A sentence to savor in a Washington Post front-pager on what full employment looks like: "A decade after the worst economic downturn since the Great Depression, the United States suddenly finds itself at a place where almost everyone who wants a job can find one."
Why it matters: "The unemployment rate in December was 4.1 percent, leaving employers struggling to attract and retain good workers and raising the prospect of higher wages as the United States approaches congressional elections in November."
Time Inc. has decided to pay out $2.4 million in cash bonuses to top executives, in what appears to be in direct opposition to previously-approved compensation plans.
Bottom line: The bonuses are sure to stick in the craw of rank-and-file who are worried about losing their jobs when Time Inc. is acquired later this year by Meredith Corp., at a stock price below where shares were trading at this time last year.
Government transparency activists are complaining local governments won't make public details of the tax-break and incentive packages they are offering to entice Amazon to bring its new headquarters to their jurisdictions.
"More than 15 states and cities, including Chicago, Cleveland and Las Vegas, refused requests from The Associated Press to detail the promises they made to try to lure the company, " reports the AP.
The N.Y. Times' Kate Kelly and Andrew Ross Sorkin have the backstory on last month's firing of Harold Ford Jr., the former congressman and "Morning Joe" regular, by Morgan Stanley for inappropriate conduct:
"Reporters were asking about allegations that [he] had harassed a female journalist," Reuters' Lauren Tara LaCapra, in 2014 ... Morgan Stanley officials briefed on the process say that amid a national outcry over sexual harassment, the bank had little choice but to fire Mr. Ford after it learned of the allegation."
