New Rules Could Create A New Class Of Overtime Workers
The president's proposal would make 5 million more Americans eligible for overtime pay. But the changes don't mean that employers will pay more.
Economy
Busy Travel Weekend Raises Concerns About Transportation Infrastructure
Expect heavy traffic and busy airports if traveling this Independence Day weekend. Travel industry groups say with unemployment down and wages ticking up, more Americans will be on the move.
Puerto Ricans Fear Troubled Economy Will Inflict Real Pain
Officials avoided a default, paying hundreds of millions of dollars in debt payments. With a stagnant economy, more than $72 billion in debt and little cash, the U.S. territory is in economic trouble.
So Far, So Good For The Economy. But What About The Second Half?
The Labor Department's June report showed decent job growth, with unemployment dipping to 5.3 percent. In fact, 2015's first half was fairly good. But economists see dangers lurking in the back half.
Historic Vote May Determine Whether Greece Remains In The Eurozone
Greek voters on Sunday face a referendum on further austerity measures in exchange for bailouts. But the unstated question is whether Greece should give up the euro.
Germans Express 'Frustration' With Greece For Stalling Bailout Deal
NPR's Robert Siegel speaks with German journalist Roman Pletter, economics and business editor with Die Zeit newspaper, about the German leadership and perspective on the Greek crisis.
Unemployment Rate Falls To 5.3 Percent, But For The Wrong Reason
The economy keeps adding jobs at a steady pace, including 223,000 in June, but the Labor Department report for last month shows more people are also leaving the labor force and wages are not rising.
Why We Shouldn't Be Surprised By Greece's Impasse With Europe
Prime Minister Alexis Tsipras was elected on the promise of renegotiating the regimen of austerity imposed on Greece by its creditors. And Europe warned him it expected Greece to repay its debts.
In June Jobs Report, Positive Numbers Belie Frustrations Beneath Surface
Employers added 223,000 jobs in June, and the unemployment rate fell to 5.3 percent. But wage growth was flat, and the drop in the unemployment rate had a lot to do with people leaving the workforce.
Jobs Report Expected To Show 'Stronger Momentum' In Economy
Economists surveyed by Reuters are predicting that employers added about 230,000 jobs to their payrolls in June. That's less than the month before but still a pretty strong showing.