WASHINGTON— The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated. The Commerce Department’s figure for gross domestic product, released Wednesday, was the same as its first estimate last month. GDP is the broadest measure … Continue reading WASHINGTON | US economy grew at brisk 3.5 pct. annual rate last quarter
LONDON — 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 months to September compared … Continue reading LONDON | EU workers leave UK in record numbers as Brexit looms
WASHINGTON— U.S. wholesale prices rose by the most in six years last month, led higher by more expensive gas, food, and chemicals. The Labor Department said Friday that the producer price index — which measures price increases before they reach the consumer — leapt 0.6 percent in October, after a smaller 0.2 percent rise in … Continue reading WASHINGTON | US wholesale prices jump 0.6 percent, most in 6 years
WASHINGTON— U.S. companies added 227,000 jobs in October, according to a private survey, a healthy gain that suggests companies are still finding workers to hire even as the unemployment rate has fallen to a 49-year low. Payroll processor ADP said Wednesday that employers added jobs in manufacturing, retail, and professional services such as engineering. October’s … Continue reading WASHINGTON | Survey: US companies add a robust 227,000 jobs in October
WASHINGTON — President Donald Trump is starting his Labor Day with an attack on a top union leader. Trump tweeted Monday that AFL-CIO President Richard Trumka “represented his union poorly on television this weekend.” He added: “it is easy to see why unions are doing so poorly. A Dem!” Trumka appeared on “Fox News Sunday,” … Continue reading WASHINGTON | Trump attacks union leader on Labor Day
Nearly 1.6 million jobs created since December 2010 TALLAHASSEE, FL – Friday, Florida Governor Rick Scott announced that Florida’s unemployment rate dropped to 3.7 percent – the lowest since April 2007 as Florida business have now created 1,595,000 jobs since December 2010. In July, business created 26,300 private-sector jobs. The Governor announced Florida’s employment numbers … Continue reading Florida News: Governor Scott – Florida’s Unemployment Rate Lowest in Over a Decade
JEFFERSON CITY, Mo. — Missouri voters were deciding Tuesday whether to implement a right-to-work law limiting labor union powers that had been passed more than a year ago by Republican state officials but placed on hold when labor groups petitioned to force a public referendum. If voters consent, Missouri would become the 28th state outlawing … Continue reading JEFFERSON CITY, Mo. | Missouri deciding on right-to-work law curbing union power
WASHINGTON — U.S. employers slowed their hiring in July, adding 157,000 jobs, a solid gain but below the healthy pace in the first half of this year. The unemployment rate ticked down to 3.9 percent from 4 percent, the Labor Department said Friday. That’s near an 18-year low of 3.8 percent reached in May. Employers … Continue reading WASHINGTON | US employers add 157,000 jobs, jobless rate hits 3.9 pct.