Labor issues

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U.S. hiring remains strong, complicating Fed’s inflation fight

WASHINGTON– The country’s employers continued to hire vigorously in November despite high inflation and a slow-growing economy — a sign of resilience in the face of aggressive interest rate hikes from the Federal Reserve. The economy added 263,000 jobs, while the unemployment rate remained at 3.7%, still near its lowest level in 53 years, the …

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Railroad major union SMART-TD votes to reject labor deal as nationwide strike nears

Railroad major union SMART-TD votes to reject labor deal as nationwide strike nears

An aerial view of shipping containers and freight trains at the BNSF Los Angeles Intermodal Facility yard in Los Angeles, California, September 15, 2022. Bing Guan | Reuters SMART-TD, one of the largest railroad unions, rejected the tentative agreement with railroad management, raising the likelihood of a strike in December. BLET, the other largest union …

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