Page 11 - Constance Hunter News Today : Breaking News, Live Updates & Top Stories | Vimarsana

POLITICO Biden’s back door to wage hikes Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth. In this Friday, Jan. 8, 2021 file photo, A man walks out of a Marc's Store in Mayfield Heights, Ohio. | Tony Dejak/AP Photo Link Copied President Joe Biden’s pledge to offer American workers a path to higher income and more jobs is getting a boost from an unlikely source: the country’s struggle to fully emerge from the pandemic. Labor shortages in key industries are giving many workers their best shot in years to bargain ...

The White House projects the unemployment rate to continue falling but inflation to remain under control despite recent nervousness.

The White House projects the unemployment rate to continue falling but inflation to remain under control despite recent nervousness.

WASHINGTON — The U.S. economy added just 266,000 jobs in April, a disappointing month of growth that fell well below economists’ estimates despite falling caseloads and increased vaccine distribution around the country. The April unemployment rate remained relatively unchanged at 6.1%, although economists caution the number is misleadingly low, given how many people have dropped out of the labor force in the last year. The news increased political pressure in Washington, amid concerns about whether a labor shortage, reported in some pockets of the economy, is slowing down the recove...

A roundup of upcoming business events in Hampton Roads.