The long-anticipated automation revolution has begun. Robots are ready to operate forklifts and do laundry. It’s not as scary as it sounds.
Tag: Labor and Jobs
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Wage Growth Slowed in Second Quarter, a Sign the Economy is Cooling
Pay and benefits increased 1 percent, down from 1.2 percent in the first three months of the year. The cooling will be welcomed by policymakers who have been worried that rapidly rising wages could make it harder to get inflation under control.
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The Fed’s Difficult Choice
The Federal Reserve has raised interest rates again. When should it stop?
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Jobs Sit Empty in the Public Sector, So Unions Help Recruit
Shortages of state and city personnel, especially those who must work on site, are so dire that unions are helping to get people in the door.
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Fed Raises Rates After a Pause and Leaves Door Open to More
Federal Reserve officials lifted borrowing costs by a quarter-point after pausing in June. They could rise more, but the central bank is not ready to commit.