Employers added 236,000 jobs as the Federal Reserve’s interest-rate increases appeared to take a toll. The unemployment rate fell to 3.5 percent.
Tag: Wages and Salaries
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Wages May Not Be Inflation’s Cause, but They’re the Focus of the Cure
While fear of a “wage-price spiral” has eased, the Federal Reserve’s course presumes job losses and risks a recession. Some see less painful remedies.
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Noncompete Clauses Get Tighter, and TV Newsrooms Feel the Grip
Job-switching barriers are routine at TV stations, even for workers not on the air. A proposed federal rule would curb the practice across all fields.
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The Fed’s War on Inflation Is a Class War
When the Federal Reserve uses interest rate hikes as a blunt tool, American workers are the inevitable casualty.
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Los Angeles Schools and 30,000 Workers Reach Tentative Deal After Strike
The three-day walkout included Los Angeles Unified School District teachers, gardeners, bus drivers, cafeteria workers and special education assistants.