Labor economy

August 01, 2019 - 10:55 am
WARSAW, Poland (AP) — Poland on Thursday scrapped its personal income tax for young employees earning less than $22,000 a year, as part of a drive to reverse a brain drain and demographic decline that's dimming the prospects of a country that is otherwise experiencing strong economic growth. A new...
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FILE - In this July 18, 2019, file photo a roofer works on a new home under construction in Houston. On Wednesday, July 31, the Labor Department reports on wages and benefits for U.S. workers during the April-June quarter. (AP Photo/David J. Phillip, File)
July 31, 2019 - 8:43 am
WASHINGTON (AP) — The annual wages and benefits for U.S. workers rose in the second quarter at a slightly slower pace than the first, suggesting that the lowest unemployment levels in a half century have not triggering rapid gains in worker compensation. The Labor Department reported Wednesday that...
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President Donald Trump talks with reporters before departing for an event to celebrate the 400th anniversary celebration of the first representative assembly at Jamestown, on the South Lawn of the White House, Tuesday, July 30, 2019, in Washington. (AP Photo/Evan Vucci)
July 30, 2019 - 6:14 pm
WASHINGTON (AP) — President Donald Trump is claiming a groundswell of African American support in response to his comments denigrating Democratic Rep. Elijah Cummings and the congressman's majority-black Baltimore district, despite polling showing consistently negative numbers. Speaking to...
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FILE - In this July 10, 2019, file photo shoppers visit the downtown Target Store in Minneapolis. On Tuesday, July 30, the government reports on the pace of consumer spending in June. (AP Photo/Jim Mone, File)
July 30, 2019 - 8:45 am
WASHINGTON (AP) — Consumer spending rose a healthy 0.3% in June, slightly below the strong gains of the past three months, while incomes turned in a solid 0.4% gain for the fourth straight month. The Commerce Department said Tuesday that the spending increase followed strong gains of 1% in March, 0...
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FILE - In this July 22, 2019, file photo trader William Lawrence works on the floor of the New York Stock Exchange. U.S. stocks moved lower in early trading on Wall Street Monday, July 29, as investors pulled back after pushing stocks to record highs last week. (AP Photo/Richard Drew, File)
July 29, 2019 - 3:53 pm
Stocks headed lower in late-afternoon trading on Wall Street Monday, placing the market on track to give back some of its gains after reaching new highs last week. The cautious start to the week came about as investors looked ahead to a busy week of potential market-moving developments, including...
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In this July 23, 2019, photo, auto repairman Terrance Holmes is interviewed in Detroit. When Barack Obama was on the ballot in 2008 and 2012, there was no question that Holmes would vote for the first black president. But as he helped fix cars at a repair shop on Detroit's west side, he recalled his ambivalence about the 2016 campaign. He hasn't paid much attention to the early Democratic primary and didn't know that two high-profile black candidates are running. But he vowed to help vote President Donald Trump out of office in 2020, regardless of which Democrat emerges as his challenger. (AP Photo/Carlos Osorio)
July 26, 2019 - 3:54 pm
DETROIT (AP) — When Barack Obama was on the ballot in 2008 and 2012, there was no question that Terrance Holmes would vote for the first black president. But as he helped fix cars this week at a repair shop on Detroit's west side, he recalled his ambivalence about the 2016 campaign. "I just didn't...
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July 17, 2019 - 7:14 pm
WASHINGTON (AP) — House Democrats and Republicans joined in a rare show of unity Wednesday, voting overwhelmingly to repeal an unpopular tax on generous health insurance that's a symbol of former President Barack Obama's signature health care law. The so-called "Cadillac tax" never went into effect...
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July 16, 2019 - 10:02 am
HARARE, Zimbabwe (AP) — Representatives of Zimbabwe's government workers Tuesday protested against what they called "slave salaries" as inflation almost doubled to 176%, a decade high that highlights the country's rapidly deteriorating economy. Holding placards and singing songs denouncing the...
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FILE - In this March 11, 2019 file photo, Gary Jones, president of the United Auto Workers union addresses delegates to the union's bargaining convention in Detroit. In recent years, Detroit automakers have been at relative peace with the UAW union because times have been good and profit-sharing checks have been fat. That all could change this week when talks open Monday, July 15 on new four-year contracts with the union representing 142,000 workers across the nation. Auto companies want to cut labor costs and end a gap with those at foreign-owned factories in the U.S. At bargaining convention in March, Jones told delegates that the union is raising strike pay and said the union would walk out if necessary. (AP Photo/Carlos Osorio, File)
July 15, 2019 - 12:14 pm
DETROIT (AP) — Contract talks between the United Auto Workers union and Detroit's three automakers are kicking off with the union taking a far less conciliatory stance than past years. Union President Gary Jones said Monday that the companies have made record profits in recent years and members...
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Labor Secretary Alex Acosta, right, accompanied President Donald Trump, left, speaks to members of the media on the South Lawn of the White House in Washington, Friday, July 12, 2019, before Trump boards Marine One for a short trip to Andrews Air Force Base, Md. and then on to Wisconsin. Trump says Labor Secretary Alex Acosta to step down, move comes in wake of handling of Jeffrey Epstein case. (AP Photo/Andrew Harnik)
July 12, 2019 - 6:01 pm
WASHINGTON (AP) — Adding to the lengthy list of departures from President Donald Trump's Cabinet, Labor Secretary Alexander Acosta said Friday he's stepping down amid the tumult over his handling of a 2008 secret plea deal with wealthy financier Jeffrey Epstein, who is accused of sexually abusing...
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