Labor economy

Members of Unifor, the union representing the workers of Oshawa's General Motors assembly plant, stand near the entrance to the plant in Oshawa, Ontario, Monday, Nov. 26, 2018. General Motors will lay off thousands of factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles. General Motors is closing the Oshawa plant. (Eduardo Lima/The Canadian Press via AP)
November 27, 2018 - 9:27 am
DETROIT (AP) — Even though unemployment is low, the economy is growing and U.S. auto sales are near historic highs, General Motors is cutting thousands of jobs in a major restructuring aimed at generating cash to spend on innovation. The GM layoffs come amid the backdrop of a trade wars between the...
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President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, Monday, Nov. 26, 2018, for a short trip to Andrews Air Force Base, Md., and then on to Mississippi for rallies. (AP Photo/Evan Vucci) (AP Photo/Evan Vucci)
November 27, 2018 - 12:27 am
WASHINGTON (AP) — President Donald Trump has rejected a central conclusion of a dire report on the economic costs of climate change released by his own administration, but economists said the warning of hundreds of billions of dollars a year in global warming costs is pretty much on the money. Just...
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Members of Unifor, the union representing the workers of Oshawa's General Motors assembly plant, stand near the entrance to the plant in Oshawa, Ontario, Monday, Nov. 26, 2018. General Motors will lay off thousands of factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles. General Motors is closing the Oshawa plant. (Eduardo Lima/The Canadian Press via AP)
Patrick Gentry
November 26, 2018 - 7:46 pm
DETROIT (AP) — General Motors will cut up to 14,000 workers in North America and put five plants up for possible closure as it abandons many of its car models and restructures to focus more on autonomous and electric vehicles, the automaker announced Monday. The reductions could amount to as much...
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President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, Monday, Nov. 26, 2018, for a short trip to Andrews Air Force Base, Md., and then on to Mississippi for rallies. (AP Photo/Evan Vucci) (AP Photo/Evan Vucci)
November 26, 2018 - 6:56 pm
WASHINGTON (AP) — President Donald Trump on Monday rejected a central conclusion of a dire report on the economic costs of climate change released by his own administration. But economists said the National Climate Assessment's warning of hundreds of billions of dollars a year in global warming...
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Attorney Mark Patterson poses in his law firm's offices Thursday, Nov. 15, 2018, in Nashville, Tenn. The recent turbulence in the U.S. stock markets is spooking older workers and retirees, a group that was hit particularly hard during the most recent financial crisis. "There's a huge fear of folks my age that they're going to run out of money and they're going to need to rely on the government for help," Patterson said. (AP Photo/Mark Humphrey)
November 19, 2018 - 12:37 pm
CHICAGO (AP) — The recent turbulence in the U.S. stock markets is spooking some older workers and retirees, a group that was hit particularly hard during the most recent financial crisis. There's no indication, though, that the recent volatility has brought about large-scale overhauls in retirement...
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November 19, 2018 - 7:39 am
BANGKOK (AP) — Microsoft, Google and other major technology companies have promised to help provide training in digital skills for around 20 million people in Southeast Asia by 2020 to make sure the region's burgeoning working-age population is a fit for the future job market. Up to 28 million full...
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Virginia Gov. Ralph Northam, center, flanked by Virginia Commerce Secretary Brian Ball, left, and Amazon's Vice President of Public Policy Brian Huseman, listen during a news conference in the Crystal City neighborhood of Arlington, Va., Tuesday, Nov. 13, 2018. Amazon, which has grown too big for its Seattle hometown, said it will split its much-anticipated second headquarters between New York and northern Virginia. (AP Photo/Susan Walsh)
November 14, 2018 - 7:52 pm
RICHMOND, Va. (AP) — Virginia regularly awards grants, tax breaks and other goodies to businesses that move to the state or expand their operations, sometimes even for small projects that produce just a dozen or so jobs. But Amazon's announcement Tuesday that it plans to put at least 25,000 highly...
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Passers-by are reflected in an artwork based on the European Union flag, with one star missing, in the European Commissions headquarters in Brussels, Monday, Nov. 12, 2018. Britain's European Union partners on Monday ratcheted up political pressure on Prime Minister Theresa May amid signs that some progress is being made in Brexit negotiations. (AP Photo/Francisco Seco)
November 13, 2018 - 7:56 am
LONDON (AP) — Brexit is already having an impact on Britain's labor market, with the number of people from the European Union working in the country falling by a record amount. The Office for National Statistics said Tuesday the number of EU nationals working in Britain fell by 132,000 in the three...
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November 13, 2018 - 2:48 am
DUBAI, United Arab Emirates (AP) — Higher oil prices are helping to offset increases in public spending by the Middle East's oil exporting heavyweights like Saudi Arabia, with these countries narrowing their budget deficit by $77 billion, the International Monetary Fund said on Tuesday. However,...
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FILE- In this Oct. 31, 2018, file photo Federal Reserve Chair Jerome Powell, left, and Randal Quarles, vice chair for supervision, gather their things at the end of a Federal Reserve Board meeting at the Marriner S. Eccles Federal Reserve Board Building in Washington. On Thursday, Nov. 8, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Jacquelyn Martin, File)
November 08, 2018 - 3:18 pm
WASHINGTON (AP) — The Federal Reserve has left its key policy rate unchanged but signaled that it plans to keep responding to the strong U.S. economy with more interest rate hikes. The next rate increase is expected in December. The Fed kept its benchmark rate in a range of 2 percent to 2.25...
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