These are the personal views of Peter Morici, a professor at the University of Maryland School of Business and former Chief Economist at the U.S. International Trade Commission: Today, the Labor Department reported the economy...
Employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5 percent, suggesting that the economy's road to recovery will be bumpy.
Temperatures have been high for several consecutive days. According to China鈥檚 regulations, employers should subsidize their staff for working in hot weather from June through October, and the subsidy counts as part of their costs. Those working in the open air and under high temperatures shoul...
* U.S. net employment outlook unchanged from Q2 at -2 * Hiring prospects also stable in China, Britain, Japan * French, German employers indicate weaker hiring outlook * V-shaped jobs recovery less likely NEW YORK,...
WASHINGTON, May 8 - U.S. employers cut a smaller-than-expected 539,000 jobs in April, the smallest amount since October, according to government data on Friday that hinted at some improvement in the labor market and the...
CANBERRA, April 8 - The Australian government's leading indicator of employment fell for the 16th straight month in April, pointing to further slowing employment growth due to the economic downturn. The indicator fell to -0.579...
BEIJING, Feb 10 - China will make expanding employment a priority in setting economic and industry policy, said a government directive that also warned local officials their promotion prospects will hinge on job creation. The...
DHAKA, Dec 7 - Bangladesh has requested a $40 million loan from the World Bank to improve the efficiency and skill of workers and reduce poverty through employment generation, the bank said on Sunday. Bangladesh...
Ever wonder what makes prices fluctuate so frequently? Ever consider why your paycheck rarely does that? Wages are one of the big economic mysteries because they tend to be so rigid, and because wage rates fly in the face of a number of economic principles. Now economists are revisiting this minefield of a question to see if the old adage stands up to a new sort of recession.