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Private sector adds 198,000 new jobs in February, payroll firm says
The US private sector added about 198,000 new jobs in February, down from January but a bit better than the average of the last six months, payrolls firm ADP said Wednesday. The number was down from January’s 215,000, but that figure had been revised upward from the initial estimate by…
Palestinians set first private sector minimum wage
RAMALLAH, Palestinian Territories — The Palestinian government on Tuesday approved a minimum wage of 1,450 shekels ($376, 290 euros) a month for the private sector, labour minister Ahmed Majdalani said. “This is an unprecedented decision… on which we can build,” Majdalani told AFP, dismissing criticism that the rate was to…
Survey: Private sector hiring picked up in August
The US private sector stepped up hiring more than expected last month, a closely watched survey showed Thursday on the eve of the much-awaited August government jobs report Friday. Payrolls company ADP said private-sector employment rose by 201,000 in July, after an upwardly revised July gain of 173,000. The August…
Krugman: Obama ‘screwed up’ the ‘private sector is fine’ line
New York Times columnist Paul Krugman calmly criticized President Barack Obama Monday morning for his much discussed “Private sector is doing fine” quote. “That was an unfortunate line,” Krugman said. “The president bungled the line. The truth is, the private sector is doing better than the public sector, which is…
Obama: Teachers not ‘doing fine’
Teachers not ‘doing fine’: Can Obama find his footing on recovery? (via The Christian Science Monitor) While downplaying a remark Friday that the US private sector is “doing fine,” President Obama nevertheless focused on stalwarts of the public sector – teachers – for his weekly Saturday address, saying Washington has…
Fox News host cheers ‘positive’ job losses
In a Sunday evening segment, Fox News business reporter Brenda Buttner suggested that the loss of public sector jobs — which have come largely out of cities, counties, school districts and states — is actually “a positive” development for the U.S. economy. “Government is a little bit losing jobs, and…
U.S. lawmakers want spy agencies to share cyber data
WASHINGTON (Reuters) – Lawmakers on Wednesday proposed fighting the cyber threat that is taking a toll on American companies by allowing spy agencies to share threat intelligence with private firms. Representative Mike Rogers, the Republican chairman of the House of Representatives intelligence committee, and the panel’s senior Democrat, Representative C.A.…
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