Truthout
Unemployment
Wage Growth Slows as Unemployment Falls Back to Half-Century Low
The pandemic's increase in the length of the average workweek has been completely reversed.
Unemployment Steady at 3.7 Percent as Economy Adds 263,000 Jobs in November
However, rapid wage growth likely means the Fed will continue on its path of aggressive rate hikes for the near future.
Economy Added 261,000 Jobs in October as Wage Growth Settles at 3.9 Percent
Job growth was strong across sectors, but it was especially strong in health care and manufacturing.
Companies’ Price Hikes Fuel Inflation. Why Isn’t the Fed Talking About It?
Progressive economists have estimated that corporate profits are to blame for 40 to 50 percent of price increases.
Wage Growth Slows Even as Unemployment Ticks Back Down to 3.5 Percent
Wages have grown at a pace consistent with the Fed’s inflation target.
Fall of “Roe” Caused Unemployment for Some Clinic Workers, Overwork for Others
Abortion clinic workers say they are facing a multifaceted labor crisis precipitated by the abortion access crisis.
Economy Adds 315,000 Jobs in August, But Unemployment Ticks Upward
There are concerns that the Federal Reserve Board will choose to raise rates more aggressively in response to job gains.
Throwing People Out of Work Is No Way to “Fix” the Economy
We can have a strong job market and lower inflation — and we don't need more painful interest rate hikes to do it.
Fed Meeting Minutes Show the Bank May Unleash Mass Unemployment, Economists Say
Continued interest rate hikes “risk a recession throwing millions out of work,” a pair of experts warned.
Wages Set to Avoid Price-Spiral as Private-Sector Jobs Surpass Pre-Pandemic Rate
The Fed’s plans for aggressive rate hikes are based on a concern for a 1970s-type wage-price spiral.