Worker compensation rose at slower rate than in 2018
Total salaries and benefits such as health insurance rose 2.7% in 2019, according to the government’s employment cost index, down from 2.9% in the previous year.
Job openings rise 3.3 percent in October
That suggests that businesses remain confident enough in the economic outlook to create more jobs.
U.S. work productivity falls for the first time in nearly 4 years
Some economists point to technologies, such as smartphones and mobile software, that aren't that economically useful. Others say that innovations like search engines, which are free to users, aren't properly captured in government data.
Watch 5:21
News Wrap: October jobs numbers exceed expectations, despite GM strike
In our news wrap Friday, the U.S. turned in better-than-expected October economic numbers. The Labor Department reports that employers added a net 128,000 jobs last month, and figures for August and September were revised upward. Also, former Texas Congressman Beto…
The Senate voted Thursday along party lines, 53-44, to approve the nomination.
Acosta is being assailed for his part in the secret 2008 plea deal he signed that let Epstein avoid federal prosecution on charges that he molested teenage girls. But he was unapologetic Wednesday as he declared his office did the…
The final jobs report of 2018 released Friday, boasting 312,000 jobs added in December, puts the U.S. economy on track for another relatively strong showing in 2019, with economists predicting a slowdown coming toward the end of the year.
Friday’s jobs report showed a quarter of a million jobs were added to the U.S. economy in October. The unemployment rate remained at its lowest rate in decades. And wages, up 3 percent year over year, grew the most they…
In our news wrap Friday, the Labor Department says employers added 157,000 jobs in July, fewer than expected, while overall unemployment dipped to 3.9 percent. Also, Beijing announced says its ready to impose levies on another $60 billion of imported…
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