Tag Archives: Wages and Salaries

Leaders of Mental Health Giant Promised Big Bonuses to Deal With Federal Investigations

Leaders of Mental Health Giant Promised Big Bonuses to Deal With Federal Investigations

Last year was tough for Acadia Healthcare, one of the country’s largest providers of mental health services. A slew of federal agencies opened investigations into whether Acadia illegally held patients against their will in its psychiatric hospitals, as described in a New York Times investigation in September. The federal inquiries rattled investors, causing Acadia’s stock to plummet. But Acadia’s troubles …

Read More »

American Wealth Is at a Record High. Sentiment Is Low, and Falling.

American Wealth Is at a Record High. Sentiment Is Low, and Falling.

America is more prosperous than ever. U.S. household net worth reached a new peak at the end of 2024. The unemployment rate has levitated just above record lows for three years. The overall debt that households are carrying compared with the assets they own is also near a record low. But even a land of plenty has its shortcomings, influencing …

Read More »

Firings at FDA Decimated Teams Reviewing AI and Food Safety

Firings at FDA Decimated Teams Reviewing AI and Food Safety

In recent years, the Food and Drug Administration hired experts in surgical robots and pioneers in artificial intelligence. It scooped up food chemists, lab-safety monitors and diabetes specialists who helped make needle pricks and test strips relics of the past. Trying to keep up with breakneck advances in medical technology and the demands of a public troubled by additives like …

Read More »

Amazon’s Fight With Unions Heads to Whole Foods Market

Amazon’s Fight With Unions Heads to Whole Foods Market

At a sprawling Whole Foods Market in Philadelphia, a battle is brewing. The roughly 300 workers are set to vote on Monday on whether to form the first union in Amazon’s grocery business. Several store employees said they hoped a union could negotiate higher starting wages, above the current rate of $16 an hour. They’re also aiming to secure health …

Read More »

U.S. Employers Add 256,000 Jobs in December

U.S. Employers Add 256,000 Jobs in December

Employers stuck the landing in 2024, finishing the year with a bounce of hiring after a quarter filled with disruption. The economy added 256,000 jobs in December, seasonally adjusted, the Labor Department reported on Friday. It was a better-than-expected number amid a labor market that has been slowly cooling for two years. The unemployment rate edged down to 4.1 percent. …

Read More »

Port Workers Could Strike Again if No Deal Is Reached on Automation

Port Workers Could Strike Again if No Deal Is Reached on Automation

Ports on the East and Gulf Coasts could close next week if dockworkers and employers cannot overcome their big differences over the use of automated machines to move cargo. The International Longshoremen’s Association, the union that represents dockworkers, and the United States Maritime Alliance, the employers’ negotiating group, on Tuesday resumed in-person talks aimed at forging a new labor contract. …

Read More »