Latest U.S. Department of Labor News
US job openings hit 10.1 million and labor market still strong despite Fed efforts to cool economy
WASHINGTON (AP) — U.S. job openings rose unexpectedly in April, illustrating the resilience of the American labor market and complicating Federal Reserve efforts to fight inflation. Employers posted 10.1 million job openings last month, up from 9.7 million in March and the most...
6 Sonic Drive-In restaurants in Nevada pay $71K in child labor law fines
RENO, Nev. (AP) — The owners and operators of six Sonic Drive-In restaurants in northern Nevada have paid more than $71,000 in civil penalties to resolve violations of federal child labor regulations at their locations in Reno, Sparks, Carson City, Fallon and Minden, the U.S. Labor Department...
This Week: Consumer confidence, Macy’s earns, jobs report
A look at some of the key business events and economic indicators upcoming this week: NOT SO CONFIDENT? The Conference Board releases its latest U.S. consumer confidence index Tuesday. The index fell in April as anxiety over a slowing economy and...
Teen workers are in high demand for summer and commanding better pay
BOSTON (AP) — Teens have long been vital to filling out the summertime staffs of restaurants, ice cream stands, amusement parks and camps. Now, thanks to one of the tightest labor markets in decades, they have even more sway, with an array of jobs to choose from at ever higher...
More Americans apply for jobless benefits but labor market remains tight
U.S. applications for jobless claims rose slightly last week but remain at healthy levels with companies reticent to let go of employees in a tight labor market. The number of Americans filing for jobless claims for the week ending May 20 rose by 4,000 to 229,000 from 225,000 the...
Worker dies after becoming pinned in machinery at Indiana steel plant
BUTLER, Ind. (AP) — A Fort Wayne man died early Friday in an industrial incident at a northeastern Indiana steel plant, authorities said. Investigators believe Kevin Hartsock was working on machinery at the Heidtman Steel plant in Butler when he became pinned inside it, the DeKalb...
Fewer Americans apply for jobless benefits, labor market still showing strength
Fewer Americans applied for jobless benefits last week following a previous spike that many analysts took as a sign that higher interest rates were finally cooling the labor market. It turns out the recent jump in jobless benefit applications was largely due to fraudulent...
Weekly US jobless claims highest since 2021, but companies avoid risk of being caught short-handed
The number of Americans filing for unemployment benefits last week rose to its highest level in a year-and-a-half, though jobs remain plentiful by historical standards even as companies cut costs as the economy slows. Applications for jobless aid for the week ending May 6 rose by...
Goodyear plant in Mexico votes to throw out old-guard union
MEXICO CITY (AP) — Workers at a Goodyear tire plant in Mexico voted Monday to throw out an old-guard union that was accused of stealing a ballot box at a failed union election last month. The skullduggery at the plant in the north-central state of San Luis Potosi illustrated the...
Electronic Arts earns, consumer prices, consumer sentiment
A look at some of the key business events and economic indicators upcoming this week: GAME ON Video game maker Electronic Arts delivers its latest quarterly report card Tuesday. Wall Street predicts that the company’s fiscal fourth-quarter earnings increased versus the same quarter last year,...
