Labor Department

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.

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.

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.

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.

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.

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.

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.

U.S. work productivity falls for the first time in nearly 4 years

By Christopher Rugaber, Associated Press

Some economists point to technologies, such as smartphones and mobile software, that aren't that economically useful. Others say that innovations like search engines, which are free to users, aren't properly captured in government data.

News Wrap: October jobs numbers exceed expectations, despite GM strike

In our news wrap Friday, the U.S. turned in better-than-expected October economic numbers. The Labor Department reports that employers added a net 128,000 jobs last month, and figures for August and September were revised upward. Also, former Texas Congressman Beto…

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