Latest U.S. Department of Labor News
US jobless claims inch down as labor market remains tight
The labor market continues to defy Federal Reserve attempts at loosening it, with U.S. applications for unemployment benefits down again last week and remaining at historically low levels. Jobless claims in the U.S. for the week ending March 18 fell by 1,000 to 191,000 from the...
US jobless aid claims fell last week as layoffs remain low
Fewer Americans applied for jobless claims last week as the labor market continues to thrive despite the Federal Reserve's efforts to cool the economy and tamp down inflation. Applications for jobless claims in the U.S. for the week ending March 11 fell by 20,000 to 192,000 from...
This week: consumer prices, Lennar earnings, retail sales
A look at some of the key business events and economic indicators upcoming this week: EYE ON INFLATION The Labor Department delivers its latest monthly index of inflation at the consumer level Tuesday. Analysts are forecasting that prices rose 5.9% in...
5 key takeaways from the February US jobs report
WASHINGTON (AP) — The American job market has once again confounded expectations. The nation's employers added a hefty 311,000 jobs last month, the government reported Friday, easily surpassing the 208,000 gain that forecasters had expected. The latest evidence that...
Applications for US jobless aid rise by most in 5 months
The number of Americans applying for unemployment benefits last week jumped by the most in five months, but layoffs remain historically low as the labor market continues to be largely unaffected by the Federal Reserve's interest rate hikes. Applications for jobless claims in the U.S....
January US job openings dip, but still high at 10.8 million
WASHINGTON (AP) — U.S. employers posted 10.8 million job openings in January, indicating the American job market continues to run too hot for the inflation fighters at the Federal Reserve. Job openings fell from 11.2 million in December but remained high by historical standards,...
Mexican factory again draws controversy after US complaints
MEXICO CITY (AP) — A Mexican border assembly plant that drew an unusual two U.S. labor complaints was back at the center of controversy Monday, after a judge outlawed a planned strike there. The dispute centers on the VU Manufacturing auto parts plant in the border city of Piedras...
Biden pushes for $1.6B funding for pandemic fraud measures
President Joe Biden's administration is asking Congress to approve more than $1.6 billion to help clean up the mess of fraud against the massive government coronavirus pandemic relief programs. In a strategy announced Thursday, the administration called for money and more time to...
Applications for jobless claims fall for 3rd straight week
The number of people applying for unemployment benefits in the U.S. fell for third straight week. That's good news for American workers, but potentially bad news in the fight against inflation by the Federal Reserve, which has been ratcheting up its benchmark interest rate for a year in an effort...
Biden to nominate Julie Su as next US labor secretary
WASHINGTON (AP) — President Joe Biden is nominating Julie Su, the current deputy and former California official, as his next labor secretary, replacing the departing incumbent, former Boston Mayor Marty Walsh. Su, a civil rights attorney and former head of California's labor...
