Auditing has a role in preventing, investigating, monitoring and remedying algorithmic bias in artificial intelligence (AI), technologists and researchers from federal agency civil rights offices said during a meeting held Wednesday (Oct. 9). The meeting was convened by the Justice Department’s Civil Rights Division to promote the...
The effects of Hurricane Helene, cutbacks in the auto industry and furloughs related to a strike at Boeing drove U.S. jobless claims to their highest total in a year. During the week ended Saturday (Oct. 5), there were 258,000 initial claims for unemployment insurance — a...
Although jobless claims newly reported for the past week were only slightly higher, the psychological effect may be one where consumers are more cautious about spending. The U.S. Department of Labor said in a Thursday (Sept. 12) press release that the number of Americans who...
The latest unemployment data reportedly points to a continued gradual cooling of the labor market. During the week ended Saturday (Aug. 24), the number of initial claims for unemployment insurance decreased by 2,000, the Department of Labor (DOL) said in a Thursday (Aug. 29) press...
August 14, 2024
Inflation is at a multiyear low, according to July’s Consumer Price Index from the U.S. Department of Labor. Inflation has broken through an important psychological barrier, so to speak. The Federal Reserve’s impetus to cut interest rates may have just gotten a bit stronger. But the question remains as to whether the more than 60% […]
January 15, 2024
Wage hikes and new regulations impacting the ways in which gig workers are classified may shake up online platforms, pinching profits and spurring consolidation. In the meantime, a few firms...
January 11, 2024
The end of inflation? The end of the pinch to paycheck-to-paycheck wallets? Hardly. And, per the latest Consumer Price Index data, released Thursday (Jan. 11) by the Labor Department, the most...
October 24, 2024
The number of initial claims for unemployment insurance dropped, but insured unemployment reached its highest level in about three years, the Department of Labor said in a Thursday (Oct. 24) press release. There were 227,000 initial claims for unemployment insurance during the week ended Saturday (Oct. 19) — a total that was 15,000 lower than […]
October 11, 2024
Auditing has a role in preventing, investigating, monitoring and remedying algorithmic bias in artificial intelligence (AI), technologists and researchers from federal agency civil rights offices said during a meeting held...
October 10, 2024
The effects of Hurricane Helene, cutbacks in the auto industry and furloughs related to a strike at Boeing drove U.S. jobless claims to their highest total in a year. During the...
August 29, 2024
The latest unemployment data reportedly points to a continued gradual cooling of the labor market. During the week ended Saturday (Aug. 24), the number of initial claims for unemployment insurance...
