Unemployment rate declines, but job growth is lackluster

January’s jobless rate was 6.6 percent, down slightly from 6.7 percent in December. But net job creation was estimated at only 113,000 jobs. Those numbers described an economy still in “muddle-along territory rather than takeoff mode,” said Julia Coronado, chief economist for BNP Paribas North America.

CBO: Obamacare would lead employees to work less

A government analysis sparked fierce debate Tuesday, projecting that the Affordable Care Act will lead American workers to voluntarily put in fewer hours on the job, a total that would add up to the equivalent of as many as 2.5 million jobs over the next decade.

Find the right franchise fit

You need the right amount of money to buy and run a franchise but, more important, it has to be the right franchise for your interests, ability and personality.

Minimum wage boost for workers on federal contract jobs could aid others

An executive order by President Barack Obama to pay at least $10.10 an hour to those workers will probably affect fewer than half a million people directly. “But when the minimum rises for a subset of the workforce, it has larger ramifications,” said John Henry, an economics professor at the University of Missouri-Kansas City.

Teamsters approve revised contract with YRC Worldwide

Teamsters workers on Sunday approved a revised contract offer from Overland Park-based YRC Worldwide Inc. with 66 percent of the vote, an outcome both sides called critical to the struggling freight hauler’s future. The weekend vote at union balloting sites ran 12,267 in favor to 6,314 against. Passage followed a monthlong mail-in vote on an earlier offer that 61 percent had rejected.

Government report finds little change in union membership

The U.S. Bureau of Labor Statistics said 11.3 percent of wage and salary workers, or about 14.5 million people, were union members last year, about the same share and number as the year before. Of the total, 7.2 million union members were in the public sector and 7.3 million were in the private sector.

AT&T earnings to include $7.6 billion pension-related gain

AT&T Inc. said its fourth-quarter results will include a non-cash gain of about $7.6 billion to account for changes in its pension fund and retiree benefit plans. The increase is due to an adjustment in the carrier’s assumptions on interest rates and a better-than-expected return on assets, Dallas-based AT&T said in a filing.

Teamsters to vote this weekend on revised offer from YRC Worldwide

Both Overland Park-based YRC Worldwide and the Teamsters union have said a revised labor agreement is critical to the company’s future and all YRC employees’ jobs. YRC said it needs the contract changes to persuade lenders to refinance more than $1 billion in debt it can’t repay.

Teamsters and YRC hammer out new offer

Teamsters union leaders announced a tentative contract agreement with Overland Park-based YRC Worldwide that the struggling company called the “best — and only remaining — path forward.” The new proposal will be presented Tuesday to leaders of the many Teamsters locals that represent YRC’s 26,000 union employees throughout the country.