Health care, with its robust demand for trained workers, seemed a promising industry for a large upward-mobility program, said Van Ton-Quinlivan, chief executive of the nonprofit.Futuro Health focuses on so-called […]
Wages and Salaries
Trending topics and news from the Wages and Salaries category
Back to news homeLabor Department Proposes Vast Expansion of Overtime Eligibility
In a move that could affect millions of workers, the Biden administration announced Wednesday that it was proposing to substantially increase the cutoff below which most salaried workers automatically receive […]
China’s Property Crisis Is Rippling Through the Economy
Once a beneficiary of China’s property boom, Lan Mingqiang is now an unwitting casualty of its unraveling.The financial troubles at one real estate company, Country Garden, have left him unable […]
Fed Chair Powell in Jackson Hole: Inflation Fight Isn’t Over
Jerome H. Powell, the chair of the Federal Reserve, pledged during a closely watched speech that his central bank would stick by its push to stamp out high inflation “until […]
UAW Votes to Authorize Strikes if Negotiations Fail
The United Auto Workers union said on Friday that 97 percent of its members had voted to authorize strikes against General Motors, Ford Motor and Stellantis if the union and […]
In a Hot Job Market, the Minimum Wage Becomes an Afterthought
Under New Hampshire law, Janette Desmond can pay the employees who scoop ice cream and cut fudge at her Portsmouth sweet shop as little as $7.25 an hour.But with the […]
First Solar Finds That Forced Labor Was Used in Its Malaysian Ops
First Solar, a leading U.S. solar panel manufacturer, said on Tuesday that an audit had found that migrant workers in its operations in Malaysia were victims of forced labor.The independent […]
Yellow, the Freight-Trucking Company, Declares Bankruptcy
Three years after receiving a $700 million pandemic-era lifeline from the federal government, the struggling freight trucking company Yellow is filing for bankruptcy.After monthslong negotiations between Yellow’s management and the […]
Automakers Face a Labor Showdown as the E.V. Era Looms
Detroit may be headed for a tumultuous labor showdown.The United Auto Workers union has made a bold opening bid in negotiations for new four-year collective bargaining agreements with General Motors, […]
Is Good News Finally Good News Again?
Good news is bad news: It had been the mantra in economic circles ever since inflation took off in early 2021. A strong job market and rapid consumer spending risked […]