After the Bureau of Labor Statistics (BLS) monthly Employment Situation report landed on Friday, much of the coverage focused on the increase in average hourly earnings. Up by 2.9% over the last year, ...

Reading up on the Chicago Teachers’ Union strike, I note not for the first time that in the real world nominal figures, rather than so-called “real” ones, matter a great deal: Pay is also an issue.

The U.S. jobless claims numbers are out today. How many people filed for support in the employment insurance system that is? And we're seeing reports that this is the lowest number in four decades, it ...