Unprecedented labor shortages continue to weigh down the U.S. economy, resulting in higher food prices, cancelled flights, delayed deliveries, reduced public safety, and overcrowded emergency rooms. This Backgrounder examines the current U.S. labor market by diving deeper into the employment trends among different groups of workers with data through May 2022.
The CEO of a railroad restoration company has been found guilty of multiple charges that could mean over 100 years in prison and millions of dollars in fines.
Research from the Illinois Economic Policy Institute and the University of Illinois Urbana-Champaign found that prevailing wage laws keep fewer custodians living below the poverty line.
Over the past 12 months, inflation rose 7 percent the largest annual increase in 40 years.REF Government, particularly at the federal level, has imposed policies and mandates that have increased the prices that American households and businesses pay for goods and services.