The Bureau of Labor Statistics released the jobs report for December on Friday, showing an unusual slowdown in growth for a month where consumer spending typically generates much higher numbers. Job growth increased by around 50,000, the report noted. Unemployment remained relatively unchanged from November, going from 4.5 percent in that month to 4.4 percent in December.
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Federal data belatedly released Tuesday shows that the US unemployment rate rose to the highest level in four years last month as President Donald Trump’s administration continues its assault on the government’s workforce and American corporations lay off workers at a level not seen in decades. The unemployment rate rose to 4.6% in November, up from 4.4% in September, according to the Labor…
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The Trump administration’s sprawling new tariffs took effect in August, and U.S. consumers are starting to feel the heat. The president and his cabinet have said the tariffs will bring manufacturing jobs back to the U.S. and put American workers first. But are these tariff policies a real solution to the “race to the bottom” that has undercut so many U.S. jobs? Nike, the world’s single largest…
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workers as a whole have endured a lot of losses in the class war. Globally-mobile companies have deserted communities with unionized workforces, successive administrations raised up oligarchs by slashing taxes on the rich, a major epidemic put the country on edge, and landlords are using technology to collude on raising rents more rapidly. But all this conventional class war is now…
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Democrats on the congressional Joint Economic Committee released a report Thursday detailing how much more the average American family in every US state is having to spend monthly to cover the rising costs of food, shelter, energy, and other necessities under the leadership of President Donald Trump. The panel released its report on the same day the Trump administration was supposed to…
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The Supreme Court heard oral arguments this week in a case challenging President Donald Trump’s tariffs, with plaintiffs arguing that his unilateral levies on imported goods violate the Constitution, which grants Congress the power to impose taxes and regulate foreign commerce. The Trump administration has justified his unprecedented use of tariffs under a 1977 law known as the International…
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