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The first time. this as consumers pay more for everything from food and gas to healthcare. >> bill: the economy is running hot. inflation is hotter. prices out pacing wages by 2%, essentially means a pay cut for everyone. edward lawrence watching all this. give us the headlines. >> do you really want them? experts predicted it. more of it than we thought. the highest levels of inflation in generations. now you mentioned those rising wages. i want to break it down. wages are going up 5.7%. inflation up.5%. people are losing 1.8% of their paycheck. you see it at the grocery store and filling up ...

Costing americans more and so the biggest contributors energy sector. gas of all types is up 40%, fuel oil for homes is up 46 and a half percent. food is also costing people more, overall, 7%, with at home food up by 7.4%, and eating out is up 6.4%. and while wages are up 5.7%, inflation is eroding those gains. it's up 7.5% overall. republicans say it amounts to a pay cut for most people. >> if you have not personally gotten a pay raise of 8% or more in the last year, then democrats' policies have given you a pay cut, pay cut. >> solution the biden administration says, more big spending. again...

Joining me for more on this, labor secretary marty walsh. secretary, thank you for being here. this is a strong report. so where are we in the recovery from the pandemic? >> look across the board, good thing about this report, we had good numbers in the past but saw it all across the industry. we saw the unemployment rate in the black community drop to 6.6%, the latino community, 4.4%, the indigenous people community, 7.4%. one number that jumps out at us today is people with less than high school diploma, so we see go back to workforce in big ways over the three month averages, almost 600,000...

This is elodia. she's a recording artist. 1 of 10 million people that comcast has connected to affordable internet in the last 10 years. and this is emmanuel, a future recording artist, and one of the millions of students we're connecting throughout the next 10. through projectup, comcast is committing $1 billion so millions more students, past... and present, can continue to get the tools they need to build a future of unlimited possibilities. >> carley: back with fox news alert, four people dead after 7.4 magnitude earthquake rocks japan along the coast of fucircumstance ushima.

And we heard from his defense minister, accusing russia of genocide in mariupol. looking at today's other headlines for you now, four people have died and nearly 100 have been injured after a powerful earthquake in japan. a magnitude 7.4 quake struck shortly before midnight on wednesday in the northeast of the country. thousands of households are still without power. uniforms have been promised by the government to stop russian oligarchs using british courts to silence critics. the measures designed to protect journalists from the super rich who can afford to threaten journalists with little...