Verizon | Page 2

A tentative deal between the company and leaders of striking unions includes 1,400 new jobs and pay raises topping 10 percent, the company and unions representing about 40,000 workers said on Monday.

Network technicians and customer service representatives in the company's Fios Internet, telephone and television services units walked off the job on April 13 after contract talks hit an impasse.

Economists said the data did not signal a deterioration in the overall labor market.

Nearly 40,000 employees walked off the job Wednesday.