Third-Quarter U.S. Growth Was Stronger Than Previously Thought
Job openings in October remained high and far exceeded the number of people seeking work. Source link
Labor Department
U.S. Wages Rose Rapidly in Third Quarter, Keeping Pressure on Inflation
Wages and prices continued to rise rapidly in the late summer, keeping the Federal Reserve on track for more interest-rate...
U.S. Supplier Prices Increased in September, Maintaining Pressure on Inflation
U.S. suppliers raised prices in September from the prior month, keeping pressure on inflation that remains high but is easing...
Biden Rule Would Add More Gig Workers to Company Payrolls
The Biden administration is proposing a new rule that could put more gig workers on company payrolls, scrapping a Trump...
Exxon Improperly Fired Scientists Suspected of Sharing Information, Labor Department Finds
The Labor Department said it found Exxon Mobil Corp. XOM -1.01% illegally fired two company scientists over suspicions they shared...
U.S. Jobless Claims Rose Last Week but Remain Historically Low
New applications for unemployment benefits rose last week in the latest sign of a cooling labor market, although they remained...
Possible Rail Stoppage Could Fuel More Inflation
As talks around new labor contracts for railway workers reach a crucial juncture, concerns are mounting over the potential upward...
Economy Week Ahead: Job Market and Home Prices in Focus
The Labor Department will release July employment data this week. Job seekers attend a summertime job fair in Jackson, Miss....
U.S. GDP Fell Less Than Previously Thought in Second Quarter
The second-quarter decline in U.S. economic output was less severe than initially estimated and unemployment claims fell slightly last week,...
Rapid Wage Growth Keeps Pressure on U.S. Inflation
Workers’ wages are rising briskly, a factor contributing to four-decade high U.S. inflation.Average hourly earnings grew 5.2% in July from...
U.S. Added 528,000 Jobs in July
The U.S. economy has now recouped the 22 million jobs lost early in the pandemic, adding 528,000 positions in July...
All Jobs Businesses Cut in Pandemic Are Back, but Not Where They Were Lost
Transportation and warehousing jobs, benefiting from an e-commerce boom, have grown the fastest among major industry groups since the Covid-19...
U.S. Inflation Hits New Four-Decade High of 9.1%
U.S. consumer inflation climbed to 9.1% in June, a pace not seen in more than four decades, adding pressure on...
U.S. Supplier Price Gains Accelerated in May
U.S. suppliers’ prices rose in May amid higher food and energy costs, adding to pressure on inflation.The producer-price index, which...
U.S. Jobless Claims Rose Above Prepandemic Average Last Week
New applications for unemployment benefits rose last week above their prepandemic average for the first time since January, adding to...
U.S. Added 390,000 Jobs in May
The U.S. economy added jobs at a solid pace in May, extending the labor market’s long stretch of gains.Employers added...
U.S. Hiring Demand Remained Strong in April
U.S. job openings remained close to record levels in April, and workers continued to quit at an elevated rate, signs...
Rapid Pace of U.S. Job Growth Stretched Into April
The U.S. labor market extended a run of rapid job growth last month despite jittery markets and increased economic uncertainty,...
Supplier Prices Rose Sharply in March, Keeping Upward Pressure on U.S. Inflation
Suppliers raised prices sharply last month, a sign inflation continues to percolate through the U.S. economy. The Labor Department on...
U.S. Inflation Accelerated to 8.5% in March, Hitting Four-Decade High
U.S. inflation surged to a new four-decade high of 8.5% in March from the same month a year ago, driven...
