Jobs

The Biden administration is blocking a Trump-era regulation that would have made it easier to classify gig workers and others as independent contractors, a policy that had been sought by companies such as food-delivery and ride-sharing services.

The ADP National Employment Report released Wednesday showed U.S. companies added 742,000 jobs in April.

Hertz Global Holdings Inc.

"We are now more than a year into navigating the myriad of challenges posed by COVID-19, and we remain attentive to the difficulties our people are experiencing," CEO David Solomon, chief operating officer John Waldron, and chief financial officer Stephen Scherr wrote in a memo to employees. "While each community is at a different stage of managing through the pandemic, we continue to be encouraged by the rollout of vaccines in a number of jurisdictions, as well as by the effectiveness of the health and safety protocols we have put in place across Goldman Sachs campuses to protect our people."

Chris Spear, president and CEO of the American Trucking Associations, discussed the truck driver shortage on FOX Business' "Cavuto: Coast-to-Coast."

WalletHub recently found which states are the best for working moms and Massachusetts took the top spot.

The U.S. Department of Education announced that former Democratic nominee for Ohio governor, Richard Cordray, will be chief operating officer of federal student aid.

The U.S. economy is poised to take off in coming months as it rebounds from the coronavirus pandemic, but the recovery faces a new challenge in an apparent labor market shortage.

Philadelphia police union president John McNesby argued on Monday that “people don’t want to be police officers today with the current climate” as departments in major cities have been understaffed amid a surge in crime.