Saturday, October 19

Tag: employment

Employers added 303,000 jobs in March, surging past economic forecasts
5Apr By adminNo Comments
Money

Employers added 303,000 jobs in March, surging past economic forecasts

Labor secretary on latest job numbers Unemployment rises to 3.9%, labor secretary responds 07:08 U.S. employers added 303,000 jobs in March, far surpassing of economists' predictions and signaling the labor market remains resilient.Analysts surveyed by FactSet expected businesses had added 200,000 jobs last month. The unemployment rate held steady at 3.8%, the U.S. Department of Labor said on Friday.The latest data follows scorching hot hiring i...
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Can You Be Fired for Talking Politics at Work? | Explore Law Firms and Legal Advice
2Apr By adminNo Comments
Money

Can You Be Fired for Talking Politics at Work? | Explore Law Firms and Legal Advice

Can you talk politics at work without being fired? The short answer is yes – and also no. It all depends on where you work and the context in which you’re talking politics.Contrary to popular belief, the First Amendment only protects you, as an employee, from government actions against you, says Florida-based employment attorney David Miklas. But it’s actually a little more complicated than that. “So, if a police officer wanted to arrest you for wearing a 'MAGA' hat or a Biden hat, that would be violative of the First Amendment," Miklas says. "But your boss could fire you for the same reason.” MAGA is short for the 2016 Donald Trump campaign slogan, "Make America Great Again."“In general, there are extremely limited situations where there’s any kind of free speech rights in a private work...
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Tariffs and the Common Man
2Jan By adminNo Comments
Business

Tariffs and the Common Man

With Donald Trump leading the 2024 polls while calling for a 10% universal tariff, the new GOP protectionists are trying to sell this idea as a boon for the working class. The evidence exposes this folly: Trade wars invite painful retaliation, prop up politically favored industries at the expense of others, and raise prices on consumers like an invisible tax. They hurt the average worker.The economic literature on this point is voluminous. To pick one place to start, here was the conclusion of a study of Mr. Trump’s last trade wars, written in 2019 by two Federal Reserve economists: “We find that U.S. manufacturing industries more exposed to tariff increases experience relative reductions in employment as a positive effect from import protection is offset by larger negative effects from r...
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Flurry of minimum wage hikes could bring unintended consequences, economists warn
30Dec By adminNo Comments
Money

Flurry of minimum wage hikes could bring unintended consequences, economists warn

Flurry of minimum wage hikes could bring unintended consequences, economists warn - CBS News Watch CBS News Twenty-five states and dozens of U.S. cities are planning minimum wage increases in 2024, including California, which will boost minimum wage for fast-food workers to $20 per hour beginning Jan. 1. This week, Pizza Hut announced that it will lay off hundreds of delivery drivers as a result, one of the unintended economic consequences that experts say could result from the increases. Carter Evans reports. Be the first to know Get browser no...
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Understanding Law Firm Hierarchies | Explore Law Firms and Legal Advice
28Dec By adminNo Comments
Money

Understanding Law Firm Hierarchies | Explore Law Firms and Legal Advice

In most law firms, the hierarchy is conceptually set up like a pyramid with the partners – the senior most attorneys – at its apex, more junior attorneys ranking below them and so on. But dig deeper and you'll find the structure a bit more complicated than it appears at first glance.For example, at Big Law firms, individual practice groups may have their own departmental hierarchies, effectively operating as mini-law firms within the larger organization. At the same time, smaller firms have flatter hierarchies that allow for more flexibility and collaboration, says Jamy Sullivan, executive director of Robert Half International’s legal practice.While there are more subtle aspects to law firm structure, and individual firms do differ by size and firm culture, understanding the prototypical ...
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Why Do Jobs No Longer Offer Pensions?  | Retirement
22Dec By adminNo Comments
Money

Why Do Jobs No Longer Offer Pensions?  | Retirement

For many years, companies often provided workers with a pension plan, a valuable benefit that set them up with a steady source of guaranteed income during retirement. These days, fewer employers offer a pension: Only 15% of private industry workers had access to one in 2022, according to the Bureau of Labor Statistics.Retirement plans that rely on employee contributions and the rate of returns on their investments are more prevalent today. According to the BLS, 69% of private industry workers had access to such plans in 2022.Why are pensions less common? Consider the following: How pension plans work. Understanding why employers used to offer pensions. Changing times: the shift from traditional pension plans. Contemporary factors contributing to the disappearance of pensions. Alterna...
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The Fed Can’t Put Off Preparing for Rate Cuts
9Dec By adminNo Comments
World

The Fed Can’t Put Off Preparing for Rate Cuts

As the economy slows down toward its speed limit, it might be time to start thinking about easing up on the brake. That doesn’t mean the driver has to inform the passengers.Friday’s employment report showed that the economy added a seasonally adjusted 199,000 jobs last month, a move up driven in part by the end of the auto strikes, from October’s gain of 150,000 jobs. The unemployment rate slipped to 3.7% from 3.9%, and would have fallen even more if not for the entry of more people into the labor pool. Average hourly earnings were up 4% from a year earlier which, coming alongside cooling inflation, shows that workers’ buying power increased.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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The Fed Can’t Put Off Preparing for Rate Cuts
9Dec By adminNo Comments
Money

The Fed Can’t Put Off Preparing for Rate Cuts

As the economy slows down toward its speed limit, it might be time to start thinking about easing up on the brake. That doesn’t mean the driver has to inform the passengers.Friday’s employment report showed that the economy added a seasonally adjusted 199,000 jobs last month, a move up driven in part by the end of the auto strikes, from October’s gain of 150,000 jobs. The unemployment rate slipped to 3.7% from 3.9%, and would have fallen even more if not for the entry of more people into the labor pool. Average hourly earnings were up 4% from a year earlier which, coming alongside cooling inflation, shows that workers’ buying power increased.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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