Blame Corporations And The Federal Government For The Strong Labor Market

Train drivers with the ASLEF union who drive for South Eastern and Southern railways striking on a … [+] picket line outside Ashford International Station on the 5th of January 2023 in Ashford, United Kingdom. The strikers work for DfT OLER Holdings and GTR and are demanding fair pay in line with inflation. Many of … Read more

Job growth expected to have cooled in December but not enough to slow Fed rate hikes

The economy is expected to have added 200,000 jobs in December, less than November, but still strong enough to keep the Federal Reserve aggressively tightening policy to fight inflation. Economists surveyed by Dow Jones also expect that the unemployment rate remained at 3.7% in December, while average hourly wage growth slowed to 0.4% from 0.6% … Read more