Month after month, U.S. hiring keeps rising, and unemployment keeps falling. Eventually, pay and inflation are supposed to start surging in response. But that isn't happening, and economists are struggling to explain the phenomenon.
General Mills continues its layoffs with another plant closure, this time one of its Pillsbury facilities.
As you sip that ice-cold Coca-Cola, the workers who helped manufacture it are worrying about losing their jobs. Just this morning, Coca-Cola announced it will be laying off between 1,600 and 1,800 jobs throughout the next few months in an effort to help trim costs.
Manufacturing job growth increased dramatically in 2014 compared to the previous year, according to numbers from the federal Labor Department released Friday.
The ongoing fight over organizing workers at a Tennessee auto plant could jeopardize a massive incentive package aimed at expanding the facility.
The first full week of 2015 has been eventful for the manufacturing sector with no shortage of news making this week’s decision for ‘Winner’ and ‘Loser’ difficult. However, after careful consideration, Eben Bayer and Gavin McIntyre, co-founders of Ecovative, are this week’s ‘Winner’ while Fayetteville and Dayton, Tennessee receive the ‘Loser’ title.
Fewer Americans applied for unemployment benefits last week, a sign that employers expect ongoing economic growth and the need to hold onto workers.
Manufacturing.Net's Bridget Bergin recently had the chance to talk about trends in manufacturing and construction with Dan Parkinson, Industrial Market Sector Leader at Brasfield & Gorrie, one of the largest privately-held construction firms in the country.
U.S. businesses ramped up hiring last month in the latest sign that the nation's economy is expanding despite worries about global growth that have sent financial markets tumbling.
The company said it will shut down a plant in Lorain, Ohio, in March and lay off 614 workers. It said the move is temporary. U.S. Steel will also lay off 142 employees who work at a plant in Houston.
Although 2015 has just begun, it has already been a big year for advocates for a higher minimum wage. On Thursday, January 1, President Obama’s executive order to raise the minimum wage in new federal contracts to $10.10 an hour went into effect, benefiting about 200,000 workers.
The Associated Press recently reported on the dangers of noncompetition agreements for workers. The article mainly focused on minimum wage employees working outside of the manufacturing sector, however, this is an issue that translates across industries.
Non-competition agreements are better known in contracts for senior executives who have business secrets of interest to competitors. However, court records show the restrictions might trap them in their current jobs, allowing their employers to pay them lower salaries, experts said.
Laffer Associates Founder Art Laffer and Bloomberg Businessweek’s Peter Coy discuss the U.S minimum wage debate.
Editorial Director Jeff Reinke discussed the outlook for manufacturers in 2015 with Dan Miklovic, the Principal Analyst in Asset Performance Management at LNS Research. They covered topics such as Big Data, job creation and tech trends for the upcoming year.
Washington state's minimum wage will rise to the highest in the nation on Jan. 1.
Editorial Director Jeff Reinke discussed the outlook for manufacturers in 2015 with Matthew B. Elliott, Michigan State President, Global Commercial Banking, Bank of America Merrill Lynch. They talked about upcoming trends, the skilled labor shortage, and domestic expansion.
More than five years removed from the Great Recession, worries had taken hold at the start of the year that perhaps the world's largest economy had slid into a semi-permanent funk. But consumers, businesses and investors, after enduring a brutal winter, showed renewed vigor as the year wore on and set the United States apart from much of the world.
If you're looking for signs that the U.S. economy is growing and that the job market is improving, just talk to small business owners.
The number of Americans applying for unemployment benefits has reached its lowest level in seven weeks, a sign that the U.S. economy and job market are steadily improving.
A world leader in the development of label and specialty packaging solutions for global producers of consumer brands is expanding its manufacturing operations in Laurens County, S.C.
The project will create an estimated 20 jobs, and local officials have approved $3.1 million in incentives.
Obama ticked off the year's improvements, citing lower unemployment, a rising number of Americans covered by health insurance and a historic diplomatic opening with Cuba, as well as his executive action on climate change.
Lower oil prices are buoying Louisiana's fishermen, but putting the squeeze on others. Manuel Bojorquez reports on the threat to jobs in the state's oil industry.