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The Latest Breaking News from Labor Department

More Americans apply for jobless benefits; layoffs still low

More Americans applied for unemployment benefits last week, but layoffs remain at historic lows

The Independent UK

The Biden Administration Is Ignoring How Its Policies Will Worsen Inflation. Again.

The Biden Administration Is Ignoring How Its Policies Will Worsen Inflation. Again.

In the 1980s, the Reagan administration made changes to the Davis-Bacon Act to help control inflation. The Labor Department is planning to undo them.

What is inflation and what causes it?

Inflation is when the dollars in your wallet lose their purchasing power — either because the money supply has dramatically increased or because prices have surged.

Tribune News Service

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Economy and Society: The Labor Department and ESG

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Biden's Dishonest Attempt To Pin Inflation on Putin

The White House's latest attempt to scapegoat rising prices ignores everything that happened before the past three weeks.

'Held Hostage To External Events': Experts React To 7.9% CPI Inflation, Highest Since 1982

The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded lower by 1.2% on Thursday morning after the Labor Department reported a 7.9% increase in the consumer price index in the month of February, the largest inflation growth since 1982.

Economic Data Scheduled For Wednesday

The MBA's index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET. The Labor Department's JOLTS report for January will be released at 10:00 a.m. ET. Job openings are likely to hold steady at 10.900 million in January compared to December's higher-than-expected level…

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How Does The Inflation And Oil Shock Of 2022 Compare To The Late 1970s?

How Does The Inflation And Oil Shock Of 2022 Compare To The Late 1970s?

The Labor Department recently reported a 7.5% increase in the consumer price index in the month of January, the fastest inflation growth since 1982. While inflation rates at 40-year highs may seem scary at first glance, economists say today's economic situation is far different than the period of hyperinflation in…

Labor Department mulls more climate rules for retirement plans

WASHINGTON — The Labor Department signaled it could pursue additional rules to shield retirement savings and pensions from climate-related financial risk, furthering its commitment to ensure plan sponsors consider environmental, social and governance factors in investment decisions.

Tribune News Service

Labor Department mulls more climate rules for retirement plans - Roll Call

Labor Department mulls more climate rules for retirement plans - Roll Call

The Labor Department is considering rules for retirement plan sponsors to consider climate change as a risk to their investments.

As guest workers increase, so do concerns of wage cheating

As guest workers increase, so do concerns of wage cheating

From 2005 to 2020, U.S. employers around the country were ordered to pay more than $42.5 million in back wages to 69,000 workers who perform seasonal low-wage jobs on guest worker visas

The Independent UK

'Another Surprise Jump': Experts React To 7.5% CPI Inflation, Highest Since 1982

'Another Surprise Jump': Experts React To 7.5% CPI Inflation, Highest Since 1982

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1.3% on Thursday morning after the Labor Department reported a 7.5% increase in the consumer price index in the month of January, the fastest inflation growth since 1982.

US Adds 467,000 Jobs In January: 'Good For The Economy, But Not For Markets'

US Adds 467,000 Jobs In January: 'Good For The Economy, But Not For Markets'

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.2% Friday morning after the Labor Department reported encouraging U.S. jobs market numbers from January.

Justice Gorsuch's Error in NFIB v. OSHA

The concurrence did not accurately quote a Labor Department brief from 2020.

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