Labor
Labor Articles
Announced job cuts of more than 590,000 in 2019 were the fourth-highest total of the past decade, according to outplacement firm Challenger, Gray & Christmas. Autoworkers and manufacturing...
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U.S. Steel announced late Thursday that it will shut down most of its Great Lakes Works plant, cut its dividend, and terminate its share buyback program as it tries to weather tough economic...
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The UAW has rightly pressed for better deals for its members. An unintended consequence is that higher labor costs have started to meet a flagging industry.
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A new study from the Federal Reserve Bank of Richmond looks at how high-skill occupations are distributed around the U.S. and concludes that centralization in a few key cities may be the most...
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GM's union 46,000 union employees on Friday will complete voting on a new contract. If the deal is approved, Ford and Chrysler negotiations will go into high gear.
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WeWork's CEO will get more than $1 billion in the bailout. But will he give any of that to the thousands of people WeWork will lay off in the next several weeks?
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GM reportedly has finalized a settlement to end a multiweek strike by the United Auto Workers union. With earnings season kicking off, there will be more of a focus the strike's price tag for GM.
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The United Auto Workers union and GM have reached a proposed tentative agreement to end the month-long strike against the company's 55 U.S. locations. No details yet.
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The media reports that recession risks are rising every day. If a recession is going to arrive, it's going to take a major blow to the consumer — and the number one blow to consumers is around jobs.
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Despite the three-week-old UAW strike, GM management has made two calculations that investors support.
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Nonfarm payrolls rose less than expected in September, but the should at least ease one more day's worries over the endless calls for a recession.
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Challenger, Gray & Christmas on Thursday released its job-cuts report for September, showing that more than 41,000 planned U.S. job cuts were announced last month, a decrease compared with August...
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Te ADP private sector payrolls report is used as a directional barometer for each monthly unemployment and nonfarm payrolls report. ADP's figure was better than expected in September.
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GM reversed an earlier decision to push health care premium payments for striking workers onto the UAW. The union was not impressed, but negotiations are reportedly continuing.
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Last week's new claims for unemployment benefits rose by 3,000, driven by new claims in Michigan where thousands of autoworkers are on strike against GM.
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