Job Gains This Year Overstated by 1.1 Million, Philadelphia Fed Reveals
By Andrew Moran Labor data might have been overcounted by as much as 1.1 million jobs earlier this year, the Federal Reserve Bank of Philadelphia revealed in a new quarterly…
Automaker Stellantis lays off hundreds of American workers, blaming high cost of making electric cars
By Julia Musto Multinational automaker Stellantis is indefinitely closing an assembly plant in Illinois in February and laying off hundreds of workers, in large part due to the high cost…
Team Biden is using the IRS to attack the gig economy
Opinion by Glenn H. Reynolds Sorry, hipsters. A recent tweet says it all. “Sam Bankman-Fried: I don’t know where $10 billion went. The Pentagon: We don’t know where $2.2 trillion…
Elon Musk demands Twitter staff commit to ‘long hours’ or leave: Read the email
By Lora Kolodny New Twitter CEO and sole director Elon Musk sent a companywide email to remaining employees of the social media business on Wednesday, demanding they commit to working…
Woke Corporations’ Abortion Policies are an Insult to Women | Opinion
Opinion by Laurie Todd-Smith When I was the director of the Women’s Bureau at the U.S. Department of Labor, I was responsible for the development of policies and standards to…
Who’s moving to Texas? It’s a whole lot of high-income earners
By Jake C. Piazza, Texas is one of the most popular relocation states for high-income earning families, according to an analysis of tax filing data for 2019-20. The Lone Star…
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Biden must reverse course and protect independent contractors
Opinion by Tom Hebert, opinion contributor he Biden Department of Labor has announced that it is kicking off a rulemaking period to address the “misclassification of employees as independent contractors.”…
Were 20 million people on unemployment insurance when Biden took office?
By Louis Jacobson, PolitiFact.com Karine Jean-Pierre: When Joe Biden “walked into this administration … 20 million people were on unemployment insurance benefits.” PolitiFact’s ruling: False Here’s why: During a recent…
Caterpillar to move global HQ from Illinois to Texas
By Lucas Manfredi Construction and mining equipment giant Caterpillar will ditch Deerfield, Illinois and relocate its global headquarters to Irving, Texas. “We believe it’s in the best strategic interest of…
US Schools Facing Mass Exodus of Teachers Who Won’t Return This Fall
By Autumn Spredemann With the end of the academic year in sight, an overwhelming number of educators are planning to close the book on their teaching careers. Much of this…
Another nuclear plant closes: Get ready for electricity shortages
by Robert Bryce America’s electric grid is being mismanaged and consumers will pay a heavy price for that mismanagement. More evidence of that came with the recent closure of the…
Worker output fell 7.5% in the first quarter, the biggest decline since 1947
By Jeff Cox Worker productivity fell to start 2022 at its fastest pace in nearly 75 years while labor costs soared as the U.S. struggled with surging Covid cases, the…