The central bank said Wednesday it would leave interest rates near zero and maintain its aggressive program of bond purchases in hopes of encouraging a faster rebound from the pandemic recession. Continue Reading Federal Reserve Will Read More
A long-awaited update to federal overtime rules means about 1.3 million workers will be entitled to extra pay when they work more than 40 hours a week. But critics say it doesn't go far enough. Continue Reading 1.3 Million More Read More
The president offered the Washington attorney the job, and he accepted. He's 55 and a partner at a firm where he handles labor and employment cases. Continue Reading President Trump To Nominate Eugene Scalia, Late Read More
This year U.S. women who graduated from college will likely make up a majority of adults with degrees in the labor force. The increase could signal greater earning potential for women in the future. Continue Reading New Read More
The jobless rate last month was the lowest since 1969, though the economy added a less-than-expected 134,000 jobs, the Bureau of Labor Statistics said. Wage growth slowed to a 2.8 percent rate. Continue Reading Unemployment Rate Drops To 3.7 Read More
The pitch goes all-in on workforce development and imagines a mobile-first platform for student borrowers. It's part of a proposal to restructure federal government. Congress would have to approve. Continue Reading White House Proposes Merging Read More