US LABOR BOARD SAYS AMAZON ILLEGALLY FIRED TWO EMPLOYEES WHO CRITICISED ITS WORK CONDITIONS

Highlights

• The charge filed in October and seen by Reuters, Amazon had fired Emily Cunningham and Maren Costa

• The US National Labor Relations Board on Monday said that its regional director is Seattle will be issuing a complaint if the parties are not able to set...

US PRODUCTIVITY SLUMPS SHARPLY AT 4.8% RATE IN OCTOBER-DECEMBER QUARTER

Highlights

• The report released on Thursday stated that after rising strongly in the first two quarters, the productivity fell at a rate of 4.8 percent in the last quarter

• The labor costs has gone up by 6.8 percent rate in the quarter ended in December after it we...

U.S. ECONOMY SHEDS JOBS FOR THE FIRST TIME SINCE APRIL IN THE MONTH OF DECEMBER

Highlights

• The data for November was revised up to show 336,000 jobs went up instead of 245,000 as reported earlier

• While the labor market is suffering, the chances of economy falling back into the recession is very low courtesy of the $900 billion stimulus appro...

U.S. JOBLESS CLAIMS JUMP TO A THREE-MONTH HIGH

Highlights

• The number of US citizens filing for first-time claims for jobless benefits went up to a near three-month high in the last week

• The number of claims for state unemployment benefits went up by 137,000 to seasonally adjusted 853,000 for the last week, wh...

U.S. ECONOMY ADDED 638,000 JOBS IN OCTOBER

Highlights

• Despite rise in the coronavirus cases, the US labor market managed to add 638,000 jobs in the month of October beating forecasts

• Meanwhile the U.S. unemployment rate went down to 6.9 percent from 7.9 percent and currently stands at roughly half of the ...

1.5 MILLION AMERICANS FILE FOR UNEMPLOYMENT BENEFITS: US LABOR DEPT. REPORTS DECLINING JOBLESSNESS IN THE US

Highlights: 
•    Federal government introduced an unemployment benefits scheme for the gig workers and the self-employed. Consequently, more people filed for benefits
•    The unemployment rate in the US is declining steadily