figure of 191,000 the week before. Meanwhile, the 4-week moving average was up 250 from the previous period,...
August saw a 315K job increase, and the unemployment rate increased to 3.7%.
The Labor Department reported on Friday that employers added 315,000 jobs in August, which was in line with predictions but a significant decrease from July.
This figure is compared to the revised 526,000 jobs that were added in July, which was more than double the anticipated amount. P...
Labor Must Handle Environmental Concerns
Tanya Plibersek, the Minister for the Environment in the Australian Labor government, recently made the announcement that the administration will set a goal to protect thirty percent of Australia's land and seas by the year 2030.
This goal was announced as part of a larger initiativ...
Singaporean Robots Plug The Labor Gaps
After facing quite a struggle to recruit workers during the epidemic, Singapore firms have very often turned to robots to assist with a variety of jobs ranging from inspecting building sites to scanning library bookcases.
A four-legged robot named "Spot" made by Boston Dynamic...
Independent Andrew Wilkie is getting ready to talk about the Speaker's role in the new Labor government
If Labor seeks a presiding officer from outside its ranks, Andrew Wilkie, a Tasmanian independent MP, says he is willing to "have a chat" with Anthony Albanese about becoming Speaker of the lower house.
Wilkie stated on Monday that he didn't think the future prime minister...
Labor promises a $970m investment in Medicare and general practice before the final week of an election
Australian Medical Association commits to a strong investment in healthcare. This policy consists of a $750m “Strengthening Medicare” fund and a $220m grants program for upgrades
This funding will enhance patient access to general practitioners (GP) to provide better managem...
Can technology Assist in Dealing with the Latest Labor Crisis
We are undoubtedly living in very strange times, the covid-19 pandemic has completely changed the world that we live in. For the last two years, the world has had to face many challenges. One of the most pressing of these challenges is the current labor crisis.
The World has had to deal...
US ECONOMY ADDED 850,000 NEW JOBS IN JUNE
Highlights
• This addition happens to above the average of the last three months.
• The Thursday’s Labor Department report stated that unemployment claims went down by 51,000 to 364,000
Bright signs of the American economy are clearly as the employers...
US ECONOMY CONTINUES TO IMPROVE, UNEMPLOYMENT CLAIMS SLUMP TO 376,000
Highlights
• The worst affected economy in the globe courtesy of the COVID-19 saw jobless claims going down to 376,000 which is 9,000 lesser than last week’s 385,000
• A Labor Department report released on Tuesday said the job openings had hit a record 9.3 mill...
JAPAN TO STUDY EFFECT OF PFIZER’S COVID-19 VACCINE ON ITS CITIZENS
Highlights –
- Japan to study effect of Pfizer’s COVID-19 vaccine on its citizens.
- The study is targeted for around 1,500 people separated into two groups.
- The government also plans to conduct similar studies on Moderna Inc. and A...
LOCAL GOVT. IN JAPAN WORKING THROUGH TO MINIMIZE COVID-19 VACCINE WASTAGE
Highlights –
- Local govt. in Japan working through to minimize COVID-19 vaccine wastage.
- The Ministry of Health, Labor and Welfare has requested local govts. to adopt flexible measures.
- Some have been instructed to use surplus doses to...
US UNEMPLOYMENT CLAIMS FALL BY 20,000 TO 385,000
Highlights
• According to the Labor Department, the number of jobless claims went to 385,000, falling by 20,000 as compared to the week before
• Nearly 1.8 million jobs were added by the employers in the US this year, which is an average of over 450,000 a month
...JAPAN’S UNEMPLOYMENT RATE ROSE TO 2.8 PERCENT IN APRIL
Highlights –
- Japan’s unemployment rate rose to 2.8 percent in April.
- The jobless rate in March climbed from 2.6 percent mark.
- Accommodation and restaurant services lost 200,000 workers.
- The gender gap in the jobless r...
JAPAN GOVT. TO SET ASIDE $4.7 BILLION FOR FY 2021 IN RESERVE FUNDS
Highlights –
- Japan govt. to set aside $4.7 billion for FY 2021 in reserve funds.
- The funds will be earmarked to purchase more COVID-19 vaccines.
- Pfizer is expected to supply 50 million doses from July through September.
- Jap...
CHINESE TOURISTS TAKE DOMESTIC TRIPS ON DAY 1 OF A 5-DAY HOLIDAY
Highlights –
- Chinese tourists take domestic trips on day 1 of a 5-day holiday.
- China’s international labor day holiday runs from May 1 to 5.
- Beijing South Railway Station was packed with passengers leaving for vacation. <...