Department of Labor

Keith Ellison Slams Trump Scheme to Resurrect Child Labor

Teenagers in coal mines. Kids driving forklifts. 17-year-olds operating heavy and dangerous machinery with little training. All of that could be possible under a Trump Labor Department plan to consider relaxing the rules governing child labor.
And Rep. Keith Ellison, DFL-Minn., is asking questions – lots of questions. He doesn’t like it.
Neither does the Child Labor Coalition, the century-old advocates for the rights and safety of youngsters in the farms and on the job, backed by the National Consumers League and the Teachers (AFT).

Yellen: Don’t read too much in one job report

Yellen’s remarks weren’t surprising given the volatility in global markets, but investors will be looking for further clues the Fed will raise interest rates again in July [XInhua]
US Federal Reserve Chief Janet Yellen’s speech at the World Affairs Council of Philadelphia Monday struck an optimistic chord about the state of the domestic economy, world economic hiccups, and monetary policy in the months ahead.