Employment costs
A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Friday, June 4, 2021. Asian shares mostly slipped Friday, dragged lower by a decline in technology stocks on Wall Street.(AP Photo/Lee Jin-man)
Asian shares slip, dragged lower by Wall Street tech fall

By Yuri Kageyama Jun. 03, 2021 09:43 AM EDT

FILE - In this Thursday, April 22, 2021 file photo, Marie Tibbott sorts product at EIP Manufacturing in Earlville, Iowa. Growth in U.S. manufacturing picked up in May, even as supply chain problems persist and businesses continue to struggle to find workers. The Institute for Supply Management, a trade group of purchasing managers, said Tuesday, June 1 that its index of manufacturing activity rose in May to a reading of 61.2 from 60.7 in April. (Jessica Reilly/Telegraph Herald via AP, File)
US productivity growth unrevised at 5.4% rate in Q1

By Martin Crutsinger Jun. 03, 2021 08:44 AM EDT

FILE - This April 30, 2019, file photo, shows a McDonald's restaurant on the Northside of Pittsburgh. U.S. restaurants and stores are rapidly raising pay in an urgent effort to attract more applicants and keep up with a flood of customers as the pandemic eases. McDonald's, Sheetz and Chipotle are just some of the latest companies to follow Amazon, Walmart and Costco in boosting wages, in some cases to $15 an hour or higher. (AP Photo/Gene J. Puskar, File)
Desperate for workers, US restaurants and stores raise pay

By Christopher Rugaber May. 13, 2021 03:55 PM EDT

FILE - In this April 21, 2021 file photo, workers install conduit that will hold Verizon's fiber-optic cable in New York. U.S. productivity posted a sharp rebound in the January-March quarter after having fallen in the previous quarter. Labor costs declined slightly. (AP Photo/Mark Lennihan)
Productivity rebounds at solid 5.4% rate in first quarter

By Martin Crutsinger May. 06, 2021 08:54 AM EDT

A hiring sign shows in Wheeling, Ill., Sunday, March 21, 2021. The number of Americans applying for unemployment aid fell last week to 547,000, a new low since the pandemic struck and a further encouraging sign that layoffs are slowing on the strength of an improving job market. The Labor Department said Thursday, April 22, that applications declined 39,000 from a revised 586,000 a week earlier. (AP Photo/Nam Y. Huh)
US wages and benefits jump as economy reopens

By Christopher Rugaber Apr. 30, 2021 09:04 AM EDT

Cristian Cardona, right, an employee at a McDonald's, attends a rally for a $15 an hour minimum wage Tuesday, Feb. 16, 2021, in Orlando, Fla. (AP Photo/John Raoux)
Biden's $15 wage proposal: Job killer or a boon for workers?

By Paul Wiseman Feb. 17, 2021 12:26 PM EST

Nya Marshall, owner of Ivy Kitchen & Cocktails is seen in her restaurant, Saturday, Feb. 6, 2021 in Detroit. Marshall is worried about President Biden's plan to raise the minimum wage to $15 which could put her and other restaurants out of business in the middle of the pandemic. (AP Photo/Carlos Osorio)
Biden's $15 wage proposal: Job killer or a boon for workers?

By Paul Wiseman Feb. 17, 2021 11:41 AM EST

FILE - In this July 12, 2020, file photo, a waiter wears a protective face mask and gloves while working at the il bolognese restaurant along Ocean Drive during the coronavirus pandemic, in Miami Beach, Fla. Wages and benefits for U.S. workers rose at the slowest pace in three years in the April-June quarter, a sign that businesses are holding back on pay as well as cutting jobs in the coronavirus recession. (AP Photo/Lynne Sladky, File)
US employment costs rise modestly in fourth quarter

By Matt Ott Jan. 29, 2021 08:44 AM EST

FILE - In this July 12, 2020, file photo, a waiter wears a protective face mask and gloves while working at the il bolognese restaurant along Ocean Drive during the coronavirus pandemic, in Miami Beach, Fla. Wages and benefits for U.S. workers rose at the slowest pace in three years in the April-June quarter, a sign that businesses are holding back on pay as well as cutting jobs in the coronavirus recession. (AP Photo/Lynne Sladky, File)
US wages and benefits grow at sluggish pace amid pandemic

