Tag: Labor issues

Jobs Report: 211,000 Jobs Added, Unemployment Rate Fell To 4.4%

In April, the U.S. economy added 211,000 jobs and the unemployment rate fell to a new post-crisis low of 4.4%. This is the lowest unemployment rate since May 2007. Wages, which are closely tracked by the Federal Reserve, rose 0.3% month-on-month, as expected. The the annual increase in wages, however, disappointed with wages up just…

New Orleans Removes Confederate Statues

New Orleans started taking down the first of four prominent Confederate monuments in the city early Monday morning, at about 1:30 a.m. The city is the most recent Southern stronghold to remove symbols interpreted by many to memorialize white supremacy and racism. The first monument to be removed overnight was one that “commemorates whites who…

President Trump to Sign ‘Buy American, Hire American’ Order

President Donald Trump will sign an executive order Tuesday calling for the end of America’s lottery system for H-1B work visas in favor of a merit-based system, Axios reports. The “Buy American, Hire American” order will look to scrap the existing visa application system, which enters applicants into a lottery for limited number of visas.…

British PM Calls General Election in Face of Brexit Fight

British Prime Minister Theresa May stunned political observers Tuesday when she called a snap general election to take place June 8th. In a dramatic statement outside Downing Street, May said she was calling the election to stop the “political game playing” of politicians seeking to oppose or water down the terms of Britain’s withdrawal from…

Truck Driven Into a Crowd in Stockholm, Injuring Several

Authorities in Sweden’s capital say a beer truck was driven into a crowd of people on a pedestrian street and into a department store in the center part of the city on Friday. At least two people have been killed and many more have been injured, according to local reports. Swedish newspaper Aftonbladet quoted a…

Economy Created Just 98,000 Jobs In March, Missing Expectations

The U.S. economy added just 98,000 non-farm jobs in March, falling significantly short of the 185,000 new jobs economists polled by MarketWatch had predicted. Despite the weak gains, the unemployment rate fell to 4.5 percent from 4.7 percent, hitting the lowest level in nearly a decade. The Labor Department’s Friday report also cut the estimate…

Theresa May Will Trigger Article 50 On 29 March for BREXIT

Theresa May will trigger article 50 on Wednesday 29 March, the prime ministers spokesman has confirmed. The UKs permanent representative to the European Union, Sir Tim Barrow, notified the EU on Monday morning that a letter should be expected on that date. May, who was visiting Swansea on Monday, intended to visit Northern Ireland and…

Obama Policies Created 235,000 Jobs Last Month

Nonfarm employers added a seasonally adjusted 235,000 jobs in February, above economists’ expectations for a 197,000 gain. Employers added a revised 238,000 in January for the best back-to-back performance since June and July 2016. One area of strength those two months: construction jobs. Over the past three months, total job growth has averaged 209,000. That…

Intelligence Agencies To ‘Go Nuclear’ On Trump ‘Watch Him Die In Prison’

U.S. national security officials are reportedly ready to “go nuclear” after President Donald Trump’s latest attack on the intelligence community. In a series of tweets on Tuesday and Wednesday, Trump insisted that the “real scandal” was not that former National Security Adviser Michael Flynn lied about his contact with Russia. Instead, the president blasted what…

Trump Picks Alexander Acosta for Labor Secretary

President Donald Trump on Thursday announced attorney Alexander Acosta as his next labor secretary pick, just one day after fast-food executive Andrew Puzder withdrew his bid over controversies seen as likely to upend his confirmation. Acosta, who is Latino, is an attorney who has served in the Justice Department’s civil rights division, and is the…

Trump: Flynn Was ‘Just Doing His Job’

President Donald Trump on Thursday said former National Security Adviser Michael Flynn was “just doing his job” when he reportedly spoke numerous times with Russia’s ambassador about the sanctions levied on the country by the Obama administration, and then misled Vice President Mike Pence about those conversations. The president gave contradictory messages about Flynn, saying…

Trump: I Will ‘Destroy’ Johnson Amendment [VIDEO]

After asking prayer for Arnold Schwarzenegger’s Apprentice ratings this morning at the National Prayer Breakfast Trump declared that religious freedom is “under threat,” He vowed to repeal an IRS rule that says pastors who endorse candidates from the pulpit risk losing their tax-exempt status. “I will get rid of and totally destroy the Johnson Amendment…

Jobs Report: Payroll Employment Rises By 156,000 In December

U.S. employers added 156,000 jobs in December, capping a year of slower but solid hiring. The report is the last major snapshot of the economy President-elect Donald Trump will inherit from President Barack Obama. The Labor Department says the unemployment rate ticked up to 4.7 percent from a nine-year low of 4.6 percent. Hourly pay…

Sochi Olympics Games: Speeding Bobsled Hits Worker Breaks Legs

Olympic officials are trying to determine why a worker on the track used for sliding sports at the Sochi Games was in the path of a speeding bobsled that crashed into him, causing leg injuries and a concussion. A forerunning sled sent down the track to make sure conditions were suitable for two-man training crashed…

MLB Commissioner Selig To Retire In January 2015

Major League Baseball Commissioner Bud Selig will retire from his position in January 2015, he announced Thursday. Selig, 79, says he will announce a transition plan, including a reorganization of central baseball management, shortly. Selig took over as acting commissioner in September 1992 and was formally elected in July 1998. AP