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Severe trucker shortage in U.S. could undermine the entire economy

Faced with more than 63,000 open jobs this year — and counting — trucking companies are hiking pay significantly, offering bonuses and even recruiting people they previously wouldn’t have considered. But it’s not working......»»

Category: topSource: washpostJun 28th, 2018

A healthy US economy’s secret ingredient: Immigrant workers, eager to fill jobs

Millions of jobs that new immigrants have been filling in the United States appear to solve a riddle that has confounded economists for at least a year: How has the U.S. economy managed to prosper? MIAMI — Having fled economic and political c.....»»

Category: topSource: chicagotribuneApr 12th, 2024

Daily Digest: Frontier Airlines heightens SFO service; Tech unicorn to cut hundreds of S.F. jobs

Good morning, Bay Area. Starting your daily roundup with the economy, the consumer price index rose 3.5% in March, higher than expectations and marking an uptick in inflation. In local transportation, Caltrans said a new section of southbound H.....»»

Category: topSource: bizjournalsApr 10th, 2024

Biden $2.3 trillion infrastructure plan backs electric vehicles, semiconductors in move to green jobs

President Joe Biden’s $2.3 trillion infrastructure proposal would seek to accelerate certain sectors of the economy with the belie.....»»

Category: topSource: chicagotribuneMay 17th, 2021

Bidenomics has been hit with a weak jobs report, gas shortages, and inflation fears. The White House says it isn"t getting knocked off course.

The Biden administration is pushing ahead with $4 trillion in spending to overhaul the economy. But tough headlines in May are challenging that. President Joe Biden. T.J. Ki.....»»

Category: smallbizSource: nytMay 15th, 2021

Gig-economy jobs and how to manage the irregular income

The pros and cons of working in the gig economy. Adapted from “What to Do With Your Money When Crisis Hits: A Survival Guide,” to be published Tuesday by HMH......»»

Category: topSource: washpostMay 14th, 2021

Gig-economy jobs and how to manage the irregular income

The pros and cons of working in the gig economy. Adapted from “What to Do With Your Money When Crisis Hits: A Survival Guide,” to be published Tuesday by HMH......»»

Category: topSource: washpostMay 14th, 2021

Unpaid care-economy work amounts to $11 trillion per year, BofA estimates

Unpaid care work at just a minimum wage would amount to 9% of global GDP, BofA finds, projecting 269 million new jobs from th.....»»

Category: personnelSource: nytMay 12th, 2021

U.S. picked up just 266,000 jobs in April, well below expectations as economy struggles to rebound

A growing fight between the White House and Republicans over workers and incentives has cast a new light on the labor market......»»

Category: topSource: washpostMay 7th, 2021

April"s terrible jobs report shows the 2019 economy is not coming back and that"s a problem

Only 266,000 jobs were added last month but the US needs much more. It shows consumer spending and the work force won't align in the reshaped economy. The US is reopening to a reshaped economy where consumer spending is recovering faste.....»»

Category: topSource: businessinsiderMay 7th, 2021

How April"s dismal jobs report is setting the stage for Biden"s $4 trillion economic fight with the GOP

Democrats and Republicans drew opposite conclusions from April's jobs report and the way forward in healing an economy battered by the pandemic. President Joe Biden pauses as he speaks about the April jobs r.....»»

Category: personnelSource: nytMay 7th, 2021

April"s dismal jobs report shows the 2019 economy is not coming back and that"s a problem

Only 266,000 jobs were added last month but the US needs much more. It shows consumer spending and the work force won't align in the reshaped economy. The US is reopening to a reshaped economy where consumer spending is recovering faste.....»»

Category: personnelSource: nytMay 7th, 2021

The Fed: Fed’s Kashkari says April jobs report shows just how far economy has to go

Minneapolis Fed President Neel Kashkari said Friday the surprisingly weak April job report was an example of how far the economy is from full employment......»»

Category: topSource: marketwatchMay 7th, 2021

Economic Report: U.S. gains just 266,000 jobs in April ‘in a huge disappointment’

The U.S. created just 266,000 new jobs in April even as the economy gained strength, suggesting companies might be struggling to fill open jobs even with millions of people still unemployed. The jobless rate also rose to 6.1% from 6%......»»

Category: topSource: marketwatchMay 7th, 2021

Bond Report: 10-year Treasury yield falls below 1.50% on weak U.S. jobs report, then bounces back

U.S. Treasury yields were bouncing off their lows on Friday after a jobs report came in well below expectations, drawing puzzlement from analysts who had predicted the U.S. economy would add a million new jobs in April......»»

Category: topSource: marketwatchMay 7th, 2021

10-year Treasury yield slides below 1.50% after weaker-than-expected jobs report

Long-dated U.S. Treasury yields fell sharply on Friday after the Labor Department reported the economy had added 266,000 jobs in April, falling well short of the.....»»

Category: topSource: marketwatchMay 7th, 2021

Economy picked up just 266,000 jobs in April, well below expectations as economy struggles to rebound

A growing fight between the White House and Republicans over workers and incentives has cast a new light on the labor market......»»

Category: topSource: washpostMay 7th, 2021

The next great hurdle in building New York"s marijuana economy: workforce development

New York's cannabis industry could be worth $4.2 billion in the next six years and create anywhere from 30,000 to 60,000 new jobs. And that workforce is going to need training......»»

Category: topSource: bizjournalsMay 7th, 2021

Data Bank: Pandemic-afflicted economy remains inhospitable for hotel jobs in 2021

The pandemic wiped out 10 years of hotel job growth in the span of a year......»»

Category: topSource: bizjournalsMay 6th, 2021

Economy Linen begins construction on $20M west Dayton project

A local company is moving forward with a $20 million project that will create dozens of new jobs in west Dayton......»»

Category: topSource: bizjournalsMay 4th, 2021