Latest U.S. Department of Labor News

More Americans file for unemployment benefits last week, but layoffs remain historically low

Oct. 03, 2024 08:52 AM EDT

The number of Americans applying for unemployment benefits rose modestly last week but remains at healthy levels. The Labor Department reported Thursday that applications for jobless claims rose by 6,000 to 225,000 for the week of Sept. 28. It was slightly more than the 221,000...

US job openings rise to 8 million as labor market remains sturdy

Oct. 01, 2024 18:03 PM EDT

WASHINGTON (AP) — U.S. job openings rose unexpectedly in August as the American labor market continued to show resilience. The Labor Department reported Tuesday that employers posted 8 million vacancies in August, up from 7.7 million in July. Economists had expected openings to be...

This week: job openings, Nike earnings and September jobs report

Sep. 30, 2024 03:14 AM EDT

A look at some of the key business events and economic indicators upcoming this week. JOB OPENINGS On Tuesday, the Labor Department releases data on job openings for August. In July, there were about 7.7 million open jobs posted, down from 7.9 million in...

The number of Americans filing for jobless aid falls to lowest level in 4 months

Sep. 26, 2024 09:09 AM EDT

The number of Americans applying for unemployment benefits last week fell to the lowest level in four months. The Labor Department reported Thursday that applications for jobless claims fell by 4,000 to 218,000 for the week of Sept. 21. It was the fewest since mid-May and less than...

Weekly applications for US jobless benefits fall to the lowest level in 4 months

Sep. 19, 2024 09:56 AM EDT

The number of Americans applying for unemployment benefits fell to their lowest level in four months last week. Jobless claims slid by 12,000, to 219,000, for the week of Sept. 14, the Labor Department reported Thursday. That's fewer than economists' expectations for 230,000 new...

US filings for unemployment benefits inch up slightly but remain historically low

Sep. 12, 2024 10:13 AM EDT

Slightly more Americans filed for unemployment benefits last week, but layoffs remain at historically low levels despite two years of elevated interest rates. Jobless claims rose by 2,000 to 230,000 for the week of Sept. 7, the Labor Department reported Thursday. That number matches...

Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing

Sep. 12, 2024 09:19 AM EDT

WASHINGTON (AP) — U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week. The Labor Department said Thursday that its producer price index — which...

This week: Dave & Buster's, Kroger earnings; consumer prices report

Sep. 09, 2024 03:15 AM EDT

A look at some of the key business events and economic indicators upcoming this week. DAVE & BUSTER'S On Tuesday, Dave & Buster's releases its second-quarter earnings report after the closing bell. Analysts forecast that the arcade and family...

Applications for US jobless benefits fall to 2-month low as layoffs remain at healthy levels

Sep. 05, 2024 09:12 AM EDT

The number of Americans filing for unemployment benefits fell to its lowest level in two months last week, signaling that layoffs remain relatively low despite other signs of labor market cooling. Jobless claims fell by 5,000 to 227,000 for the week of Aug. 31, the Labor Department...

This Week: Construction spending, job openings, August hiring numbers

Sep. 03, 2024 03:15 AM EDT

A look at some of the key business events and economic indicators upcoming this week. UNDER CONSTRUCTION The Commerce Department releases its latest snapshot of U.S. construction spending Tuesday. Economists project that spending rebounded 0.4% in July...