Latest Labor economy News

President Joe Biden signs an executive order on climate change, in the State Dining Room of the White House, Wednesday, Jan. 27, 2021, in Washington. (AP Photo/Evan Vucci)

Biden: 'We can't wait any longer' to address climate crisis

Jan. 27, 2021 11:56 PM EST

WASHINGTON (AP) — In the most ambitious U.S. effort to stave off the worst of climate change, President Joe Biden signed executive orders Wednesday to transform the nation’s heavily fossil-fuel powered economy into a clean-burning one, pausing oil and gas leasing on federal land and targeting...

Security patrol outside the Pullman Hotel in Auckland, New Zealand, July 6, 2020. Health officials in New Zealand say Monday, Jan. 25, 2021, that genome tests indicate the country's most recent COVID-19 patient contracted the virus from another returning traveler just before leaving quarantine. (Peter Meecham/New Zealand Herald via AP)

The Latest: More rules for returning New Zealand travelers

Jan. 27, 2021 11:54 PM EST

WELLINGTON, New Zealand — Travelers returning to New Zealand will face stricter rules at quarantine hotels as health authorities investigate how up to three people got infected with the coronavirus while isolating at Auckland’s Pullman Hotel. The people were released before testing positive and...

Kansas Gov. Laura Kelly answers questions from reporters during a news conference in which she announces that the state will shut down its system for processing unemployment claims to combat fraud, Wednesday, Jan. 27, 2021, at the Statehouse in Topeka, Kan. The 2 1/2-day shutdown will delay payments to some jobless workers while the state installs anti-fraud processes. (AP Photo/John Hanna)

Kansas to shut down unemployment system to deal with fraud

Jan. 27, 2021 11:00 PM EST

TOPEKA, Kan. (AP) — Thousands of fraudulent unemployment claims are prompting Kansas to shut down its processing system this weekend, meaning some jobless workers will have payments delayed as the state installs new anti-fraud protections, Gov. Laura Kelly announced Wednesday. Kelly acknowledged that...

Federal Reserve Chairman Jerome Powell testifies before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Dec. 2, 2020. (Greg Nash/Pool via AP)

Fed stresses its commitment to low rates as economy stumbles

Jan. 27, 2021 6:28 PM EST

WASHINGTON (AP) — Chair Jerome Powell said Wednesday that the Federal Reserve will keep pursuing its low-interest rate policies until an economic recovery is well underway, acknowledging that the economy has faltered in recent months. The Fed said in a statement after its latest policy meeting that hiring...

Vice President Kamala Harris participates in a swearing-in ceremony with Treasury Secretary Janet Yellen and Yellen's husband George Akerlof, Tuesday, Jan. 26, 2021, at the White House in Washington.  The Treasury building stands behind.   (AP Photo/Patrick Semansky)

Yellen says Treasury focus to help nation reeling from virus

Jan. 26, 2021 5:27 PM EST

WASHINGTON (AP) — Janet Yellen, sworn in Tuesday as the nation's 78th Treasury secretary and the first woman to hold the office, said in a message to the department's 84,000 employees that they would play a major role in addressing the country's biggest economic challenges. “In addition to the...

Commerce secretary-nominee Rhode Island Gov. Gina Raimondo testifies remotely during her nomination hearing before the Senate Commerce, Science and Transportation Committee on Capitol Hill in Washington, Tuesday, Jan. 26, 2021. (Jonathan Ernst/Pool via AP)

Biden's Commerce pick, Raimondo, voices tough line on China

Jan. 26, 2021 2:02 PM EST

WASHINGTON (AP) — President Joe Biden’s pick to oversee the Commerce Department took a tough line on China in her confirmation hearing Tuesday, though she stopped short of singling out which Chinese companies should remain on a list that limits their access to advanced U.S. technology. If confirmed,...

A sales associate helps customers as they consider the purchase of a big-screen television at a Costco warehouse on Wednesday, Nov. 18, 2020, in Sheridan, Colo.  U.S. consumer confidence fell to a reading of 96.1 in November as rising coronavirus cases pushed Americans’ confidence down to the lowest level since August. The Conference Board said the November reading represented a drop from a revised 101.4 in October.  (AP Photo/David Zalubowski)

US consumer confidence rebounds in January

Jan. 26, 2021 11:13 AM EST

WASHINGTON (AP) — U.S. consumer confidence rose in January as Americans became more optimistic about the future. The Conference Board reported Tuesday that its consumer confidence index increased to 89.3, a rebound from December when it dipped to 87.1. The increase was fueled by the board's rising...

President Joe Biden speaks during an event on American manufacturing, in the South Court Auditorium on the White House complex, Monday, Jan. 25, 2021, in Washington. (AP Photo/Evan Vucci)

Biden more bullish on vaccines, open to 1.5M daily shot goal

Jan. 26, 2021 6:07 AM EST

WASHINGTON (AP) — President Joe Biden appeared to boost his goal for coronavirus vaccinations in his first 100 days in office, suggesting the nation could soon be injecting 1.5 million shots on an average per day. Biden signaled on Monday his increasing bullishness on the pace of vaccinations after signing...

FILE — In his Dec. 18, 2020 file photo a runner passes the office of the California Employment Development Department in Sacramento, Calif. California reported a significant surge in unemployment claims last week for independent contractors, accounting for more than a quarter of all such climbs nationally and raising concerns about a return of widespread fraud, Thursday, Jan. 21, 2021. (AP Photo/Rich Pedroncelli, File)

California: Criminal rings loot billions in jobless funds

Jan. 25, 2021 9:08 PM EST

LOS ANGELES (AP) — Sophisticated hackers, identity thieves and overseas criminal rings stole over $11 billion in unemployment benefits from California last year, but the extent of the fraud might grow far larger: billions more in payments are under investigation. California Labor Secretary Julie Su told...

California paid $11 billion in bogus jobless claims last year, investigating possible fraud involving $20 billion more

Jan. 25, 2021 7:36 PM EST
LOS ANGELES (AP) — California paid $11 billion in bogus jobless claims last year, investigating possible fraud involving $20 billion more.