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Moms, particularly Black moms, are bearing the brunt of job losses during the pandemic, setting back efforts to climb the economic ladder
“Sometimes I will be sleeping and wake up to think, What did we do wrong?” said Marie Lourdie Pierre-Jacques, who lost her job at Swissotel in October. Women, though 47% of the U.S. labor force last year, accounted for 55% of 20.....»»
Productivity and Costs Unit Labor to be reported at 08:30
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Productivity and Costs Unit Labor to be reported at 08:30
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Bond Report: U.S. Treasury yields extend climb despite disappointing jobs report
U.S. Treasury yields add to their climb on Friday after the monthly employment report from the Labor Department reflected the growing economic distress at the end of last year resulting from the third wave of coronavirus cases slowing business activity......»»
Earnings for workers climb 5.7 percent in first quarter
The typical U.S. worker earned $957 a week during the first quarter of 2020, according to a new report from the U.S. Bureau of Labor Statistics (BLS). That represented a 5.7 percent gain from the weekly median of $905 in the same quarter a year ago. (.....»»
U.S. fourth-quarter unit labor costs, productivity revised down
U.S. unit labor costs grew much slower than initially thought in the fourth quarter and were soft in 2019, suggesting inflation could remain tame despite tightening labor market conditions......»»
U.S. productivity rebounds in fourth quarter; labor costs growth slows
U.S. worker productivity rebounded in the fourth quarter, keeping labor costs in check......»»
Southwest quarterly profit falls on mounting 737 MAX costs
Southwest Airlines Co reported a 21% fall in fourth-quarter profit on Thursday due to Boeing 737 MAX costs and warned that it will likely extend flight cancellations beyond June as the jets look set to remain parked well into this year......»»
FedEx profit falls 40% amid higher costs, loss of Amazon
The package delivery company also cut its earnings expectations for the year. Its stock tumbled almost 7% in after-hours trading Tuesday......»»
Gasoline, rents lift U.S. consumer inflation in November
U.S. consumer prices increased solidly in November, which together with labor market strength could support the Federal Reserve's intention to keep interest rates steady indefinitely after reducing borrowing costs three times this year......»»
U.S. consumer inflation rises; Fed seen staying pat
U.S. consumer prices increased solidly in November, which together with labor market strength could support the Federal Reserve's intention not to cut interest rates again in the near term after reducing borrowing costs three times this year......»»
U.S. third-quarter labor cost growth cut; productivity soft
Growth of U.S. labor costs was not as robust as initially thought in the third quarter, suggesting inflation could remain tame in the near term......»»
U.S. third-quarter labor cost growth slashed; productivity weak
Growth of U.S. labor costs was not as robust as initially thought in the third quarter, suggesting inflation could remain tame in the near term......»»
U.S. productivity weak in third quarter; labor costs revised lower
U.S. worker productivity fell by the most in nearly four years in the third quarter, the government confirmed, while growth in unit labor costs was not as robust as initially thought......»»
U.S. third-quarter labor costs revised down; productivity weak
Growth of U.S. labor costs was not as robust as initially thought in the third quarter, suggesting inflation could remain tame for a while......»»
American worker productivity drops most since 2015 as labor costs shrink
U.S. worker productivity fell by the most in nearly four years in the third quarter, the government confirmed, while growth in unit labor costs was not as robust as initially thought......»»
Real Estate Notebook: Toll Brothers project adds fuel to apartment boom
The week's top real estate stories include a look at the soaring land prices, along with rising costs for construction labor, which are fundamental reasons new Midtown apartments are becoming more expensive with each passing year......»»
US Productivity Unexpectedly Plunges For The First Time Since 2015 As Labor Costs Surge
US Productivity Unexpectedly Plunges For The First Time Since 2015 As Labor Costs Surge .....»»
US Productivity Plunges Most Since 2015 As Unit Labor Costs Surge
US Productivity Plunges Most Since 2015 As Unit Labor Costs Surge .....»»
Strike costs GM $3 bn in profit
The 40-day labor strike cost GM around $3 billion in profit this year, pushing the automaker to slash its earnings forecast. But as Fred Katayama reports, shares rose on its sales gain in the U.S.......»»