Unions Have Changed

About the Author: Mr. Conrad is a retired college Economics Instructor who is hoping to remove a lot of the confusion, misunderstandings, and myths that surround contemporary economic thinking. We used to think of unions as the UAW, Teamsters, and AFL-CIO, but times have changed.  Now they’re the AMA, ABA, and the NBA!  They’ve gone from being More...

by Carl Conrad | Published 1 month ago
By Viliyana Filipova On Friday, January 27th, 2017

General Motors Set to Layoff 625 Employees Amid NAFTA Waves

Reports indicate that auto maker General Motors is set to layoff over 600 employees in an Ontario plant amid recent news regarding the NAFTA agreement. Experts say the reasoning for the layoffs can be pinned directly More...

US jobless claims
By Viliyana Filipova On Sunday, January 22nd, 2017

US jobless claims fell to historically low level

The number US jobless claims fell last week, supported by the historically low level of cuts, suggesting that the labor market continues to tighten. The number of applications for unemployment benefits fell by 15,000 More...

By Viliyana Filipova On Thursday, January 12th, 2017

Amazon (NASDAQ: AMZN) Touts 100,000 New Jobs in Announcement

Online giant Amazon (NASDAQ: AMZN) has announced news about adding up to 100,000 new jobs across its organization in a statement recently released. Positions would be spread across many skill levels and locations More...

By Joshua Jadon On Monday, January 9th, 2017

Wages in USA grew at the fastest pace since 2009

The employment outside agriculture sector in USA is growing by 156,000 jobs in December, but staying below the economists’ expectations for an increase of 178,000 jobs. The largest contribution to labor market More...

By Viliyana Filipova On Wednesday, January 4th, 2017

High costs of Swedish experiment with 6-hour working day

Sweden implements the 6-hour working day, but now appeared the first results from the experiment and they show that the costs exceed the benefits. The experiment was implemented into the Swedish city of Gothenburg, More...

German labor market
By Victoria Lynden On Tuesday, January 3rd, 2017

German labor market finished its best year in quarter century

The labor market in Germany finished its best year in quarter century. The average number of unemployed in the country has fallen for the first time since 1991 below the 2.7 million. In 2016, the unemployed people More...

Germany employment
By Victoria Lynden On Monday, January 2nd, 2017

German labor market reported record employment

The boom of the German labor market continues. Over the past year the number of workers in the country has reached a record 43.4 million people. The German employment increased in period from January to December More...

France unemployment
By Silvia Hristova On Tuesday, December 27th, 2016

Applications for unemployment benefits in France declined in November

The applications for unemployment benefits in France declined in November for the third consecutive month. This is the longest series of decrease since the beginning of 2008, but the recovery comes too late to save More...

Applications for unemployment benefits
By Viliyana Filipova On Friday, December 23rd, 2016

Applications for unemployment benefits in USA grow to six-month high

The number of Americans applying for unemployment benefits rose last week to their highest level in six months. The applications submitted for the first time, grew by 21,000 to 275,000 during the week ended December More...

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