Latest U.S. Department of Labor News

More Americans apply for jobless aid last week

Sep. 22, 2022 08:59 AM EDT

WASHINGTON (AP) — The number of Americans filing for jobless benefits rose slightly last week with the Federal Reserve pushing hard to cool the economy and tamp down inflation. Applications for unemployment benefits for the week ending Sept. 17 rose by 5,000 to 213,000, the Labor...

Fewer Americans file for jobless benefits again last week

Sep. 15, 2022 08:40 AM EDT

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell again last week to a four-month low even as the Federal Reserve continues its aggressive interest rate cuts to bring inflation under control. Applications for jobless aid for the week ending Sept. 10...

Fewer Americans apply for jobless aid last week

Sep. 08, 2022 09:04 AM EDT

WASHINGTON (AP) — The number of Americans filing for unemployment benefits last week fell to its lowest level since May despite repeated attempts by the Federal Reserve to cool the economy and bring inflation under control. Applications for jobless aid for the week ending Sept. 3...

Stocks shed early gains, end lower for 3rd straight week

Sep. 02, 2022 17:29 PM EDT

Stocks gave up an early rally and closed lower Friday, marking their third losing week in a row and extending Wall Street's late-summer slump. Major stock indexes initially climbed broadly following the government's latest job market report, which showed employers slowed their...

EXPLAINER: 5 key takeaways from the August jobs report

Sep. 02, 2022 14:29 PM EDT

WASHINGTON (AP) — The nation's job market last month delivered what the Federal Reserve and nervous investors had been hoping for: A Goldilocks-style hiring report. Job growth was solid — not too hot, not too cold. And more Americans began looking for work, which could ease...

Fewer Americans file for jobless benefits last week

Sep. 01, 2022 09:03 AM EDT

WASHINGTON (AP) — Fewer Americans filed for unemployment benefits last week as the labor market continues to shine despite weakening elements of the U.S. economy. Applications for jobless aid for the week ending Aug. 27 fell by 5,000 to 232,000, the Labor Department...

Hints of cooling prices, but Fed vows firm inflation stance

Aug. 26, 2022 11:30 AM EDT

WASHINGTON (AP) — Inflation eased last month as energy prices tumbled, raising hopes that the surging costs of everything from gasoline to food may have peaked. According to a Commerce Department report Friday that is closely watched by the Federal Reserve, consumer prices rose...

Fewer Americans file for jobless benefits last week

Aug. 18, 2022 08:54 AM EDT

WASHINGTON (AP) — Slightly fewer Americans filed for unemployment benefits last week as the labor market continues to stand out as one of the strongest segments of the U.S. economy. Applications for jobless aid for the week ending August 13 fell by 2,000 to 250,000, the Labor...

Mississippi Wing Stop to pay back wages for labor violations

Aug. 16, 2022 20:01 PM EDT

SOUTHAVEN, Miss (AP) — A Mississippi franchise operator of five chain chicken wing restaurants was illegally deducting money from workers’ wages and violated child labor regulations, according to the U.S. Department of Labor. Boss Wings Enterprises LLC in Southaven, which is...

US unemployment claims rise by 14,000 to 262,000

Aug. 11, 2022 09:01 AM EDT

WASHINGTON (AP) — The number of Americans who signed up for unemployment benefits rose last week to the highest level since November, though the U.S. job market continues to show signs of strength. Applications for jobless aid climbed by 14,000 to 262,000 and now have risen five...