President Trump signed an executive order Thursday that aims to allow more insurance options. The plan is intended to lower costs, but critics warn it could hurt those who need insurance most.
The Labor Department also cut previous estimates for job growth in June and July by 41,000.
The Trump administration got some encouraging signals this week: an employment report shows solid job growth, while illegal border crossings fell sharply.
An Anchorage Assembly member John Weddleton, who owns comic book business Bosco’s, is facing fines for child labor violations. The penalties are less about any malicious intent than clerical errors and a misunderstanding over the definition of a dumpster.
Starting Dec. 1, employees earning less than about $47,000 a year will qualify for overtime when they work more than 40 hours a week. The move will affect more than 4 million workers.
Congratulations to the Class of 2016! They are graduating into the best job market in a decade, especially for those with degrees in business, technology or engineering.
The latest jobs report showed a surprisingly strong hiring surge, with employers adding 242,000 jobs last month. But a pinch in earnings and hours disappointed those looking for a pickup in paychecks.
With unemployment dropping, the “misery index” is at its lowest level in more than 50 years. So why aren’t Americans feeling cheerful? Economists say meager wages and big debts are still problems.