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Intel agrees to $5M settlement with federal labor department
Chipmaker Intel reached a $5 million settlement with the U.S. Department of Labor over allegations of “systemic pay discrimination†against women, African-American and Hispanic employees. The company will pay $3.5 million in back pay and interest.....»»
Labor dept. seeks employees for $1.9M in back pay & damages
The U.S. Department of Labor recovered nearly $2 million stemming from a 2016 back-pay case against a Main Line company, and it now says over 8,000 employees may be eligible to receive payment. The Labor Department in 2016 said Malvern, Pa.-based A.....»»
Workers allegedly held in captivity by construction subcontractor in San Jose pay theft case
An unlicensed subcontractor hired by San Jose, California-based Full Power Properties allegedly held 22 workers in captivity and recently paid the workers for back wages, according to an announcement by the U.S. Department of Labor......»»
Economic Report: Job openings inch up in June to third-highest level on record
There were 6.66 million job openings at the end of June, the Labor Department said Tuesday, up fractionally from May’s levels and the third highest in history. The series dates back to 2000......»»
Long Beach cargo logistics firm to pay $3.5 million in back wages and benefits
The U.S. Department of Labor said logistics f.....»»
Jobless Claims Starting to Pick Back Up
The U.S. Department of Labor released its reading on weekly jobless claims, which rose by 3,000 to 224,000. The prior week’s reading was revised up 5,000 to 221,000......»»
Louisville restaurants accused of not paying overtime in federal suit
The U.S. Department of Labor has filed a lawsuit against Louisville's two North End Cafe restaurants, alleging that the restaurant owes more than $130,000 in back wages to at least 18 employees. A DOL spokesperson confirmed to Louisville Business Fi.....»»
Producer Price Index Moves From Inflation Back to Deflation
The Department of Labor reported that the Producer Price Index for final demand fell more than expected in December......»»
This Day In Market History: The Department Of Commerce And Labor Is Born
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On this day in 1903, under the Roosevelt administration, Congress established the U.S. Department of Commerce and Labor. read more.....»»
Jobless claims set new pandemic low as GOP-led states move to slash unemployment benefits
Some 444,000 Americans filed initial unemployment claims last week, the Labor Department reports......»»
McDonald"s, Amazon Hike Wages To Lure More Workers Back To Labor Market
McDonald"s, Amazon Hike Wages To Lure More Workers Back To Labor Market.....»»
McDonald"s Hikes Wages In Bid To Lure More Workers Back To Labor Market
McDonald's Hikes Wages In Bid To Lure More Workers Back To Labor Market McDonald's restaurants across the country have become so desperate to recruit workers, that some restaurants have resorted .....»»
: Some states are cutting unemployment payments to push people back to work — are extra benefits really keeping Americans out of the labor force?
'The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market,' the U.S. Chamber of Commerce said......»»
: Some states are cutting federal unemployment benefits to jolt people back to work — but are extra benefits really keeping Americans out of the labor force?
'The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market,' the U.S. Chamber of Commerce said......»»
: Montana offers $1,200 to get people back to work — but are extra unemployment benefits really keeping Americans out of the labor force?
'Montana is open for business again, but I hear from too many employers throughout our state who can’t find workers,' said Montana Gov. Greg Gianforte, a Republican......»»
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.....»»
Dow jumps over 300 points to log 23rd record close in 2021 and S&P 500 ends back above 4,200 amid late-session surge
U.S. stocks on Thursday finished a tumultous day firmly in positive territory and the Dow registered back-to-back record closes, supported by a round of strong corporate earnings and signs of continued improvement in the labor market as reflected in th.....»»
Economic Report: First-quarter U.S. productivity rebounds at 5.4% rate
U.S. labor productivity rose at a 5.4% annualized rate in the first quarter, the Labor Department said Thursday......»»
Biden Labor Department repeals Trump-era rule on classifying gig workers
The Biden administration has nullified a Trump-era rule that would have made it easier to classify workers as independent contractors, blocking a .....»»
Department of Labor comments incrementally encouraging for Uber/Lyft, says Cowen
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.....»»