Labor economy

President Donald Trump smiles during a meeting with Slovak Prime Minister Peter Pellegrini in the Oval Office of the White House, Friday, May 3, 2019, in Washington. (AP Photo/Alex Brandon)
May 04, 2019 - 5:52 am
NEW YORK (AP) — The lowest unemployment rate in a half century. More than 260,000 new jobs. And higher hourly wages. "I'll be running on the economy," President Donald Trump declared on Friday. And why wouldn't he? The day's new round of sunny employment figures offered fresh evidence of a strong...
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FILE - In this March 7, 2019, photo visitors to the Pittsburgh veterans job fair meet with recruiters at Heinz Field in Pittsburgh. On Friday, May 3, the U.S. government issues the April jobs report. (AP Photo/Keith Srakocic, File)
May 03, 2019 - 5:12 pm
WASHINGTON (AP) — Hiring accelerated and pay rose at a solid pace in April, setting the stage for healthy U.S. economic growth to endure despite fears of a slowdown earlier this year. Employers added 263,000 jobs, with the unemployment rate dropping to a five-decade low of 3.6% from 3.8%, though...
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FILE- In this March 4, 2019, file photo a worker cleans a jet bridge before passengers boarded an Alaska Airlines flight to Portland, Ore., at Paine Field in Everett, Wash. U.S. employers are expected to have delivered a solid month of job growth in April, buoyed by a resilient economy that has confounded concerns that 2019 would begin with a slowdown. Another decent hiring gain would highlight the economy’s steady health just months after many analysts had expressed fear that growth was poised to weaken and a recession might soon occur. (AP Photo/Ted S. Warren, File)
May 03, 2019 - 5:12 pm
NEW YORK (AP) — The overall economy is adding jobs, but there's one spot that appears to be in a funk: retail. Overall, U.S. employers added 263,000 jobs in April, according to the government data released Friday. The retail sector lost 12,000 jobs that same month. That decline wasn't a blip; the...
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FILE- In this March 12, 2019, file photo specialists James Denaro, left, and Mario Picone work at a post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 3. (AP Photo/Richard Drew, File)
May 03, 2019 - 1:46 pm
Stocks rose broadly on Wall Street in afternoon trading Friday, erasing the market's losses from a day earlier and placing the S&P 500 on track for its second straight weekly gain. Investors welcomed the government's latest snapshot of U.S. employment, which showed that job growth surged in...
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FILE- In this Jan. 24, 2019, file photo, Zakiyyah Askia, a plumbing apprentice in a program run by the nonprofit Chicago Women in Trades, welds pipes at a high rise residence under construction in Chicago. On Friday, May 3, the Institute for Supply Management, a trade group of purchasing managers, issues its index of non-manufacturing activity for April. (AP Photo/Teresa Crawford, File)
May 03, 2019 - 11:40 am
U.S. service companies grew at a slower pace in April, as business activity generally showed a leveling off. The Institute for Supply Management, an association of purchasing managers, reported Friday that its service index fell to 55.5% last month, down from 56.1% in March. Any reading above 50...
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Demonstrators confront police officers as scuffles broke out during a May Day rally in Turin, Italy, Wednesday, May 1, 2019. (Alessandro Di Marco/ANSA via AP)
May 01, 2019 - 10:42 am
BERLIN (AP) — Higher salaries, better working conditions, maternity leave, minimum wage and an end to discrimination against temporary or foreign workers: These were among the concerns as hundreds of thousands of union members and labor activists rallied around the world to mark May Day. The...
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April 29, 2019 - 9:01 am
WASHINGTON (AP) — U.S. consumer spending surged 0.9% in March, the biggest gain in nearly a decade, as inflation pressures remain non-existent. The March gain was the biggest monthly increase since August 2009, the Commerce Department reported Monday. That's a marked improvement after three months...
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FILE - This April 2017, file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
April 29, 2019 - 7:45 am
Most retirement calculators are optimistic to a fault. They assume our incomes will rise throughout our working lives, or at least stay roughly the same. In reality, our incomes are likely to peak years — and sometimes decades — before we retire. Consider this: — People's biggest wage increases...
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April 29, 2019 - 1:40 am
A survey of corporate economists predicts the economy will expand over the next year, although the pace of growth will decline and employers are facing pressure to raise wages, spend more on worker training and automate tasks because of the low unemployment rate. Just 53% of the economists polled...
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FILE - In this Sept. 19, 2014, file photo, Jack Ma, founder of Alibaba, smiles during the company's IPO at the New York Stock Exchange in New York. Remarks by Ma, one of China's richest men, that young people should work 12-hour days, six days a week if they want financial success have prompted a public debate over work-life balance in the country. (AP Photo/Mark Lennihan, File)
April 19, 2019 - 6:55 am
BEIJING (AP) — Chinese e-commerce tycoon Jack Ma has long been an example of how the power of big dreams, strong leadership and sheer elbow grease can create massive fortunes in China's go-go economy. Yet, recent remarks by the head of Chinese online business giant Alibaba that young people should...
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