Tag: labor

2024-10-25

Boeing machinists reject new labor contract, extending more than 5-week strike

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Business

Boeing workers from the International Association of Machinists and Aerospace Workers District 751 attend a rally at their union hall during an ongoing strike in Seattle, Washington, U.S. October 15, 2024.  David Ryder | Reuters Boeing machinists voted against a new labor deal that included 35% wage increases over four years, their union said Wednesday, extending a more than…

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2024-09-25

Boeing sweetens labor proposal in ‘best and final’ offer

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Business

Striking Boeing workers hold rally at the Boeing Portland Facility on September 19, 2024, in Portland, Oregon.  Jordan Gale | AFP | Getty Images Boeing on Monday sweetened its contract offer and said it was its “best and final” proposal for its more than 30,000 machinists as their strike, which has halted most of the aerospace giant’s aircraft production,…

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2024-08-31

8.31 Friday Faves and Labor Day finds

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Weight Loss

Hi friends! Happy long weekend to ya! I’m posting Friday Faves on a Saturday because it’s.been.a.week. (Actually a few weeks!) The Pilot finished up three weeks of night flying, so it’s been a lot of solo parenting around here since the girls started school. Earlier the week, I noticed that Maisey’s mouth looked weird. She was showing her “little…

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2024-08-22

Nonfarm payroll growth revised down by 818,000, Labor Department says

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Business

The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported Wednesday. As part of its preliminary annual benchmark revisions to the nonfarm payroll numbers, the Bureau of Labor Statistics said the actual job growth was nearly 30% less than the initially reported 2.9 million from April 2023 through…

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2024-08-09

Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market

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Business

Initial claims for unemployment insurance totaled less than expected last week, countering other signs that the labor market is weakening. First-time filings for jobless benefits came to a seasonally adjusted 233,000 for the week, a decline of 17,000 from the previous week’s upwardly revised level and lower than the Dow Jones estimate for 240,000, the Labor Department said Thursday….

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2024-08-06

San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens

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Business

Mary Daly, president of the Federal Reserve Bank of San Francisco, during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Friday, Feb. 16, 2024.  Graeme Sloan | Bloomberg | Getty Images San Francisco Federal Reserve President Mary Daly on Monday said she expects that interest rates will be cut later this year…

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