Latest U.S. Department of Labor News
Biden administration finalizes rule to grant overtime for millions more salaried workers
NEW YORK (AP) — The Biden administration has finalized a new rule set to make millions of more salaried workers eligible for overtime pay in the U.S. The move marks the largest expansion in federal overtime eligibility seen in decades. Starting July 1, employers will be required...
America’s child care crisis is holding back moms without college degrees
AUBURN, Wash. (AP) — After a series of lower-paying jobs, Nicole Slemp finally landed one she loved. She was a secretary for Washington’s child services department, a job that came with her own cubicle, and she had a knack for working with families in difficult situations. Slemp...
Trump called this visa 'very bad' for Americans. Truth Social applied for one
MIAMI (AP) — The social media company founded by former President Donald Trump applied for a business visa program that he sought to restrict during his administration and which many of his allies want him to curtail in a potential second term. Trump Media & Technology Group,...
Coal miners have long faced risk of black lung disease. Now they're getting new protections
WASHINGTON (AP) — Coal miners will be better protected from poisonous silica dust that has contributed to the premature deaths of thousands of mine workers from a respiratory ailment commonly known as black lung disease, the Labor Department said Tuesday as it issued a new federal rule on miners'...
Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates
WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week as the labor market continues to thrive despite the Federal Reserve's efforts to cool it. The Labor Department reported Thursday that filings for unemployment claims for the week ending April 6 fell by 11,000...
US producer prices rose 2.1% from last year, most since April, but less than forecasters expected
WASHINGTON (AP) — U.S. producer prices rose rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. And wholesale inflation eased on a month to month basis. The Labor Department said Thursday that its producer price...
This Week: Consumer prices, Fed meeting minutes and earnings reports from several big banks
A look at some of the key business events and economic indicators upcoming this week INFLATION BAROMETER The Labor Department releases its March report on consumer prices Wednesday. Analysts expect inflation at the consumer level rose 3.4% in March from...
US applications for jobless benefits rise to highest level in two months, but layoffs remain low
The number of Americans applying for jobless benefits rose to their highest level in two months last week, but layoffs remain at historically low levels as the labor market continues to chug along despite elevated interest rates. The Labor Department reported Thursday that filings...
US job openings rise modestly to 8.8 million in February in strong labor market
WASHINGTON (AP) — U.S. job openings barely changed in February, staying at historically high levels in a sign that the American job market remains strong. The Labor Department reported Tuesday that employers posted 8.76 million job vacancies in February, up modestly from 8.75...
This week: Job openings, services sector, employment update
A look at some of the key business events and economic indicators upcoming this week. Help wanted? On Tuesday, the government reports the number of job openings in February. Analysts predict that job openings slipped from January, when America’s...