Labor economy

Biden hails West Coast dockworker union contract as possibility of UAW strike looms

WASHINGTON — President Joe Biden celebrated the recent West Coast dockworker contract in a ceremony at the White House on Wednesday.…

Heading into Labor Day weekend, Biden celebrates new job growth

WASHINGTON — President Joe Biden lauded new jobs data out Friday that showed robust growth in the past month. “As…

U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says

Job creation in the United States slowed more than expected in August, according to ADP, a sign that the surprisingly…

There are almost 4 million more open roles than job seekers in the U.S. Here’s why some economists think the immigration and labor crises are related

The U.S. had more than 9 million open roles in June, and while that’s down from the peak of 12…

Don’t count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests

Don’t count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner. Kroszner, who’s now a University…

Biden takes a victory lap one year after signing Inflation Reduction Act

WASHINGTON — President Joe Biden celebrated the one year anniversary of the signing of the Inflation Reduction Act, arguing that the…

Biden embraces July inflation report: ‘That’s Bidenomics’

WASHINGTON — Despite a small rise in inflation last month over June’s rate, President Joe Biden on Thursday insisted that July’s…

Biden kicks off climate policy road trip in battleground Arizona amid record heat

WASHINGTON — Buoyed by an economy that is doing far better than the White House expected and a political opponent…

Are U.S. seniors among the developed world’s poorest? It depends on your point of view

The U.S. retirement system is a sprawling complex, a so-called “three-legged stool” of Social Security payments, workplace savings plans and…

Biden labor secretary sees ‘slow and steady’ growth in July jobs report

WASHINGTON — The U.S. economy saw the smallest jobs increase in July since December 2020, but Acting Labor Secretary Julie…