Items tagged with jobs:
News & Updates:
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The House Appropriations Committee approved a $23.4 billion financial services spending bill that includes a boost to IRS funding; Stock markets continue to rise despite President Trump’s contentious performance at the Group of Seven summit; New applications for U.S. unemployment benefits unexpectedly fell last week; U.S. retail sales increased more than expected in May; Prices for U.S. imports increased 0.6 percent for the second consecutive month in May. -
Net neutrality rules enacted by the FCC went into effect Monday; Supreme Court upholds Ohio voter ID law; Despite strong economic and employment data, Economist’s survey predict an economic recession by the end of 2019 and the beginning of 2020. -
In a discussion on the growing disparity between employer and employee agency within the labor market, Faculty Affiliate Peter Cappelli comments on the impact of the shareholder value movement and how it has facilitated these disenfranchising trends. Professor Cappelli claims that shareholder value encourages “the use of temps and contractors” to fill high-wage jobs because “that way the employer doesn’t have to raise wages for all their employees.” -
The World Trade Organization said Mexico has filed a formal complaint against the United States over steel and aluminum tariffs; Senate Democrats signed a letter urging Paul Ryan to hold a vote on a bill that would restore the FCC’s net neutrality rules; Initial jobless claims totaled below previous projections; EIA Natural Gas Report demonstrates a new increase in working gas -
According to the White House economic adviser Larry Kudlow, President Trump may seek to strike separate trade deals with Canada and Mexico; JOLTS Metrics indicate little change from April except for a new series high in job openings level of 6.7 million; The US Services PMI index observed an increase in May.
