Labor economy
How Trump’s win could change your health care
U.S. President-elect Donald Trump arrives on November 13, 2024 at Joint Base Andrews, Maryland. Andrew Harnik | Getty Images President-elect Donald Trump’s return to the White House is poised to have big impacts on consumer health care. Republicans may face few legislative roadblocks with their goals of reshaping health insurance in the U.S., experts said, […]
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GM lays off 1,000 employees amid reorganization, cost-cutting
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT – General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the […]
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Hundreds of hotel workers go on strike at a casino near the Las Vegas Strip
Virgin Hotels Las Vegas is illuminated on Wednesday, March 24, 2021, in Las Vegas. Benjamin Hager | Las Vegas Review-Journal via AP Hundreds of hotel workers at a casino near the Las Vegas Strip went on strike just before dawn Friday after a long and highly publicized fight for a new contract. The strike at […]
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AMD to lay off 4% of workforce, or about 1,000 employees
AMD CEO Lisa Su makes the opening speech at COMPUTEX forum in Taipei, Taiwan June 3, 2024. Ann Wang | Reuters AMD said on Wednesday that it will lay off 4% of its global staff, as the longtime CPU maker seeks to gain a stronger foothold in the growing artificial intelligence chip space dominated by […]
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5 in-demand low-stress jobs — they all pay over $100,000 and help the environment
Higher-paying jobs often mean more pressure — think about surgeons working to save someone’s life, or corporate lawyers responsible for multimillion-dollar business deals. But you don’t need to take a pay cut to be less stressed at work. There are plenty of low-stress jobs that come with six-figure salaries. The U.S. Department of Labor’s Occupational […]
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FEMA fires employee who told Florida relief workers to skip Trump supporters
Federal Emergency Management Agency (FEMA) Administrator Deanne Criswell stands next to a track map of Hurricane Ian, during a press conference at FEMA Headquarters on September 28, 2022 in Washington, DC. Kevin Dietsch | Getty Images News | Getty Images The Federal Emergency Management Agency on Saturday confirmed that it fired an employee who had […]
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Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio
A view of the Jeep Plant where United Auto Workers members are picketing on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images DETROIT — Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio. The company, which has been […]
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Arizona businesses worry immigration proposal on ballot would exacerbate worker shortage
PHOENIX — Immigration is a top election issue across the country, but few places feel it more than Arizona, the only swing state along the southern border and home to one of the races that could make or break control of the Senate. Arizona businesses say a shortage of workers is threatening to hold up […]
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Striking Boeing machinists vote on union-backed contract proposal, this time with a warning
Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gather on a picket line near the entrance to a Boeing production facility on the day of a vote on a new contract proposal during an ongoing strike in Renton, Washington, U.S. October 23, 2024. David Ryder | Reuters Boeing‘s more than […]
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10-year Treasury yield rises above 4.3% as traders ignore noisy jobs report
The yield on the 10-year Treasury rose as traders downplayed October jobs data showing meager job growth that was hurt by hurricanes and striking workers, and was far below what Wall Street was expecting. The 10-year Treasury yield jumped nearly 10 basis points at 4.382%. The 2-year Treasury yield was higher by 5 basis points […]
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