U.S. Labor Market Stays Strong with Low Unemployment, Higher Wages, More Union Wins
• Unemployment stayed below 4% for a record 22 straight months while wages rose faster than inflation
• Layoffs were concentrated in tech and media but remained low overall
• Unions secured major pay raises and better working conditions through strikes and negotiations
• Workers without college degrees saw the biggest wage gains, especially women and other marginalized groups
• Union membership rates still remain at historic lows despite labor's successes