A Chinese auto glass tycoon has caused a stir by shifting part of his empire to the United States and setting up a factory in Ohio, citing high taxes and soaring labour costs at home. Cao Dewang’s $600-million investment comes after Donald Trump threatened to declare Beijing a currency manipulator and slap 45 percent punitive […]
STUDY: America Created 10 Million New Jobs in Last Decade. Almost All Are Temp or Contract Gigs…
Ninety-four percent of the 10 million net new jobs created between 2005 and 2015 were either temporary or contract-based, not conventional 9-to-5 positions, according to a study by Princeton and Harvard economists. In that time period, the proportion of American workers engaged in some type of alternative employment…
Judge Blocks Obama Overtime Rule…
The Labor Department’s contentious overtime rule was blocked Tuesday by a federal judge in Texas, putting one of President Obama’s top regulatory initiatives in jeopardy…
U.S. Economic Outlook – Fed Res Chair Janet Yellen’s Remarks Before Joint Economic Committee…
The U.S. economy has made further progress this year toward the Federal Reserve’s dual-mandate objectives of maximum employment and price stability. Job gains averaged 180,000 per month from January through October, a somewhat slower pace than last year but still well above estimates…
Since 2014, the US Has Added 547,000 Waiters and Bartenders and Lost 32,000 Manufacturing Workers…
As another month passes, the great schism inside the American labor force get wider. We are referring to the unprecedented divergence between the total number of high-paying manufacturing jobs…
What Ford’s Decision to Move Small Car Production to Mexico Means for Michigan the U.S….
“Over the next two to three years, we will have migrated all of our small-car production to Mexico and out of the United States,” said Ford CEO Mark Fields. This isn’t exactly new, but it is jarring news for many…
Donald Trump’s Jobs Plan Speech (VIDEO and TRANSCRIPT)…
Today, I am going to talk about how to Make America Wealthy Again…
U.S. Jobs Growth in May Was Slowest in More Than Five Years…
U.S. gains just 38,000 new jobs as jobless rate falls to 4.7%…
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