Workers at Penske Truck Rental in Minneapolis, Minnesota, and Nashville, Tennessee, voted earlier this month to oust the International Association of Machinists union from power over their employees. Penske Truck Rental staff members in Minnesota voted 26-7 on May 1 in favor of the union’s removal, while their counterparts in Tennessee voted 15-8 for the […]
Another day, another piece of bad election-year news for proponents of Bidenomics. The Department of Labor on Thursday released its weekly report of seasonally adjusted data on new unemployment claims through May 4, reporting a total of 231,000 jobless claims. That number was both up from the previous week’s 209,000 and higher than the 214,000 […]
The Labor Department released its April jobs report on Friday, and the news wasn’t good for President Joe Biden’s economy. After a number of months of relatively positive news, the new data showed that the labor market may be cooling off. That could be good news for U.S. inflation — if the trends continue — […]
The Labor Department just imposed 300 pages of new regulations to reclassify many individual contractors as payroll employees. CNBC claims this could help freelancers “recover lost wages.” That’s just nonsense. The new rules will make it harder for some […]
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