This morning, the Bureau of Labor Statistics released its jobs report for the month of April, and the results weren’t pretty.  The economy created a disappointing 115,000 jobs during the month, falling far below the 170,000 figure that Wall Street economists were predicting.  The service sector accounted for the majority of the growth, while manufacturing [...]

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In an effort to reduce costs in the F-35 Joint Strike Fighter (JSF) program, the Department of Defense (DOD) has pressured prime contractor Lockheed Martin to reduce pension costs of its workers.  In recent weeks, the defense contractor has gone after defined benefits plans for new hires, which led unionized employees in the Fort Worth [...]

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