About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
The latest figure from the Labor Department marked the 10th straight weekly decline in applications for jobless aid since they peaked in mid-March when the coronavirus hit hard. Still, the pace of layoffs remains historically high.
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Texas governor Greg Abbott said he plans to issue an executive order next week to reopen businesses in Texas, although he didn’t offer specific details.
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Dozens of student government executives wrote a letter recently urging the Department of Labor to block a merger between two giants of the textbook industry. In May, McGraw-Hill and Cengage announced they would be pursuing a merger. As two of the five major textbook publishers that currently have 80 percent of the market, this merger would form the second-largest textbook publisher in the US.
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by Tim Pearce The Department of Labor proposed a rule Thursday that would expand guaranteed overtime pay laws to roughly 1.1 million workers. The rule would raise the threshold of overtime pay protection from workers making under $23,660 a year to workers making $35,308 a year, regardless of whether…
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President Trump’s concept to merge the U.S. Department of Education with the Department of Labor lacks significant details and will be difficult to maneuver through a deeply divided Congress.
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Tennessee’s unemployment rates remain low and the state added 45,000 jobs the past year, the National Federation of Independent Business said. According to the March 2018 numbers from the Tennessee Department of Labor and Workforce Development, 82 of the state’s 95 counties saw lower unemployment rates that month than they…
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