Latest U.S. Department of Labor News

Fewer Americans file for jobless claims last week

Jan. 26, 2023 08:54 AM EST

WASHINGTON (AP) — Fewer Americans filed for unemployment benefits last week as the labor market remains tight, even as the Federal Reserve has tried to cool the economy and inflation by raising interest rates. Applications for jobless aid in the U.S. for the week ending Jan. 21...

Lego to move from Connecticut to Boston starting in 2025

Jan. 24, 2023 16:34 PM EST

ENFIELD, Conn. (AP) — The Lego Group announced Tuesday that it will move its North American headquarters from Enfield, Connecticut, to Boston, Massachusetts, by the end of 2026. Skip Kodak, president of the Lego Group in the Americas, said in a release that the move supports the...

Fewer Americans file for jobless benefits last week

Jan. 19, 2023 09:02 AM EST

WASHINGTON (AP) — The number of people seeking unemployment benefits in the U.S. reached a four-month low last week, a sign that employers are holding on to their workers despite the Federal Reserve’s efforts to slow the economy and tamp down inflation. U.S. jobless aid...

US applications for jobless benefits lowest in 15 weeks

Jan. 12, 2023 09:10 AM EST

WASHINGTON (AP) — U.S. applications for unemployment benefits fell to their lowest level in 15 weeks as the job market continues to show resiliency in the face of attempts by the Federal Reserve to cool the economy. The number of Americans applying for jobless aid for the week...

Small businesses to tackle long list of challenges in 2023

Jan. 10, 2023 06:01 AM EST

NEW YORK (AP) — Small businesses face a mix of old and new challenges as 2023 begins. A looming recession, still high (although easing) inflation and labor woes are some of issues carrying over from 2022 that small businesses will have to tackle. There are also new regulatory wrinkles, such as a...

This Week: KB Home earns, consumer prices, Delta earns

Jan. 09, 2023 08:14 AM EST

A look at some of the key business events and economic indicators upcoming this week: HOMEBUILDER SPOTLIGHT KB Home delivers its fiscal fourth-quarter results Wednesday. Wall Street predicts the Los Angeles-based homebuilder will report that its earnings...

Farms settle suits on using immigrants over Black US workers

Jan. 06, 2023 17:57 PM EST

JACKSON, Miss. (AP) — Two agriculture businesses in the Mississippi Delta and some Black farm workers have settled the workers' lawsuits over claims the farms hired white laborers from South Africa and paid them more than the local Black employees for the same type of work. Federal...

US jobless claim applications fall to lowest in 14 weeks

Jan. 05, 2023 09:04 AM EST

WASHINGTON (AP) — The number of Americans applying for jobless benefits fell to the lowest level in more than three months last week, reflecting a still-robust job market despite the Federal Reserve's efforts to cool the economy and bring down decades-high inflation. Applications...

US job openings stayed high in sign of economic resilience

Jan. 04, 2023 11:08 AM EST

WASHINGTON (AP) — U.S. job openings slipped in November but remained high, suggesting businesses are still determined to add workers, a blow to the Federal Reserve's efforts to cool hiring and wage gains. There were 10.46 million job vacancies on the last day of November, down...

Applications for US unemployment aid rose slightly last week

Dec. 29, 2022 09:08 AM EST

WASHINGTON (AP) — The number of people seeking unemployment benefits rose only slightly last week with the labor market remaining strong despite the Federal Reserve's efforts to cool the economy and hiring. Applications for unemployment aid for the week ending Dec. 24 climbed 9,000...