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U.S. Added 223,000 Jobs in May, Beating Estimates
The U.S. economy added 223,000 jobs in May, roaring past estimates of 190,000 jobs, according to the official Labor Department jobs report. Unemployment fell to 3.8 percent, the lowest level in almost two decades. President Trump broke...
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Trump Tips His Hand Ahead of Jobs Report
The U.S. economy added 223,000 jobs in May, well above estimates of 190,000. The unemployment rate fell to 3.8 percent, the lowest level in almost two decades. President Trump broke from protocol and hinted at a positive jobs report from...
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Low Unemployment Emboldens Job Seekers, Could Worry Investors
The U.S. unemployment rate fell to 3.8 percent in May, the lowest level in almost two decades. The tight labor market those looking for a job a "strong bargaining position" but could also lead the Federal Reserve to raise interest rates...
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U.S. Adds 187,000 Jobs in July
The Labor Department said the U.S. added 187,000 jobs in July.
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Labor Department Reports Job Openings Steady in June
Labor Department Reports Job Openings Steady in June
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McDonald’s Franchises Fined for Child Labor Violations
Two 10-year-olds are among 300 children who worked at McDonald's restaurants illegally, a Labor Department investigation of franchisees in Kentucky found.
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Software Company BuildWithin Helps to Create Upskilling Programs
Ximena Hartsock, cofounder and CEO of BuildWithin, joined Cheddar News to discuss how the software company helps employers manage and expand apprenticeship and upskilling programs.
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February Jobs Report Shows Resilient Economy, Says White House Economic Adviser
About 678,000 jobs were created in February, hundreds of thousands more than predicted, according to the latest Labor Department report, showing a broad economic recovery despite inflation woes. Heather Boushey, member of the Council of...
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Consumer Prices Increased More Than Expected Last Month
Consumer inflation jumped to the highest level in more than a decade last month, with the consumer price index rising 5.4% last month from a year earlier. Prices for food, rent, and energy were all higher. Kroll Institute Global Chief...
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Outgoing President Biden designates new monument and spotlights his own legacy
In the last days of his administration, President Biden is shifting his focus to his legacy and encouraging members of his party to stay engaged. (Scripps News)
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National Gas Price Average Surges To Record $5 A Gallon
In May, inflation hit a new 40-year high of 8.6%. The Labor Department says gas prices alone were up about 50% compared to the same time last year.
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U.S. Producer Inflation Rose To 8.5% In September
New economic data from the Labor Department will likely lead to another interest rate hike by the Federal Reserve in November.
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Rent Prices Continue To Rise Across The Country
Supply chain issues, delays in the construction pipeline and an increase in material costs have led to housing and rental shortages.
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U.S. Employers Added 678,000 Jobs In February
According to the Labor Department, the unemployment rate dropped from 4% to 3.8%.
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U.S. Consumer Inflation Up 6.8% In Past Year, Most Since 1982
Over the past 12 months, the costs paid by a typical American family have surged by roughly $4,000, according to calculations by Jason Furman.
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U.S. Unemployment Claims Drop To 198,000
The job market has bounced back from last year's brief but intense coronavirus recession.
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U.S. Added 390,000 Jobs In May As Hirings Remained Robust
The unemployment rate remained at 3.6%, according to the Labor Department.
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U.S. Inflation Jumped 7.5% In The Past Year, A 40-Year High
Shortages of supplies and workers, heavy doses of federal aid, ultra-low interest rates and robust consumer spending combined to spike inflation.
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New Jersey Says Uber Owes It Up To $650 Million In Taxes And Penalties
New Jersey's Department of Labor says Uber owes it $523 million in unemployment and disability insurance taxes and up to $119 million in fines.
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New COVID-19 Workplace Safety Rules Focus On Health Care
The emergency temporary standard does not apply to all workplaces despite thousands of COVID-related complaints from a variety of industries.
The Recount
Big Raises in Store for American Workers in 2022
Stats of the day: Businesses are expected to bump up pay an average of 3.9% in 2022. That’s the fastest wage growth since 2008. The Labor Department has also announced unemployment claims dropped by 43,000 to 184,000 last week — the...
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More Americans Filed Unemployment Claims Last Week
First time applications for jobless aid — which generally reflect layoffs — rose by 5,000 to 213,000 last week, the Labor Department reported.
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U.S. Employers Add 467,000 Jobs In January
The report from the Bureau of Labor Statistics showed the unemployment rate remained around 4%.