Page 45 - Workers Pay News Today

UBS employees raked in higher bonuses in 2020, as bumper profits during the COVID-19 pandemic saw group-wide bonuses at the bank rise by 24% to $3.3 billion during the year.

By Reuters Staff 1 Min Read WASHINGTON, March 5 (Reuters) - The United States has a long way to go in its jobs recovery, which is showing persistent unevenness, a top economic adviser to President Joe Biden told CNBC on Friday, after a mostly positive employment report was released and as the Senate took the final steps toward passing a coronavirus economic relief plan. “We have a long way to go here and we also have to recognize that the unevenness of this crisis persists,” National Econom...

The U.S. economy created more jobs than expected in February as falling new COVID-19 infections and additional pandemic relief money from the government boosted hiring at restaurants and other services businesses, firmly putting the labor market recovery back on track.

A group of U.S. lawmakers visited an Amazon facility in Alabama on Friday to lend support to a growing push to unionize its workers, in what labor leaders and lawmakers called one of the most important union elections in United States history.

Democrats in the U.S. Senate said Friday they had resolved their differences over unemployment aid in President Joe Biden's $1.9 trillion COVID-19 aid bill, enabling them to move forward with the sweeping package after hours of delay.

The U.S. economy created more jobs than expected in February as falling new COVID-19 infections and additional pandemic relief money from the government boosted hiring at restaurants and other services businesses, firmly putting the labor market recovery back on track.

Democrats in the U.S. Senate said Friday they had resolved their differences over unemployment aid in President Joe Biden's $1.9 trillion COVID-19 aid bill, enabling them to move forward with the sweeping package after hours of delay.

Liberal and moderate Democrats reached a deal that would scale back federal unemployment benefits in a COVID-19 aid bill to $300 per week, from the proposed $400, a Senate Democratic aide said on Friday.

Democrats in the U.S. Senate said Friday they had resolved their differences over unemployment aid in President Joe Biden's $1.9 trillion COVID-19 aid bill, enabling them to move forward with the sweeping package after hours of delay.

The U.S. jobs hole created by the pandemic is deeper than the crater dug by the 2008 financial crisis and the economy needs more support to ensure a speedy recovery, a top White House economic adviser told Reuters on Friday.