The nation's unemployment rate fell to 3.9% last month.

The year-over-year increase in the consumer price index exceeded the 5.4% rise in September, the Labor Department reported Wednesday.

The latest report from the Labor Department shows 260,000 Americans filed jobless claims last week, a decrease of 30,000 from the previous week.

It was the hardest-hit sector last month, with food service workers being impacted the most.

Most of the jobs were in education and health services, manufacturing, and leisure and hospitality.

Companies are beginning to lay off employees, and are in a hiring freeze amid inflation and an upcoming recession.

That number is down from the previous week.

May.05 -- Nobel Laureate in Economics Edmund Phelps, Columbia University professor, and Seth Harris, former acting U.S. Secretary of Labor, react to the April U.S. employment report. They speak with Bloomberg's David Gura on "Bloomberg...

Princeton University will pay nearly $1 million to its female professors after a Labor Department report found pay disparities between 2012 and 2014.

Weekly jobless claims spiked to the highest figure in nearly six months, but there are roughly two posted job openings for every unemployed worker.

The unemployment rate in May was likely three points higher than what was initially reported.

Dunkin' said its U.S. franchisees are looking to fill positions "from front-counter to restaurant management."

Aug.21 -- Cisco allegedly favored Visa holders, then payed them less. Bloomberg Law's Chris Opfer, joins Emily Chang on "Bloomberg Technology" to discuss.

The Labor Department estimates some 18 million Americans are collecting some form of unemployment aid.

According to the Labor Department, 473,000 Americans applied for unemployment benefits last week.

The Treasury Secretary says the actual rate now might be closer to 25%.

The Department of Labor also reports the nation's unemployment rate fell to 4.6%.

1.5 million Americans applied for unemployment benefits last week.

The Labor Department said the nation's official unemployment rate was 6.3%.

The Labor Department says the U.S. gained 638,000 jobs in October.

Applications for unemployment benefits for the week ending July 16 rose by 7,000 to 251,000, up from the previous week's 244,000.

Weekly claims have been falling for months but remain above the 1 million mark.

April 4 -- Mitsubishi UFJ Securities Rates Strategist John Herrmann discusses his outlook for Treasuries and discusses Fed policy and the U.S. economy. He speaks on "Bloomberg Markets."

A national worker shortage has businesses thinking of new ways to entice applicants.