Labor department

BLS Implementing Backups to Ensure Data Released on Time
BLS Implementing Backups to Ensure Data Released on Time
August 28, 2024  |  Economy

The Bureau of Labor Statistics (BLS) is changing how it announces data after an incident in which a data release was delayed but the information was...

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Initial Unemployment Claims Fall as Americans Seek Side Hustles
Initial Unemployment Claims Fall as Americans Seek Side Hustles
May 23, 2024  |  Economy

Initial unemployment claims continued their decline last week, the largest consecutive drop since September. New claims fell by 8,000 to 215,000 for the week ending May 18,...

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New Contractor Rules: Promise or Peril for Gig Economy Platforms? 
New Contractor Rules: Promise or Peril for Gig Economy Platforms? 
January 09, 2024  |  Gig Economy

The Labor Department is due to release new rules governing the classification of gig economy workers. The platforms that rely on these workers say not...

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Job Openings Drop to 2021 Levels as Hiring Slows
Job Openings Drop to 2021 Levels as Hiring Slows
December 05, 2023  |  Economy

New data from the U.S. Labor Department shows job openings at their lowest level in more than two years. The department’s Job Openings and Labor Turnover...

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Unemployment Claims Fall Even as Labor Market Cools
Unemployment Claims Fall Even as Labor Market Cools
November 22, 2023  |  Economy

Initial U.S. unemployment claims last week saw the largest drop since June. That’s according to figures released Wednesday (Nov. 22) by the Labor Department, showing initial claims for...

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Job Market Softens As Ongoing Unemployment Claims Rise
Job Market Softens As Ongoing Unemployment Claims Rise
November 16, 2023  |  Economy

The “durable” job market economists had been touting all year now seems a bit softer. New employment figures from the U.S. Labor Department released Thursday (Nov. 16)...

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Inflation May Be Slowing, but Tell That to Consumers Living Paycheck to Paycheck
Inflation May Be Slowing, but Tell That to Consumers Living Paycheck to Paycheck
November 14, 2023  |  Economy

Inflation, overall, is scaling back from a formerly torrid pace as prices at the pump recede. But the fact remains that everyday essentials — namely...

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Continuing Unemployment Claims Creep Up As Layoffs Mount
Continuing Unemployment Claims Creep Up As Layoffs Mount
November 02, 2023  |  Economy

Jobless Americans might be having trouble finding work, according to new unemployment data. Figures released Thursday (Nov. 2) by the Labor Department showed that continuing jobless claims —...

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Significant Drop in Apparel Prices Provides Relief from Inflation
Significant Drop in Apparel Prices Provides Relief from Inflation
October 12, 2023  |  Economy

Prices for apparel and household items saw notable declines in September, even as the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4%.  This...

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