By Christopher Rugaber Oct. 30, 2020 08:53 AM EDT

This image provided by the Metropolitan Opera shows a scene from Terence Blanchard's "Fire Shut Up in My Bones." The Metropolitan Opera will skip an entire season for the first time in its nearly 140-year history due to the novel coronavirus and intends to start the 2021-22 season with Blanchard's "Fire Shut Up in My Bones" in the first work of a Black composer presented by the company. (Eric Woolsey/Opera Theatre of St. Louis via AP)
Met Opera skips this season, 1st Black composer opens '21-22

By Ronald Blum Sep. 23, 2020 12:02 PM EDT

Connecticut's minimum wage increases from $11 to $12 an hour

Sep. 01, 2020 10:55 AM EDT
HARTFORD, Conn. (AP) — Connecticut's minimum wage increased from $11 to $12 an hour on Tuesday, under a new state law designed to gradually raise the rate over...

FILE - In this June 11, 2020 file photo, workers on scaffolding lay blocks on one of the larger buildings at a development site where various residential units and commercial sites are under construction in Cranberry Township, Butler County, Pa. U.S. productivity rose at a 7.3% rate in the second quarter, the largest quarterly increase since 2009. Labor costs also jumped, rising 12.2%. The Labor Department report Friday, Aug. 14, is its first estimate of second-quarter productivity and follows the first quarter’s 0.9% decline. (AP Photo/Keith Srakocic, File)
US productivity rises 7.3% as hours worked are nearly halved

By Matt Ott Aug. 14, 2020 09:44 AM EDT

FILE - In this Nov. 27, 2019, file photo Jayln Martin, right, and Dan Villegas stock items in preparation for a holiday sale at a Walmart Supercenter in Las Vegas. On Friday, Jan. 31, 2020, the Labor Department reports on wages and benefits for U.S. workers during the Oct.-Dec. quarter. (AP Photo/John Locher, File)
Wages and benefits grow at slowest pace in 3 years

By Christopher Rugaber Jul. 31, 2020 08:48 AM EDT

FILE - In this May 6, 2020 file photo, Jarrett Barth, who works for Dagg's Asphalt & Sealcoating, shovels gravel into a backhoe bucket in Lyndhurst, Ohio. U.S. productivity fell a sharp 2.5% in the first three months of this year as labor costs jumped 4.8%. The Labor Department reported that the decline in productivity, the amount of output per hour of work, followed a 1.2% gain in the fourth quarter of last year.(AP Photo/Tony Dejak)
US productivity drops sharp 2.5% in Q1 as labor costs rise

By Martin Crutsinger May. 07, 2020 09:51 AM EDT

FILE - In this Dc. 18, 2017 file photo, former Los Angeles Laker Kobe Bryant talks during a news conference in Los Angeles. Bryant and fellow NBA greats Tim Duncan and Kevin Garnett headlined a nine-person group announced Saturday, April 4, 2020, as this year’s class of enshrinees into the Naismith Memorial Basketball Hall of Fame. They all got into the Hall in their first year of eligibility, as did WNBA great Tamika Catchings. Two-time NBA champion coach Rudy Tomjanovich, longtime Baylor women’s coach Kim Mulkey, 1,000-game winner Barbara Stevens of Bentley and three-time Final Four coach Eddie Sutton were selected. So was former FIBA Secretary General Patrick Baumann. (AP Photo/Chris Carlson, File)
The Latest: Lakers GM Pelinka draws inspiration from Bryant

By The Associated Press Apr. 08, 2020 06:09 AM EDT

Atlético cuts player salaries by 70% during virus crisis

Apr. 02, 2020 03:56 PM EDT
Atlético Madrid says it has reached an agreement with its players and coaching staff to reduce their salaries by 70% while competitions are stopped during the...