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Labor economy

Cambodia’s zeal for rubber drives ethnic group from land

BOUSRA, Cambodia (AP) — For generations, the indigenous Bunong were famous as the great elephant keepers and masters of the forests in eastern Cambodia. They called the fertile, rolling hills of their ancestral homeland “meh ne,” or mother — a source of food, livelihoods and self-identity. From its rich red …

Public sentencing of protesting workers backfires in China

BEIJING (AP) — Authorities in southwestern China had apparently thought their Cultural Revolution-style public sentencing of eight workers who took to the streets demanding back wages would stand as a warning to others at a time of a slowing economy and rising worker unrest. Instead, the parading of the three …

Brazil economy shed 1.5 million payroll jobs in 2015

SAO PAULO (AP) — Brazil lost 1.5 million payroll jobs in 2015 amid a contracting economy that has led to high inflation and layoffs in the manufacturing and service sectors, the labor ministry said Thursday. The ministry said that 39.7 million workers were formally employed at the end of last …

Oil keeps falling. And falling. How low can it go?

DALLAS (AP) — The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending down for a year and a half, U.S. crude has fallen another 17 percent since the start of the year and is now probing depths not seen since …

Robot revolution sweeps China’s factory floors

SHENZHEN, China (AP) — In China’s factories, the robots are rising. For decades, manufacturers employed waves of young migrant workers from China’s countryside to work at countless factories in coastal provinces, churning out cheap toys, clothing and electronics that helped power the country’s economic ascent. Now, factories are rapidly replacing …

Professors flee higher education in Venezuela

CARACAS, Venezuela (AP) — Venezuela has already lost many of its brightest young professionals to better-paying jobs in more stable countries, and now the South American country is also losing the professors who trained them. College professors in this socialist country plagued by a cash crunch, shortages and spiraling inflation …