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The Latest Breaking News from the Labor Department

Egg and milk prices fall, fueling hope for interest rate cuts

Inflation eased last month, according to a report Wednesday from the Labor Department, which means people feeling stretched by high prices and high borrowing costs could feel a little relief soon.

WEKU

US Consumer Inflation Eases Slightly In April, In Good News For Biden

US consumer inflation eased slightly last month, according to US government data published Wednesday, a positive sign for President Joe Biden ahead of November's election.

International Business Times

US Unemployment Claims Remain Historically Low Amid Economic Challenges

The latest Labor Department report shows stable U.S. unemployment claims at 208,000, reflecting a resilient labor market amid economic challenges.

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New Biden administration rule to make millions more salaried workers eligible for overtime pay

The Labor Department announced a new rule that will extend overtime pay to salaried workers who earn less than $43,888 annually. It will go into effect July 1

Latin Times

US Jobless Claims Unchanged, Economy Remains Resilient

Explore the latest U.S. labor market trends, including steady jobless claims, strong hiring, and sector-specific job cuts amidst economic challenges.

Top News

US Jobless Claims Drop To 211,000, Labor Market Thrives

Latest report shows a decrease in U.S. unemployment claims, indicating a robust labor market amidst Fed's rate hikes.

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US Consumer Inflation Accelerates In March, Dampening Rate Cut Hopes

US consumer inflation continued to accelerate last month, according to US government data published Wednesday, reducing the chances of an early interest rate cut from the Federal Reserve.

International Business Times

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US Unemployment Claims Fall, Economy Grows Stronger

Labor Department report shows slight decrease in jobless claims, indicating strong labor market and high job security.

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U.S. Jobless Claims Remain Low Despite Interest Rate Hikes

Latest data shows U.S. jobless claims remain low despite slight uptick. Labor market robust amidst recent job cuts in specific sectors.

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US Consumer Inflation Up Unexpectedly In February

Consumer inflation posted a surprise acceleration in February, US government data showed Tuesday, a development that could give policymakers pause as they mull the right time to start interest rate cuts.

International Business Times

US Inflation Challenges Fed And Biden's Re-Election Campaign

US consumer prices rose in February, driven by gas prices, with core inflation exceeding target. Economists anticipate a gradual decline in inflation throu...

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U.S. Jobless Claims Remain Steady, Labor Market Shows Strength

U.S. jobless claims hold steady despite interest rate hikes, with a resilient economy and recent job cuts in tech and media sectors.

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US Jobless Claims Hit Five-Week Low Amid Layoffs

Latest data shows U.S. jobless claims at a five-week low despite Fed rate hikes. Job market remains strong with low layoffs, but some sectors see cuts.

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US Wholesale Prices Rose More Than Expected In January

US wholesale prices rose more than expected in January, according to government data published Friday, as services costs were lifted by a jump in the index for hospital outpatient care.

International Business Times

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WEKU

Black and Latina women helped propel gains for unions in 2023, finds a new study

The share of Black and Latina women in unions rose in 2023 after moving in a downward trend for a few years. Meanwhile, the share of white and Asian American women in unions continues to decline.

WEKU

The U.S. created an extraordinary number of jobs in January. Here's a deeper look

U.S. employers added 353,000 jobs in January — far more than forecasters expected. The sizzling job market is good for workers but could cause the Federal Reserve to postpone a cut in interest rates.

International Business Times

US Jobs Market Defies Expectations Of January Slowdown

The US labor market smashed expectations last month in a surprise hiring pick-up, government data showed Friday, with a resilient jobs market likely good news for President Joe Biden in election year.

Top News

US Wholesale Inflation Falls, Indicates Easing Price Pressures

Wholesale inflation in the US fell in December, signaling easing price pressures. The report suggests slowing inflation and a resilient economy.

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U.S. Unemployment Claims Drop to Lowest Level in Months

Discover how the US labor market remains resilient, with jobless claims reaching a three-month low despite elevated interest rates and inflation concerns.

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American Jobless Claims Fall, Labor Market Resilient Despite Interest Rates

Resilient labor market shines as jobless claims in the U.S. drop, indicating fewer layoffs despite high interest rates. Bright spot in uncertain times.

USAFacts

How many moms are in the labor force?

Over 24 million mothers of children under 18 are in the labor force. Nursing and teaching are the most common professions for working moms.

The Independent UK

Wholesale inflation in US slowed further last month, signaling that price pressures continue to ease

Wholesale inflation in the United States was unchanged in November, suggesting that price increases in the economy’s pipeline are continuing to gradually ease

Chicago Sun-Times

US consumer inflation eased slightly last month as gas prices fell, though some costs kept surging

The mixed picture in Tuesday’s inflation report will likely keep the Federal Reserve on track to leave its benchmark interest rate unchanged when its latest meeting ends Wednesday.

International Business Times

US Consumer Inflation Slows In November But Pressures Remain

Consumer inflation in the United States edged down for a second straight month in November, government data showed Tuesday, in encouraging news for policymakers seeking to get prices under control.

Barchart

3 Unusually Active Reasonably-Priced Call Options to Buy Now

The November jobs report came out Friday morning. The Labor Department reported that 199,000 jobs were added last month, resulting in a 20-basis-point drop in the unemployment rate to 3.7%. The news should help Friday trading.

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