Economy Sep 24 Claims for unemployment benefits drop to 197,000, the lowest since mid-July as layoffs remain rare By Paul Wiseman, Associated Press
Economy Sep 11 U.S. inflation accelerated last month as gas prices spiked, squeezing Americans' finances U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters with midterm elections now just seven weeks away.
Politics Sep 04 'Toxic, intimidating and humiliating': Ex-labor secretary oversaw hostile work environment, watchdog finds A new report from Labor Department’s Office of Inspector General includes allegations that former Secretary Chavez-DeRemer “engaged in an inappropriate relationship” with a member of her security detail, and violated travel regulations and the department’s alcohol policies. By Jill Colvin, Associated Press
Economy Sep 04 Hiring burst of 162,000 jobs in August puts the focus squarely back on inflation in the U.S. The U.S. job market rebounded in August as employers added a surprising 162,000 jobs. The unemployment rate stayed at a low 4.1%. By Paul Wiseman, Associated Press
Economy Aug 20 Layoffs still sparse, U.S. unemployment claims dropped to 206,000 last week Fewer people applied for U.S. unemployment benefits last week, another sign that layoffs remain low and that most Americans enjoy job security. By Paul Wiseman, Associated Press
Aug 13 Wholesale price inflation slows last month as gas and food costs fall By Christopher Rugaber, Associated Press Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign that consumer inflation could grind lower in the months ahead. Continue reading
Aug 12 Inflation cooled last month as gas prices fell, though costs remain elevated By Christopher Rugaber, Associated Press The modest decline could ease pressure on the Federal Reserve to raise their key interest rate to combat rising costs. Yet prices are still rising more quickly than average wages, underscoring the struggle many Americans have had with more expensive… Continue reading
Aug 07 U.S. employers unexpectedly cut 23,000 jobs amid strain from the Iran war, unemployment dips to 4.1% By Paul Wiseman, Associated Press U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June. The unemployment rate dipped to 4.1% only because Americans left the job market. Continue reading
Jul 23 U.S. filings for unemployment aid fall to 187,000 last week, fewest since 1969 By Matt Ott, Associated Press U.S. applications for jobless benefits tumbled to the lowest level in more than five decades last week as layoffs remain historically low despite global economic uncertainty. Continue reading
Jul 02 U.S. employers pulled back on hiring in June By Christopher Rugaber, Associated Press U.S. employers added only 57,000 jobs, less than half the previous month’s total and a sign companies still have a cautious economic outlook. Continue reading