Labor
Labor Articles
Petroleo Brasileiro SAPetroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, may have a new problem on its hands. This is in the form of a labor issue. Wednesday’s 24-hour “warning” strike makes...
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flickr/incendiarymindOver the past three decades in the U.S., income from labor (wages, salaries, pensions, etc.) has been declining even as capital income (interest, dividends, investment returns,...
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AMRPassengers who fly American Airlines, the operating division of bankrupt AMR, have found it increasingly frustrating to use the carrier. The Allied Pilots Association allegedly has encouraged...
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Chinese state media reported Monday on a mass brawl among up to 2,000 workers at a Foxconn plant in Taiyuan, in Shanxi province. Foxconn’s Taiwanese parent company Hon Hai said in a statement that...
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AMRBankrupt AMR, parent of American Airlines, faces increasing resistance from employees as it attempts to cut wages and headcount. Worker activism has started to harm American’s relationships with...
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The United States is becoming a one of the lower-cost manufacturing centers in the world, according to a new study by the Boston Consulting Group (BCG). Low labor and energy costs are expected to...
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The three large American auto firms have to hope that their negotiations with the United Auto Workers will be as easy as the ones they have had with the Canadian Auto Workers. The CAW have set deals...
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The U.S. Labor Department has released the latest report of weekly jobless claims. After the claims had been trending in the wrong direction in prior weeks, this preliminary claims report came out at...
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A person who graduated from Dartmouth last year was expected to make $51,600 in his or her first job. It makes sense. Dartmouth is an Ivy League school that graduates the best of the best students....
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The U.S. Labor Department has released its weekly jobless claims report and it showed a gain to some 382,000 claims — that is headed the wrong way. The prior week was revised to 367,000 from a...
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The Labor Department has more data out that supports the theory that the very disappointing payrolls data from August will not be remedied in September. The Labor Department showed that its total...
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Hewlett-Packard Co. (NYSE: HPQ) will lay off 29,000 people instead of the 26,000 it originally announced as it struggles to improve performance. Royal Philips Electronics N.V. will cut the 2,200 jobs...
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Gold bugs are finding a mixed reception today, but there is some concerning news out of South Africa that may resemble a bit of the same concern after deadly police responses during a labor strike...
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This week’s economic and market news headlines have been dominated largely by Mario Draghi’s bond-buying program and now by an official unemployment rate of 8.1% with only 96,000 payrolls added...
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The Labor Department has released its highly anticipated report on the employment situation for August. With this being one of the last reports ahead of the key presidential election and with the...
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