Labor economy
Canada moves to end rail shutdown quickly; CN workers to return to work Friday
Workers at Canadian National Railway will begin returning to work on Friday, the Teamsters union said, hours after the Canadian government moved to end an unprecedented rail stoppage. The union said the work stoppage at Canadian Pacific Kansas City would continue pending an order from the Canadian Industrial Relations Board (CIRB). The union and company […]
Read More
Why remote work has staying power: It’s ‘still kicking,’ economist says
Key Points Remote work surged during the Covid-19 pandemic and appears to have staying power. It has endured largely because it has perceived benefits for both workers and employers, economists said. Source
Read More
Canadian railways grind to a halt as workers locked out; economic fallout fears rise
A Canadian Pacific Railway locomotive pulls a train in Calgary, Alberta, Canada, on Monday, March 22, 2021. Alex Ramadan | Bloomberg | Getty Images Canada’s top two railroads locked out more than 9,000 unionized workers, triggering an unprecedented rail stoppage that could cause billions of dollars worth of economic damage and roil North American supply […]
Read More
GM lays off more than 1,000 salaried software and services employees
A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images DETROIT – General Motors is laying off more than 1,000 salaried […]
Read More
UAW president slams Stellantis CEO over job cuts, alleged price gouging
UAW President Shawn Fain chairs the 2023 Special Elections Collective Bargaining Convention in Detroit, Michigan, U.S., March 27, 2023. Rebecca Cook | Reuters DETROIT – United Auto Workers President Shawn Fain ratcheted up criticism of Stellantis CEO Carlos Tavares in a video Friday afternoon, accusing the chief executive of price gouging consumers and failing to […]
Read More
Alaska Airlines flight attendants reject new contract, union says there’s ‘more work to do’
An Alaska Airlines Boeing 737-900ER aircraft on the tarmac at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Monday, Jan. 22, 2024. David Ryder | Bloomberg | Getty Images Alaska Airlines flight attendants rejected a new labor deal that would have come with immediate raises averaging more than 24%, their union said Wednesday, setting […]
Read More
UAW hits Musk, Trump with federal labor charges over union busting comments
This combination of pictures shows Elon Musk, left, and Donald Trump, right. Afp | Getty Images The United Auto Workers on Tuesday filed federal labor charges with the National Labor Relations Board against former President Donald Trump and billionaire Elon Musk for publicly applauding the practice of firing employees who threaten to strike. “I look […]
Read More
Europe stocks nudge higher; Sterling gains after UK wage growth falls to two-year low
European stocks closed higher last Friday as investors digested economic data from the region including a preliminary U.K. second-quarter GDP reading, July inflation prints out of France, Spain and Italy, and euro zone industrial production for June. Camilla Cerea | Bloomberg via Getty Images LONDON — European stocks were slightly higher on Tuesday, as market […]
Read More
Australia’s second-quarter wages rise at slowest pace in a year
Shoppers walk around Pitt Street Mall on June 07, 2022 in Sydney, Australia. Brendon Thorne | Getty Images Australian wages rose at their slowest pace in a year in the June quarter, falling short of expectations, while softer gains in the private sector suggest the labor market was easing. Figures from the Australian Bureau of Statistics on Tuesday showed its wage price index […]
Read More