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Unemployment rate edges up; Businesses claim to create more low-wage jobs

WASHINGTON The U.S. unemployment rate edged up 0.2% in February to 3.6%, even as businesses claimed to create a net of 265,000 new jobs that month, including 245,000 in services. Governments said they added 46,000 workers, too.

Jobless rate ends 2022 at 3 5 percent, marking continued recovery

WASHINGTON (PAI) The U.S. unemployment rate finished 2022 at 3.5% in December, tying its 50-year low, the Bureau of Labor Statistics reported. That was an 0.2% drop from November and a far cry from the double-digit joblessness at the height the coronavirus-caused depression in 2020-21.

AFL-CIO panel: Blame corporate greed, not workers, for inflation

WASHINGTON With the Federal Reserve Board poised to “fight inflation” by raising prime interest rates again driving up the interest costs consumers pay on everything from credit cards to kids’ college loans AFL-CIO President Liz Shuler and a panel of pro-worker economists warned policyma.

Jobless rate steady at 3 6%; Firms claimed to create 406K jobs

WASHINGTON The U.S. jobless rate remained at 3.6% in April, the Bureau of Labor Statistics reported, as private sector firms claimed to add 406,000 new jobs that month. That put private firms almost at their job levels before the coronavirus-caused depression two years ago.

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