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YOU WONT BELIEVE: 2 | Mind Blowing Facts

Labor nominee Chavez-DeRemer backs away from pro-union bill - Roll Call

Former Rep. Lori Chavez-DeRemer distanced herself from a pro-union bill she once backed at her confirmation hearing for Labor secretary.

Roll Call

A federal judge is to consider whether to block DOGE access to the US Labor Department

A federal judge will consider whether to block Trump adviser Elon Musk’s team from accessing systems at the Labor Department, which has investigated the billionaire’s companies

The Independent UK

Elon Musk's DOGE Blocked from Accessing Labor Department Data in Stunning Win for Unions

A federal judge temporarily blocked Elon Musk's Department of Government Efficiency from accessing Labor Department data, marking a major win for unions.

Latin Times

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Judge blocks Biden administration's rule to expand overtime pay for millions

A federal judge in Texas has blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S. In a Friday ruling, U.S. District Judge Sean Jordan sided with the state of Texas and a group of business…

The Independent UK

What's behind the widening gender wage gap?

The first widening of the gender wage in 20 years is the latest indication that many women have paid a price for leaving the workforce at the height of the COVID-19 pandemic, either because they lost their jobs or because they quit because of caretaking responsibilities

The Independent UK

US Insurance Industry Fights Regulation To Scrap Agent Commissions, Boosting Retirement Savings By $3B Annually

A dozen insurance industry groups have secured national stay orders from two Federal courts on a new retirement protection regulation that compels agents to sell products in their client's best interests during 401(k)-IRA rollovers.

International Business Times UK

US Jobs Data Point To Weaker Than Expected Market

The US jobs market was probably cooler than expected in the year through March, Labor Department data showed Wednesday, signaling weaker but still-positive growth.

International Business Times

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US Extends Hiring Cooldown While Unemployment Highest Since 2021

The US jobs market cooled much more than expected in July with the unemployment rate reaching its highest since late 2021, government data showed Friday, paving the way towards post-pandemic interest rate cuts.

International Business Times

US added just 114,000 jobs in July, unemployment rate hits 4.3% as interest rates take economic toll

U.S. hiring decelerated sharply last month in the face of high interest rates as employers added a weak 114,000 jobs

The Independent UK

Stocks Tick Higher After U.S. PPI Data and Big Bank Earnings

September S&P 500 E-Mini futures (ESU24) are trending up +0.12% this morning, stabilizing after yesterday’s tech-led selloff, with investors looking ahead to crucial U.S. producer inflation data and earnings reports from some of the biggest U.S. banks.

Barchart

New Labor Department Rule Strengthens Protections For Farmworkers

New Labor Department rule enhances legal protections for temporary farmworkers under H-2A program, addressing abuse, unsafe conditions, and illegal recruit...

Top News

New Biden administration rule to make millions more salaried workers eligible for overtime pay

The Labor Department announced a new rule that will extend overtime pay to salaried workers who earn less than $43,888 annually. It will go into effect July 1

Latin Times

US Consumer Inflation Cools Less Than Expected In January

US consumer inflation slowed less than anticipated last month, according to government data released Tuesday, as President Joe Biden battles to assuage households' worries over costs of living while he seeks reelection.

International Business Times

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Reason

Labor Department's New Regs Aim To Rescue Gig Workers From Their Own Preferences

Biden undid Trump-era rules for independent contractors, but the new rule will likely last only until another Republican is elected president. This is no way to regulate an economy.

International Business Times

New US Labor Rule May Help Gig Workers Qualify As Employees

A rule issued Tuesday by the US Labor Department making it tougher for companies to classify workers as "independent contractors" could take a toll on the gig economy -- and is likely to face challenges.

The Guardian - UK

‘It should never have happened’: death of boy, 16, at sawmill highlights rise of child labour in US

Michael Schuls died after getting trapped in dangerous machinery at a mill in Wisconsin. But across the US conservative groups are pushing to loosen laws that protect children in the workplace

Ballotpedia

Federal court rules in favor of Biden ESG retirement rule

Judge Matthew J. Kacsmaryk of the United States District Court for the Northern District of Texas issued a ruling on Sept. 21 refusing to block the Biden Labor Department’s investment rule allowing ESG considerations in retirement plans governed by the Employee Retirement Income Security Act of 1974 (ERISA). Texas and…

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The Independent UK

Top US poultry producers face federal investigation over claims of child migrants cleaning slaughterhouses

‘We are long past the day when brands can say that they don’t know that they have child labor in their supply chain,’ the chief legal officer for the Labor Department said

Ballotpedia

Federal court rules in favor of Biden ESG retirement rule

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

Roll Call

Labor Department to give overtime protection to salaried workers - Roll Call

The Labor Department is proposing to make it more costly for employers to avoid paying overtime by making workers salaried employees.

Chicago Sun-Times

Dollar Tree and Family Dollar agree to pay fine and improve worker safety

Labor Department officials cited issues at the stores including blocked exits, unsafe storage of materials and improper access to fire extinguishers and electrical panels.

Tribune News Service

US applications for jobless benefits fall to 2-month low

U.S. applications for unemployment benefits fell last week to the lowest level in two months, suggesting resilient demand for workers amid a moderation in job gains.

Zenger

Cryptocurrencies Trade In Red As U.S. Jobs Data Surprises Market

ADP private employment report shows significant job gains, impacting crypto prices.

Ballotpedia

House Republican introduces bill opposing ESG in retirement funds

Congressman Andy Barr (R-Ky.) introduced a bill on June 21 opposing the Biden Labor Department’s rule allowing the use of ESG in retirement plan investments. Both chambers recently passed a Congressional Review Act (CRA) resolution overturning the Labor Department rule, but President Joe Biden (D) vetoed that legislation. Congressman Barr…

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