U.S. unit labor costs rose sharply in the third quarter, while productivity declined at its fastest pace since 1960, adding to signs of persistently high inflation.
The main trucking lobbies in Canada and the United States are warning that vaccine and testing requirements for workers will further disrupt supply chains because there is already a dire shortage of drivers.
Though unemployment fell to its lowest level in nearly two years, the U.S. added back a worse-than-expected 210,000 jobs in November—indicating the labor market is still struggling to add back jobs lost during the pandemic amid the looming threat of a new coronavirus variant.
Emma Riley, the White House communications chief of staff, became the second in the Biden-Harris team to hand in their resignation this week when she announced that she is leaving her post for a job in the Labor Department.
The Labor Department's Occupational Safety and Health Administration (OSHA) has suspended the enforcement of the Biden admin's Covid-19 vaccine mandate for private businesses.
Although six House Democrats from the progressive wing of the party voted against passage of the $1.2 trillion bipartisan infrastructure bill, House Speaker Nancy Pelosi passed the bill late Friday night with the help of 13 Republicans. Hidden inside the 2,300 pages of this complete boondoggle of a bill are numerous dangerous provisions that would have our founders rolling in their graves.
