China Trade, Outsourcing, and Jobs
Growing U.S. trade deficit and outsourcing with China cost 3.2 million jobs between 2001 and 2013, with job losses in every state.
China Trade, Outsourcing, and Jobs
Since…
Manufacturers in U.S. Still Outpacing Rest of World
Yet strength of ISM index might be overstated, some say
Manufacturers in the U.S. barely slowed down in November even as major competitors around the world continued to scale back production.
The Institute for Supply Management said…
Why ‘Made in the USA’ is hard for Walmart to achieve
Walmart has pledged to buy an additional $250 billion in US-made products. But finding quality, low-cost US made goods is proving a challenge. How Walmart is acting as a catalyst for 'Made in the USA' manufacturing.
When Walmart pledged…
U.S. Businesses Being Destroyed Faster Than Being Created
The American economy is less entrepreneurial now than at any point in the last three decades. That's the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction…
U.S. Economy Adds 288,000 Jobs in April; Jobless Rate falls to 6.3%
New government data released Friday morning showed the nation added 288,000 jobs in April, a reassuring sign that the U.S. economy has picked up momentum since stalling out over the winter.
The hiring spree surpassed most analysts' expectations…
China Could Overtake the U.S. as World’s No. 1 Economy This Year
New data from the World Bank suggests China could surpass the U.S. as the world’s biggest economy as early as this year, a day that was always meant to arrive after China began its quest for wealth in the 1980s, but it will just veil…
Violence Erupts in Cambodia as Labor Dispute Intensifies
Cambodia garment workers throw stones at riot police during a strike near a factory on the outskirts of Phnom Penh, Cambodia, Jan. 3, 2014 AP/HENG SINITH
PHNOM PENH, Cambodia - At least four people were killed Friday when police…
How Will 'Made in America' Fare in 2014?
This week, two new data sets will tell us just how well "Made in America" is doing as we begin 2014. Today, the Department of Commerce released international trade data for November. And, on Friday, the Bureau of Labor Statistics will…
Jobless Benefits Bill Stays Alive Amid Talks on Offsets
The fate of Democrats’ effort to revive long-term unemployment benefits that expired Dec. 28 will hinge on meeting Republican demands to cover the bill’s $6.4 billion cost.
A small group of Senate Republicans are seeking a…
Companies in U.S. Added 238,000 Jobs in December
A pickup in hiring at factories is helping to support the increase in employment. | Photographer: Justin Ide/Bloomberg
Companies added more workers than projected in December as U.S. employers grew more optimistic about the prospects for…
