Latest U.S. Department of Labor News
Next Week in Business: jobless claims, mortgage rates and Wall Street's first trading day of 2025
A look at some of the key business events and economic indicators upcoming next week. LAYOFFS UPDATE The Labor Department issues its weekly tally of new unemployment benefit claims on Thursday. The number of Americans applying for unemployment benefits...
Stock market today: Wall Street drifts to a mixed close in thin trading following a holiday pause
Stock indexes drifted to a mixed finish on Wall Street Thursday, as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 fell less than 0.1% after spending the day wavering between small gains and losses. The tiny loss...
How major US stock indexes fared Thursday, 12/26/2024
Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 slipped less than 0.1% Thursday, its first loss after three straight gains. The Dow Jones Industrial Average added 0.1%, and...
US applications for unemployment benefits hold steady, but continuing claims rise to 3-year high
WASHINGTON (AP) — The number of Americans applying for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years. Jobless claim applications ticked down by 1,000 to 219,000 for the week of Dec. 21, the Labor Department reported...
Next Week: Retail sales, newly constructed homes, unemployment benefit claims
A look at some of the key business events and economic indicators upcoming next week. Retail review Redbook Research releases its weekly gauge of retail sales on Tuesday. The report is a key indicator of retailers’ performance because it measures...
US applications for unemployment benefits come back down after last week's big rise
The number of Americans applying for unemployment benefits fell markedly last week following a big increase the week before. Jobless claim applications declined by 22,000 to 220,000 for the week of Dec. 14, the Labor Department reported Thursday. That’s fewer than the 229,000...
Biden establishes a national monument for Frances Perkins, the 1st female Cabinet secretary
WASHINGTON (AP) — President Joe Biden on Monday established a national monument honoring the late FDR-era Labor Secretary Frances Perkins, the first woman to serve in a presidential Cabinet and a driving force behind Franklin D. Roosevelt's New Deal programs after the Great Depression. ...
Senate report alleges Amazon rejected warehouse safety recommendations due to productivity concerns
At least two internal Amazon studies found a link between how quickly the online retailer's warehouse workers perform tasks and workplace injuries, but the company rejected many safety recommendations out of concern the proposed changes might reduce productivity, according to a U.S. Senate...
US applications for jobless benefits rise to highest level in 2 months but remain relatively low
U.S. applications for unemployment benefits jumped to their highest level in two months last week but remain low relative to historical standards. Jobless claim applications climbed by 17,000 to 242,000 for the week of Dec. 7, the Labor Department reported Thursday. That’s...
Next Week: small business index, consumer prices, producer prices
A look at some of the key business events and economic indicators upcoming this week. Business barometer The National Federation of Independent Business serves up its small business economic trends index on Tuesday. The monthly index tracks small...
