Discover how efficiency variance reveals the gap between expected and actual inputs in production and its impact on labor, materials, and costs.

Discover how to calculate variable overhead spending variance, its impact on costs, and examples of favorable vs. unfavorable variances in business operations.

TEMPO.CO, Jakarta - The Labor Party has rejected the formula for calculating the 2026 provincial minimum wage (UMP) proposed by President Prabowo Subianto’s cabinet, arguing that it fails to meet ...

The unemployment rate rose more than expected in November and previous jobs figures were revised downward as the first full report after months of a data fog revealed a weakening labor market. In ...

The U.S. labor market was much weaker than many had assumed at the start of President Donald Trump’s second term. Now, nearly a year later, it’s softening even further, jeopardizing his pledge to ...

The US economy added 64,000 jobs in November and lost 105,000 jobs in October, while the November unemployment rate rose to 4.6%. The data represents ongoing weakening in the labor market. Further ...

Americans looking for work in 2025 have faced a challenging environment. And 2026 may not be much better. The November jobs report out Tuesday showed the unemployment rate unexpectedly jumped to 4.6% ...

WASHINGTON, Dec 10 (Reuters) - U.S. labor costs increased slightly less than expected in the third quarter as a softening labor market curbed wage growth, which bodes well for the inflation outlook.

Federal Reserve policymakers are expected to cut interest rates at this week's meeting despite inflation remaining above their target amid concerns about a softening labor market. The Federal Open ...

The Federal Reserve will have to go without up-to-date government inflation and jobs data when it decides next month whether to lower interest rates for a third consecutive time. The Bureau of Labor ...

The Labor Department said Wednesday it wouldn’t issue complete October jobs data because of the effects of the government shutdown. The longest shutdown on record, which ended last week, stopped the ...

The unemployment rate likely increased to 4.4% in September. The labor market is significantly weakening, although it's not collapsing yet, based on alternative data. The Fed is likely to ignore the ...