Labor economy

This June 21, 2019, photo shows a "now hiring" sign at a McDonald's restaurant in Moss Point, Miss. On Wednesday, July 3, payroll processor ADP reports how many jobs private employers added in June. (AP Photo/Rogelio V. Solis)
July 03, 2019 - 8:28 am
WASHINGTON (AP) — U.S. companies added just 102,000 jobs in June as small businesses and construction firms shed workers, a private survey found. Payroll processor ADP said Wednesday that the meager gains — after just 41,000 jobs were added in May — indicate a slowdown in the economy. Businesses...
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FILE - In this May 6, 2019, file photo, a woman looks at display boards at the Australian Stock Exchange in Sydney, Australia. Australia's central bank has cut its benchmark interest rate by a quarter of a percentage point to a new record low of 1% in a bid to boost the economy. (AP Photo/Rick Rycroft, File)
July 02, 2019 - 2:44 am
CANBERRA, Australia (AP) — Australia's central bank cut its benchmark interest rate by a quarter of a percentage point on Tuesday to a record low of 1% in a bid to boost the economy. The cut is the second in consecutive months. Previously the Reserve Bank of Australia had not shifted the rate in...
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FILE - In this May 6, 2019, file photo, a woman looks at display boards at the Australian Stock Exchange in Sydney, Australia. Australia's central bank has cut its benchmark interest rate by a quarter of a percentage point to a new record low of 1% in a bid to boost the economy. (AP Photo/Rick Rycroft, File)
July 02, 2019 - 1:01 am
CANBERRA, Australia (AP) — Australia's central bank cut its benchmark interest rate by a quarter of a percentage point on Tuesday to a new record low of 1% in a bid to boost the economy. The cut is the second in consecutive months. Previously the Reserve Bank of Australia had not shifted the rate...
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July 01, 2019 - 6:46 am
FRANKFURT, Germany (AP) — The unemployment rate in the 19 European Union countries that use the euro fell to its lowest in more than a decade in May as domestic demand and low interest rates help keep the recovery going. Official figures Monday showed the jobless rate declined to 7.5 percent from 7...
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July 01, 2019 - 6:16 am
FRANKFURT, Germany (AP) — The unemployment rate in the 19 European Union countries that use the euro fell to its lowest in more than a decade in May as domestic demand and low interest rates help keep the recovery going. Official figures Monday showed the jobless rate declined to 7.5 percent from 7...
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FILE - In this May 7, 2019, file photo a clerk restocks items in a newly-opened Amazon Go store in New York. On Friday, June 28, the Commerce Department issues its May report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Mark Lennihan, File)
June 28, 2019 - 9:43 am
WASHINGTON (AP) — Consumer spending increased 0.4% in May, a modest gain that suggests Americans remain confident enough about the economy's outlook to keep shopping. The Commerce Department said Friday that incomes rose 0.5% and inflation remained tame, increasing just 1.5% in the past year. Still...
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FILE - In this May 7, 2019, file photo a clerk restocks items in a newly-opened Amazon Go store in New York. On Friday, June 28, the Commerce Department issues its May report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Mark Lennihan, File)
June 28, 2019 - 9:16 am
WASHINGTON (AP) — Consumer spending increased 0.4% in May, a modest gain that suggests Americans remain confident enough about the economy's outlook to keep shopping. The Commerce Department said Friday that incomes rose 0.5% and inflation remained tame, increasing just 1.5% in the past year. That'...
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FILE - In this May 7, 2019, file photo a clerk restocks items in a newly-opened Amazon Go store in New York. On Friday, June 28, the Commerce Department issues its May report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Mark Lennihan, File)
June 28, 2019 - 8:42 am
WASHINGTON (AP) — Consumer spending increased 0.4% in May, a modest gain that suggests Americans remain cautious about their finances. The Commerce Department said Friday that incomes rose 0.5% and inflation remained tame, increasing just 1.5% in the past year. That's far below the Federal Reserve'...
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People squeeze on to a bus in Havana, Cuba, Thursday, June 27, 2019. Cuban President Miguel Díaz-Canel says the country's governing council has approved economic measures including a rise in state salaries, long seen as a first step toward ending the country's dual-currency system which is expected to create a chain reaction that includes higher inflation. (AP Photo/Ismael Francisco)
June 27, 2019 - 8:57 pm
HAVANA (AP) — The Cuban government said Thursday that it is raising state salaries as part of a broader package of economic reforms, but it revealed no details of its larger plan beyond increasing worker compensation. A salary increase has long been seen as one of the first steps in the unification...
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A worker carries scaffolding as he walks to a job in Havana, Cuba, Thursday, June 27, 2019. Cuban President Miguel Díaz-Canel says the country's governing council has approved economic measures including a rise in state salaries, long seen as a first step toward ending the country's dual-currency system which is expected to create a chain reaction that includes higher inflation. (AP Photo/Ismael Francisco)
June 27, 2019 - 8:34 pm
HAVANA (AP) — The Cuban government said Thursday that it is raising state salaries as part of a broader package of economic reforms, but it revealed no details of its larger plan beyond increasing worker compensation. A salary increase has long been seen as one of the first steps in the unification...
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