U.S. employers added 57,000 jobs in June, missing forecasts as prior months were revised lower. The unemployment rate fell to 4.2%, but wage growth remained below inflation and leisure and hospitality jobs declined sharply.
Posts tagged as “wages”
The Long Island Rail Road strike continues into its third day with no agreement in sight, forcing thousands of commuters to rely on shuttle buses and subways. Negotiations between the MTA and unions remain stalled amid disputes over wages and healthcare contributions.