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CHEYENNE — Friday morning, local business owners and stakeholders met at the Blue World Headquarters to hear experts share their forecast for the future of the economy of Wyoming and the nation.
Just days after the Fed's most recent meeting, the July jobs report showed the second-weakest monthly job additions since 2020 and the highest unemployment rate, 4.3%, in nearly three years.
The Workforce Innovation and Opportunity Act (WIOA) is a United States public law that replaced the previous Workforce Investment Act of 1998 (WIA) as the primary federal workforce development legislation to bring about increased coordination among federal workforce development and related programs. Although the Employment Service (ES) is one ...
One-stop career centers (or one-stop centers) are public employment offices in the United States. They are workforce information and education offices set up by Workforce Investment Boards as directed by the Workforce Investment Act of 1998. The Workforce Investment Act was repealed and replaced by the 2014 Workforce Innovation and Opportunity ...
Economic liberalization will result in unemployment and wage inequality in developing countries. This happens as job losses in uncompetitive industries outstrip job opportunities in new industries. Workers will be forced to accept worsening wages and conditions, as a global labor market results in a “race to the bottom”.
October 17, 2024 at 8:42 AM. The number of Americans filing for unemployment benefits last week came back down to more recent ranges after a big jump the week before due to hurricanes in the ...
President Franklin D. Roosevelt, 1933 In 1933, the Roosevelt administration during the New Deal made the first attempt at establishing a national minimum wage regiment with the National Industrial Recovery Act, which set minimum wage and maximum hours on an industry and regional basis. The Supreme Court, however, in Schechter Poultry Corp. v. United States (1935) ruled the act unconstitutional ...
The rise in the unemployment rate from 3.4% in April 2023 to 4.3% in July this year was the trigger for the U.S. central bank's unusually large 50-basis-point rate cut last month.