department of labor

Jobless Claims Climb by 7K Following Previous Week’s Drop
Jobless Claims Climb by 7K Following Previous Week’s Drop
March 30, 2023  |  Economy

U.S. unemployment claims increased last week amid what remains a strong labor market. Get the Full Story Complete the form to unlock this article and...

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Number of Initial Jobless Claims Drops by 1,000
Number of Initial Jobless Claims Drops by 1,000
March 23, 2023  |  Economy

A thousand fewer Americans applied for unemployment last week than did so the previous week. Get the Full Story Complete the form to unlock this...

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Labor Department Could Grant Gig Workers Employee Status
Labor Department Could Grant Gig Workers Employee Status
October 11, 2022  |  Gig Economy

The U.S. Department of Labor is proposing new rules that could help gig workers be classified as employees instead of independent contractors. Get the Full...

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Watchdog: Crooks Likely Jacked $45B From Pandemic Unemployment 
Watchdog: Crooks Likely Jacked $45B From Pandemic Unemployment 
September 23, 2022  |  Security & Fraud

Crooks likely used the Social Security numbers of dead people and prisoners plus filed claims in multiple states to steal more than $45 billion from...

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US Jobless Claims Remain Near Historic Low
US Jobless Claims Remain Near Historic Low
June 23, 2022  |  Economy

Unemployment claims fell last week, remaining near their record low level, an indication of a tight American labor market even amid the threat of a...

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Fraud Played ‘Significant’ Role in $163B Leak from Pandemic-Era Unemployment System
Fraud Played ‘Significant’ Role in $163B Leak from Pandemic-Era Unemployment System
May 27, 2022  |  Security & Fraud

Fraudsters bilked about $163 billion from the unemployment system during the COVID-19 pandemic, according to the semiannual report to Congress by the Office of Inspector...

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Labor Dept Has ‘Grave Concerns’ About Fidelity Bitcoin Plan
Labor Dept Has ‘Grave Concerns’ About Fidelity Bitcoin Plan
April 29, 2022  |  Cryptocurrency

Officials at the U.S. Department of Labor are warning that a plan by Fidelity Investments that lets investors put bitcoin into their 401(k) plans puts...

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US Jobless Claims Dip to Lowest Level in 53 Years
US Jobless Claims Dip to Lowest Level in 53 Years
March 24, 2022  |  Economy

In a sign that the economy is gaining momentum, applications for unemployment insurance fell last week to the lowest since 1969, the U.S. Department of...

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Labor Department Urges Caution on Crypto Retirement Plans
Labor Department Urges Caution on Crypto Retirement Plans
March 11, 2022  |  Cryptocurrency

The U.S. Department of Labor is warning retirement plan fiduciaries to use caution before adding a cryptocurrency option to a 401(k) plan’s investment menu. Get...

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