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The U.S. economy added 528,000 jobs in July, more than double the number economists had expected. This staggering increase in employment completes a milestone for the U.S. economy: Pre-pandemic employment is now fully restored. In February 2020, the last month before the COVID-19 pandemic tipped the U.S. economy into recession, there were 152.504 million people employed in the U.S. As of July 2022, 152.536 million people in the U.S. were working. And despite the labor market contraction during… Source link

For decades, union membership has been on the decline. Yet in the last few months, workers have been organizing at a pace this country hasn’t seen since the Great Depression. Amazon has captured headlines for union drives at its warehouses, including a successful effort on New York’s Staten Island. But activity is picking up elsewhere in retail and tech at big companies that are generally viewed as progressive, with no history of labor unions. As of Wednesday, 209 Starbucks stores have… Source link

The U.S. labor market remained red-hot in July despite expectations job growth would cool as tighter monetary conditions and company layoffs stoked fears of a recession. The Labor Department released its latest monthly jobs report at 8:30 a.m. ET on Friday. Here were the key numbers from the report, compared to economist estimates compiled by Bloomberg: Non-farm payrolls: +528,000 vs. +250,000 Unemployment rate: 3.5% vs. 3.6% Average hourly earnings, month-over-month: +0.5% vs. +0.4% Average… Source link

“I don’t even know how to smoke a joint,” Elon Musk told the hosts of the “Full Send” podcast.Theo Wargo/WireImage Elon Musk said he had to take drug tests for a year after smoking weed on Joe Rogan’s podcast in 2018. He and the “whole of SpaceX” were subjected to random drugs tests by the government, he said. “I don’t even know how to smoke a joint,” the tech billionaire told the “Full Send” podcast Thursday. Tesla’s CEO, Elon Musk, said the federal government required him to undergo random… Source link

The Weeknd – Photo: Theo Wargo/Getty Images for Live Nation The Weeknd has released a remix of his Dawn FM song “Best Friends”, which features Summer Walker. You can check it out below. “Best Friends” is the latest track from Abel Tesfaye’s fifth album to get the remix treatment following Kaytranada’s rework of “Out Of Time”, Oneohtrix Point Never’s “Dawn FM”, Swedish House Mafia’s “Sacrifice” and more. The Weeknd wrote online that Walker “f_king CRUSHED it“, adding that… Source link

State of New Jersey Common Pension Fund D lowered its stake in shares of Yandex (NASDAQ:YNDX – Get Rating) by 20.3% during the first quarter, Holdings Channel.com reports. The firm owned 61,292 shares of the information services provider’s stock after selling 15,577 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Yandex were worth $1,161,000 as of its most recent SEC filing. A number of other institutional investors also… Source link

Henrik appears on Yahoo Finance to discuss Fisker Ocean, PEAR, production, supply chain issues, asset-light strategy, and EV Tax Credit. Today, Henrik Fisker appeared on Yahoo Finance to talk about Q2 2022 earnings, Fisker Ocean, PEAR, reservations, production, EV tax credit legislation, and more. Henrik talks about 55 prototypes that Magna has already built. The host asked about just starting production on the Fisker Ocean.

The NFL returned on Thursday with its annual Hall of Fame Game to open the league’s 2022 preseason, with the rising Las Vegas Raiders and rebuilding Jacksonville Jaguars meeting in Canton, Ohio. Here’s everything you need to know about the closest thing resembling an NFL game we’ve seen since Super Bowl LVI. Jaguars rule out nearly every starter vs. Raiders Let’s just say the Jaguars team suiting up on Thursday is a little different than the one that will be suiting up for Week 1. The Jaguars… Source link

Just hours after she was sentenced to nine years in prison on the other side of the world, the Phoenix Mercury and Connecticut Sun came together for a touching, emotional tribute to Brittney Griner ahead of their game on Thursday night. Both the Mercury and the Sun joined arms together at halfcourt at the Mohegan Sun Arena in Connecticut for 42 seconds, honoring Griner’s jersey number, while fans in attendance started chanting, “bring her home.” “It’s not anything we’re politicizing,”… Source link

Comment on this story Comment The National Republican Senatorial Committee, the campaign arm of the Republican caucus, is preparing to escalate its attack on Google over the company’s email spam filter, which it blames for recent fundraising disappointments, according to documents obtained by The Washington Post. A draft letter on NRSC letterhead, and addressed to Google, claims that “Google and its algorithms have handed a distinct advantage to Democrat fundraising efforts, resulting in… Source link