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    Common Dreams. To inform. To inspire. To ignite change for the common good.
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    LATEST NEWSOPINIONCLIMATEECONOMY POLITICS RIGHTS & JUSTICEWAR & PEACE
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    Common DreamsTo inform. To inspire. To ignite change for the common good.

    the century foundation

    Job seekers attend a career fair

    Trump Economy 'Stalling Out' as Unemployment Rate Hits Highest Level in 4 Years

    "Trump may give himself an A++++ on the economy, but these latest jobs numbers are failing working families."

    Jake Johnson
    Dec 16, 2025

    Federal data belatedly released Tuesday shows that the US unemployment rate rose to the highest level in four years last month as President Donald Trump's administration continues its assault on the government's workforce and American corporations lay off workers at a level not seen in decades.

    The unemployment rate rose to 4.6% in November, up from 4.4% in September, according to the Labor Department report, whose release was delayed due to the recent government shutdown.

    Keep ReadingShow Less
    News
    unemployment
    Job seekers attend a career fair

    New Unemployment Claims Jump to Highest Level in Months as Trump Economy Teeters

    "While President Trump calls affordability a ‘hoax,’ countless families are being forced into impossible tradeoffs every day."

    Jake Johnson
    Dec 11, 2025

    Federal data released Thursday shows that the number of Americans filing for unemployment benefits surged last week, another indication of growing instability in President Donald Trump's economy as corporations lay off workers en masse and prices continue to rise.

    For the week ending December 6, new unemployment claims jumped to 236,000—an increase of 44,000 from the previous week, according to figures from the US Labor Department.

    Keep ReadingShow Less
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    unemployment
    More Americans Fall Behind on Utility Bills as AI Data Centers, Trump Attacks on Renewables Raise Costs

    More Americans Fall Behind on Utility Bills as AI Data Centers, Trump Attacks on Renewables Raise Costs

    "It’s hard to see utility bills coming down in this decade," said one industry analyst.

    Brad Reed
    Nov 17, 2025

    Although the rising cost of groceries has gotten a lot of attention in recent weeks, US consumers are also increasingly under pressure from the rising cost of electricity.

    A new report from researchers at The Century Foundation and financial abuse watchdog Protect Borrowers has found that the average overdue balance on utility bills has surged by 32% over the last three years, going from $597 in 2022 to $789 in 2025. What's more, the report estimates that roughly 1 out of every 20 US households has utility debt that is "so severe it was sent to collections or in arrears."

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