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Less than six months ago, Federal Reserve officials were wringing their hands about the state of the labor market. No major cracks had emerged, but monthly jobs growth had slowed and the unemployment rate was steadily ticking higher. In a bid to preserve the economy’s strength, the Fed took the unusual step of lowering interest…
Follow live updates on the Trump administration here. As President Trump embarked on a sweeping crackdown on immigration upon his return to office this week, he left unresolved a rift that surfaced last month among some of his most influential supporters about the role of skilled foreign workers in the U.S. labor market. The split…
For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer true. The country is pumping more oil than ever and near-record amounts of gas. But the companies that extract, transport and process these fossil fuels employ roughly 25 percent fewer workers…
Ports on the East and Gulf Coasts could close next week if dockworkers and employers cannot overcome their big differences over the use of automated machines to move cargo. The International Longshoremen’s Association, the union that represents dockworkers, and the United States Maritime Alliance, the employers’ negotiating group, on Tuesday resumed in-person talks aimed at…
