Many seek pay raises to keep up with inflation. In the past few weeks, thousands of teachers in Ohio and Washington, nursing home workers in Pennsylvania, and health…
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President Celebrates Inflation Reduction Act
Hosts event on the White House lawn to express economic optimism. President Joe Biden gave a speech on the White House Lawn on Tuesday, celebrating the signing of…
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National Labor Relations Board Proposes Update
Trade groups concerned by possible negative impact joint-employer status. The National Labor Relations Board (NLRB) has released a Notice of Proposed Rulemaking suggesting potential changes to the joint-employer…
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First Lady Kicks Off Apprenticeship Ambassador Program
Secretaries Raimondo and Walsh join the commencement. Secretary of Labor Marty Walsh and Secretary of Commerce Gina Raimondo joined First Lady Jill Biden at the White House last…
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White House to Invest $100 Million Toward Teacher Shortage
Funding will come through the American Rescue Plan. President Biden’s administration has announced a series of new funding aids to help schools fill their vacant teaching positions. Secretary of…
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Job Openings Increased in July
The hiring pace slowed for the fourth month in a row. The U.S. Department of Labor announced Tuesday that job openings rose in July as employers become less…
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World Economists Expect Economic Volatility to Persist
Members of the Federal Reserve participate in an annual economic symposium. Economic leaders from around the world, including members of the U.S. Federal Reserve, participated in an annual…
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Federal Reserve Board Meets in Wyoming
Chairman Powell says efforts to reduce inflation will “bring some pain.” Members of the Federal Reserve have been meeting in Jackson Hole, Wyoming, and on Friday, Chairman Jerome…
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Administration Forecasts $1.7 Trillion Deficit Reduction
The amount is lower than what they estimated in March. The Office of Management and Budget said the federal deficit will decline by $1.7 trillion this year, representing…
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U.S. Experiences Decline in Worker Productivity
The annual rate shows the largest drop on record. The Labor Department reported Tuesday that U.S. worker productivity fell sharply in the second quarter. On an annualized basis,…
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