Latest U.S. Department of Labor News

This Week: Netflix earns, jobless benefits, US home sales

Jan. 18, 2021 1:10 AM EST

A look at some of the key business events and economic indicators upcoming this week: BINGE THIS Wall Street expects that Netflix closed out 2020 with another solid quarter. The video streaming service has been riding a wave of popularity as people spend more time at home due to the pandemic. The company gained...

Supporters of President Donald Trump climb the west wall of the the U.S. Capitol on Wednesday, Jan. 6, 2021, in Washington. (AP Photo/Jose Luis Magana)

The Latest: Seattle probes officers about Washington rally

Jan. 9, 2021 1:49 AM EST

WASHINGTON (AP) — The Latest on the fallout of the storming of the Capitol by a mob of pro-Trump loyalists (all times local): 1:30 a.m. Seattle’s police chief says two city officers were apparently in Washington, D.C., Wednesday when a violent mob of President Donald Trump’s supporters...

FILE - In this Dec. 14, 2020 file photo, Zeida Hernandez, of Tampa, Fla., left, makes Factory Throwout cigars using an antique hand-operated cigar machine at the J.C. Newman Cigar Co., Tampa's last cigar factory, in Fla. American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic better than the battered services sector. (Douglas R. Clifford/Tampa Bay Times via AP)

US unemployment claims slip to still-high 787,000

Jan. 7, 2021 10:16 AM EST

WASHINGTON (AP) — The number of Americans seeking unemployment aid fell slightly last week to 787,000, a historically high number that points to a weak job market held back by the viral pandemic. Thursday's figure from the Labor Department, a slight decline from the previous week, shows that even with the...

FILE - In this April 1, 2020, file photo, several dozen Delta Air Lines jets are parked at Kansas City International Airport in Kansas City, Mo. A U.S. Labor Department judge says the head of the Federal Aviation Administration helped Delta Air Lines retaliate against a pilot who raised safety concerns while he was an executive with the airline. (AP Photo/Charlie Riedel, File)

Arbitrator rules that FAA chief aided retaliation case

Dec. 28, 2020 5:16 PM EST

A U.S. Labor Department judge says the head of the Federal Aviation Administration helped Delta Air Lines retaliate against a pilot who raised safety concerns while he was an executive with the airline. An administrative law judge for the department ruled that Stephen Dickson and other Delta executives steered a...

This Week: Home prices, pending home sales, jobless claims

Dec. 28, 2020 1:10 AM EST

A look at some of the key business events and economic indicators upcoming this week: TRACKING HOME PRICES A healthy demand for homes and a shrinking supply of available properties has helped keep home prices climbing. S&P’s CoreLogic Case-Shiller home price index, which tracks the value of homes in 20...

FILE - In this Wednesday, Sept. 2, 2020, file photo, passers-by walk past a business storefront with store closing and sale signs in Dedham, Mass. U.S. employers advertised for slightly fewer jobs in August while their hiring ticked up modestly. The Labor Department said Tuesday, Oct. 6, 2020,  that the number of U.S. job postings on the last day of August dipped to 6.49 million, down from 6.70 million July. (AP Photo/Steven Senne, File)

US Oct. job openings blip up to 6.7 million but hiring slows

Dec. 9, 2020 10:40 AM EST

WASHINGTON (AP) — U.S. employers advertised slightly more job openings in October, but hiring slipped as a resurgence of COVID-19 threatens the economic recovery. And the number of Americans fired or laid off rose for the first time since June. Job postings rose to 6.65 million in October from 6.49 million...

Agnes Makokha, 45, of Columbus, Ohio, stands outside her apartment Friday, December 4, 2020. Makokha is among millions of Americans at risk of losing unemployment benefits come Dec. 26.  She lost her job in December and due to hiring freezes in place since the pandemic began, has been unable to find employment.  (AP Photo/Farnoush Amiri)

Gripped by surging pandemic, US employers cut back on hiring

Dec. 4, 2020 4:20 PM EST

WASHINGTON (AP) — With the viral pandemic accelerating across the country, America’s employers sharply scaled back their hiring last month, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown. At the same time, the unemployment rate fell to a still-high 6.7%, from...

FILE - This May 7, 2020, file photo shows a man wearing a mask while walking under a Now Hiring sign at a CVS Pharmacy during the coronavirus outbreak in San Francisco.  Friday, Dec. 4, monthly U.S. jobs report will help answer a key question hanging over the economy: Just how much damage is being caused by the resurgent coronavirus, the resulting restrictions on businesses and the reluctance of consumers to shop, travel and dine out?  (AP Photo/Jeff Chiu, File)

EXPLAINER: 5 key takeaways from the November jobs report

Dec. 4, 2020 2:57 PM EST

WASHINGTON (AP) — Evidence was abundant in the November jobs report that the U.S. economy's tentative recovery is sputtering as coronavirus cases accelerate and federal aid runs out. Hiring slowed sharply. Hundreds of thousands of people gave up looking for work. The proportion of the unemployed who have...

In this photo provided by the New York Stock Exchange, specialist James Denaro works at his post on the trading floor, Thursday Dec. 3, 2020. U.S. stocks are inching further into record heights Thursday, as Wall Street continues to coast following its rocket ride last month powered by hopes for coming COVID-19 vaccines. (Nicole Pereira/New York Stock Exchange via AP)

Asian stocks mixed after Wall St slips near record high

Dec. 3, 2020 10:23 PM EST

BEIJING (AP) — Asian stock markets followed Wall Street lower Friday after Pfizer Inc. cut the number of doses of a planned coronavirus vaccine it might ship this year. Benchmarks in Shanghai, Tokyo and Hong Kong, which are the bulk of the region's market value, retreated while Sydney advanced. Wall...

FILE - In this June 26, 2020, file photo, volunteers Juanita MacKenzie, front, and Dave Stutman carry boxes of food to a waiting car at a large mobile pantry set up by the Food Bank of the Rockies in the parking lot of Empower Field at Mile High in west Denver. In an effort to keep Colorado residents fed and employed this winter, Colorado's Legislature is concluding a special session Wednesday, Dec. 2, 2020, by passing bills offering assistance to restaurants and food pantries struggling to keep their doors open during the coronavirus pandemic. (AP Photo/David Zalubowski, File)

US jobless claims remain high at 712,000 as virus escalates

Dec. 3, 2020 9:21 AM EST

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell as the nation celebrated Thanksgiving last week to a still-high 712,000, the latest sign that the U.S. economy and job market remain under stress from the intensified viral outbreak. Thursday's report from the Labor...