Personnel
Private payrolls growth slows to 152,000 in May, much less than expected, ADP says
Private job creation slowed more than expected in May, according to a report Wednesday from ADP that signals further sluggishness in the labor market. The payroll processing firm said that companies added 152,000 jobs on the month, fewer than the downwardly revised 188,000 in April and below the Dow Jones consensus estimate for 175,000. This […]
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Stock futures are little changed ahead of private payrolls report: Live updates
Traders work on the floor of the New York Stock Exchange during afternoon trading on June 3, 2024. Michael M. Santiago | Getty Images Stock futures are near flat Tuesday night as investors geared up for private payroll data while analyzing the latest corporate earnings. Dow Jones Industrial Average futures advanced 49 points, or 0.1%. […]
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Biden’s new immigration order could tighten labor markets, but ease supply chain bottlenecks
President Joe Biden delivers remarks about immigration and border security on February 29, 2024 in Olmito, Texas. Cheney Orr | Getty Images President Joe Biden’s new executive order tightening asylum limits at the U.S.-Mexico border could have the double-edged economic effect of tightening labor markets, while also easing supply chain bottlenecks between the two countries, […]
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Terrible economic information has been very good for stocks, but that could improve this week
Poor financial information so much has been typically optimistic for the inventory current market, as investors fear in excess of whether or not the Federal Reserve will start out cutting curiosity prices. You will find a threat, although, of overdoing it, where as well a great deal poor news could signal a significant downturn and […]
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Nvidia’s billionaire founder: The No. 1 thing I believe today that my younger self wouldn’t understand
Jensen Huang used to worry about not having enough time to accomplish everything he wanted. These days, the billionaire Nvidia CEO and co-founder wishes he hadn’t worried so much. “There’s plenty of time. If you prioritize yourself properly and you make sure that you don’t let [Microsoft] Outlook be the controller of your time, there’s […]
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Why half of all workers may struggle to get weight-loss drug health insurance coverage
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters Companies are increasing access to new blockbuster weight-loss drugs for employees, but size of employer may make a big difference in early access. Small businesses and their workers are often stuck […]
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I took a nearly $90,000 pay cut to work in food—now my restaurant brings in more than $1.8 million per year
This is a special Gen X installment of CNBC Make It’s Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money. Ji Hye Kim never considered a career in food. The 46-year-old’s family immigrated from South Korea to New Jersey when she was 13, and she spent her […]
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Starbucks is set to resume union negotiations as it confronts issues at its stores
People picket outside of a Starbucks store in New York’s East Village as Starbucks Workers United have announced that they are waging the company’s largest strike Thursday on the coffee company’s Red Cup Day on November 16, 2023 in New York City. Spencer Platt | Getty Images When Starbucks and its baristas union resume contract […]
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‘Pregnancy discrimination across company The usa is even now rampant,’ writer says
Fatcamera | E+ | Getty Visuals To understand why women are still fighting to catch up to adult men economically, author Josie Cox turns to the previous. She does not have to search far too considerably again. The Women’s Business enterprise Ownership Act, which allowed women of all ages to get hold of organization financing […]
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UAW challenges Mercedes-Benz union vote, asks NLRB for new election
United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg | Getty Images DETROIT – The United Auto Workers union is challenging the results of last week’s organizing vote of Mercedes-Benz workers in Alabama — […]
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