By Jeff Cox via CNBC Federal Reserve Chair Jerome Powell emphasized his resolve to get inflation down, saying Tuesday he will back interest rate increases until prices start falling back toward a healthy level. “If that involves moving past broadly understood levels of neutral we won’t hesitate to do that,” the central bank leader told The Wall […]
By Jon Worth and Nicole Funari via Nareit The Bureau of Labor Statistics’ March Job Openings and Labor Turnover (JOLTs) report highlights the health of the labor market. March marked 23 straight months with hires greater than separations and the March JOLTs report showed private job openings are in excess of 10.5 million, the […]
The Bay State’s taxpayer-funded commuter rail service has recently made headlines for large raises, signing bonuses and other perks that its engineers and conductors have received. According to a report compiled by Pioneer Institute, a conservative fiscal watchdog, the MBTA has excessive labor costs that outrank other state agencies. The report called on Governor Patrick […]
