Economy Gains 304,000 Jobs in January; Unemployment Rises to 4%

The U.S. economy gained 304,000 jobs in January, and the unemployment rate rose to 4%, according to figures released this morning by the U.S. Bureau of Labor Statistics. Wage growth of 3.2% is positive but insufficient to restore labor's share of national income, and too low to conclude that labor markets are tight. Because 19 states boosted their minimum wage, wages in leisure and hospitality (the bulk of whom are fast-food workers) gained 4.7% in wage growth, while in manufacturing wages only rose 2.4%. The Federal Reserve's Open Market Committee made the right decision to hold back on further rate increases.

Stories of the Shutdown

As the government lockout of hundreds of thousands of government employees goes into its second month, the burden on working people continues to grow. Many of the affected Americans have shared their plight via the #ShutdownStory hashtag. Here are the real stories of the people harmed by this shutdown.

Better Pay and Benefits

Los Angeles Teachers Stay Strong; Win Improvements

UTLA
UTLA

Less than a month into 2019, the teachers of Los Angeles have proven that last year’s wave of collective action isn’t quieting down. After taking to the streets in a strike that has captured the country’s imagination, members of United Teachers Los Angeles (UTLA) are returning to classrooms today after overwhelmingly approving a paradigm-shifting contract that delivers on key demands.