The Unemployment Gap Between Black and White New Yorkers Is Widening
The unemployment rate for Black New Yorkers rose to 12.2 percent in the first quarter of the year, while the white unemployment rate dropped to 1.3 percent, a new report says.
Posted inFederal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Labor Department (US) Prices (Fares, Fees and Rates) Recession and Depression United States Economy Wages and Salaries
Wages Continue to Grow, Good for Workers but a Worry for the Fed
Wages and salaries for workers rose 5.1 percent from a year earlier, which helps employees keep up with the rising cost of living but complicates the Federal Reserve’s efforts to tamp down inflation.
Posted inBezos, MacKenzie Collective Bargaining Labor and Jobs Nonprofit Organizations Organized Labor Philanthropy Wages and Salaries
They Want to Change the World. They Would Also Like a Raise.
As nonprofit workers unionize, negotiations can make things awkward in mission-based workplaces.
Posted inBanking and Financial Institutions Income Inflation (Economics) Interest Rates Labor and Jobs Prices (Fares, Fees and Rates) United States Economy
Still Going Fast, Inflation Changes Drivers
Two years ago, high inflation was about supply shortages and pricier goods. Then it was about war in Ukraine and energy. These days, services are key.