Chipotle raising prices to offset its $15 minimum wage hike
Chipotle announced it would be raising menu prices by as much as 4% to offset the cost of the employee pay raises announced last month.
Chipotle announced it would be raising menu prices by as much as 4% to offset the cost of the employee pay raises announced last month.
US economy shows growth despite lacking enough workers, supplies
Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.
Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.
Biden 'extremely optimistic' about May jobs report, economists less so
President Joe Biden said the latest jobs report leaves room for optimism. However, economists were disappointed with the latest numbers.
President Joe Biden said the latest jobs report leaves room for optimism. However, economists were disappointed with the latest numbers.
Restaurant labor shortage may force higher wages for workers
Critics claim unemployment benefits are keeping people out of the restaurant workforce. But workers and labor organizers say that the reality is more complex, and that food service workers haven't been paid a living wage.
Critics claim unemployment benefits are keeping people out of the restaurant workforce. But workers and labor organizers say that the reality is more complex, and that food service workers haven't been paid a living wage.
Sales of new US homes fell 5.9% in April in wake of soaring house prices in March
Sales of new homes fell a bigger-than-expected 5.9% in April, a drop that analysts blamed in part on soaring home prices.
Sales of new homes fell a bigger-than-expected 5.9% in April, a drop that analysts blamed in part on soaring home prices.
US achieves another pandemic low with 444,000 new unemployment claims
The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease.
The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease.
CEO: Colonial paid $4.4 million to pipeline hackers, report says
Colonial Pipeline CEO Joseph Blount told the Wall Street Journal he authorized the payment after the May 7 ransomware attack because the company didn't know the extent of the damage and wasn't sure how long it would take to bring the pipeline's systems back.
Colonial Pipeline CEO Joseph Blount told the Wall Street Journal he authorized the payment after the May 7 ransomware attack because the company didn't know the extent of the damage and wasn't sure how long it would take to bring the pipeline's systems back.
Connecticut offers $1K bonus to 10K unemployed people who get full-time job
Connecticut Gov. Ned Lamont said the state will pay $1,000 to the first 10,000 people who complete eight straight weeks of a full-time job, aiming to get long-term unemployed Americans back to work.
Connecticut Gov. Ned Lamont said the state will pay $1,000 to the first 10,000 people who complete eight straight weeks of a full-time job, aiming to get long-term unemployed Americans back to work.
Unemployment claims fall to 473,000, another pandemic low
The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen.
The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen.
Biden touts economic recovery plan as Treasury Dept. starts paying out $350B in state and local aid
President Biden on Monday announced steps to make it easier for employers to hire new workers and touted the country’s economic recovery plan following a disappointing April jobs report.
President Biden on Monday announced steps to make it easier for employers to hire new workers and touted the country’s economic recovery plan following a disappointing April jobs report.
Chamber of Commerce calls for end to enhanced jobless aid
The U.S. Chamber of Commerce is calling for Washington to immediately stop paying out-of-work Americans an extra $300 a week in unemployment benefits, saying the boost in government aid is giving some recipients less incentive to look for work.
The U.S. Chamber of Commerce is calling for Washington to immediately stop paying out-of-work Americans an extra $300 a week in unemployment benefits, saying the boost in government aid is giving some recipients less incentive to look for work.
Biden says economic recovery a marathon, not a sprint amid weak jobs report
U.S. employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers.
U.S. employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers.
In new pandemic low, unemployment numbers fall to 498,000
The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers step up spending.
The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers step up spending.
President Biden marks 100th day in office in Georgia pushing new spending plan
President Joe Biden emphasized how important Georgia was in helping push his administration's agenda in his first 100 days in office by spending the day in the state, meeting with former President Jimmy Carter and holding a rally in metro Atlanta.
President Joe Biden emphasized how important Georgia was in helping push his administration's agenda in his first 100 days in office by spending the day in the state, meeting with former President Jimmy Carter and holding a rally in metro Atlanta.
Unemployment claims fall to 553,000
The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last March and another sign the economy is recovering from the coronavirus recession.
The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last March and another sign the economy is recovering from the coronavirus recession.
US economy grew at a robust 6.4% rate last quarter
The U.S. economy grew at a brisk 6.4% annual rate last quarter — a show of strength fueled by government aid and declining viral cases that could drive further gains as the nation rebounds with unusual speed from the pandemic recession.
The U.S. economy grew at a brisk 6.4% annual rate last quarter — a show of strength fueled by government aid and declining viral cases that could drive further gains as the nation rebounds with unusual speed from the pandemic recession.
Biden pushes for labor unions with executive order establishing new White House task force
President Joe Biden signed an executive order Monday establishing a new White House task force aimed at promoting labor unions across the country.
President Joe Biden signed an executive order Monday establishing a new White House task force aimed at promoting labor unions across the country.
Unemployment claims fall to 547,000, a new pandemic low
The number of Americans applying for unemployment aid fell last week to 547,000, a new low since the pandemic struck and a further encouraging sign that layoffs are slowing on the strength of an improving job market.
The number of Americans applying for unemployment aid fell last week to 547,000, a new low since the pandemic struck and a further encouraging sign that layoffs are slowing on the strength of an improving job market.
Unemployment claims fall to 576,000, lowest since COVID-19 pandemic began
The number of Americans applying for unemployment benefits fell sharply last week to 576,000, a hopeful sign that layoffs are easing as the economy recovers from the pandemic recession.
The number of Americans applying for unemployment benefits fell sharply last week to 576,000, a hopeful sign that layoffs are easing as the economy recovers from the pandemic recession.
LinkedIn adding ‘stay-at-home parent’ to official job titles
LinkedIn is rolling out a variety of updates, which includes adding “stay-at-home mom/dad/parent” as official job titles to better explain career gaps.
LinkedIn is rolling out a variety of updates, which includes adding “stay-at-home mom/dad/parent” as official job titles to better explain career gaps.