Mar 04 Watch 5:48 Strong jobs report signals more Americans returning to labor market as coronavirus wanes By Geoff Bennett, Karina Cuevas The latest jobs reports shows U.S. job growth surged in February as the omicron wave of COVID-19 began fading. The Labor Department reports employers added a net of 678,000 jobs, the most since July. Jared Bernstein, who serves on the… Continue watching
Mar 04 U.S. added 678,000 jobs in February in sign of economic health By Christopher Rugaber, Associated Press U.S. employers added 678,000 jobs in February, another solid gain that underscored the economy's robust health as the omicron wave fades and more Americans venture out to spend at restaurants, shops and hotels despite surging inflation. Continue reading
Feb 13 Watch 4:33 Why gas prices could remain high for some time By Hari Sreenivasan Inflation in the U.S. has jumped at its fastest rate in 40 years, the Labor Department announced last week. Costs of food and fuel have been rising – and while there may be fluctuations in prices, gasoline prices are expected… Continue watching
Oct 08 U.S. employers add a weak 194,000 jobs as delta maintains hold By Christopher Rugaber, Associated Press Friday’s report from the Labor Department also showed that the unemployment rate fell sharply to 4.8% from 5.2% in August. Continue reading
Jul 13 U.S. consumer prices surge in June by the most since 2008 By Christopher Rugaber, Associated Press American consumers faced a third straight monthly surge in prices in June, the latest evidence that a rapid reopening of the economy is fueling pent-up spending for goods and services that in many cases remain in short supply. Continue reading
Mar 05 U.S. adds a strong 379,000 jobs in hopeful sign for economy By Christopher Rugaber, Associated Press U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions. Continue reading
Jan 07 U.S. unemployment claims fall slightly 787,000 By Associated Press Thursday's figure from the Labor Department, a slight decline from the previous week, showed that many employers are still cutting jobs as the pandemic tightens business restrictions and leads anxious consumers to stay home. Continue reading
Nov 06 Unemployment drops to 6.9 percent and U.S. adds a solid 638,000 jobs By Associated Press The gain suggested that a tentative economic recovery may remain intact even in the face of a surging viral outbreak. Continue reading
Jan 31 Worker compensation rose at slower rate than in 2018 By Christopher Rugaber, Associated Press Total salaries and benefits such as health insurance rose 2.7% in 2019, according to the government’s employment cost index, down from 2.9% in the previous year. Continue reading
Dec 17 Job openings rise 3.3 percent in October By Christopher Rugaber, Associated Press That suggests that businesses remain confident enough in the economic outlook to create more jobs. Continue reading