Verizon Strike May Depress U.S. Jobs Report, Labor Data Show

May 27, 2016 6:12 PM

27 0

The walkout by Verizon Communications Inc. employees last month pushed the number of striking U.S. workers to the highest in more than four years and could depress the May jobs numbers slated for release next week, data from the Labor Department showed.

The agency’s report on Friday provides information on workers in strikes involving 1,000 or more employees who were idle for the entire reference pay period, which includes the 12th of the month. The report identified the telecommunications provider as the company involved, with 35,100 workers off t...

Read more

To category page