Nov 06 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. Continue reading
Nov 01 Watch 5:21 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… Continue watching
Sep 26 Eugene Scalia confirmed as Trump’s new labor secretary By Richard Lardner, Associated Press The Senate voted Thursday along party lines, 53-44, to approve the nomination. Continue reading
Jul 10 WATCH: Labor Secretary Acosta defends handling of Epstein case Acosta is being assailed for his part in the secret 2008 plea deal he signed that let Epstein avoid federal prosecution on charges that he molested teenage girls. But he was unapologetic Wednesday as he declared his office did the… Continue reading
Jan 04 What will happen to the economy in 2019? Watch these 7 factors By Gretchen Frazee, Maea Lenei Buhre The final jobs report of 2018 released Friday, boasting 312,000 jobs added in December, puts the U.S. economy on track for another relatively strong showing in 2019, with economists predicting a slowdown coming toward the end of the year. Continue reading
Nov 02 Watch 3:44 What does October’s banner jobs report tell us about where the economy is headed? Friday’s jobs report showed a quarter of a million jobs were added to the U.S. economy in October. The unemployment rate remained at its lowest rate in decades. And wages, up 3 percent year over year, grew the most they… Continue watching
Aug 03 Watch 6:05 News Wrap: Jobs report shows hiring slowed in July In our news wrap Friday, the Labor Department says employers added 157,000 jobs in July, fewer than expected, while overall unemployment dipped to 3.9 percent. Also, Beijing announced says its ready to impose levies on another $60 billion of imported… Continue watching
Mar 09 Watch 4:02 News Wrap: February jobs report boasts most hires since July 2016 By PBS News Hour In our news wrap Friday, the Labor Department reported a net gain of 313,000 jobs in February, while the unemployment rate held at 4.1 percent, as thousands started looking for work. Also, President Trump's newly announced tariffs on steel and… Continue watching
Oct 06 Watch 4:59 News Wrap: Hurricanes deal temporary blow to U.S. job market By PBS News Hour In our news wrap Friday, the Labor Department reported the economy shed 33,000 jobs in September, citing the damaging impact hurricanes Harvey and Irma had on the job market. Also, the White House would neither confirm or deny whether President… Continue watching
Aug 04 Watch 5:52 After years of slow recovery, U.S. economy boasts solid gains By PBS News Hour July was the second straight month of solid gains for U.S. employers, who added 209,000 jobs, according to the Labor Department. Mark Vitner of Wells Fargo joins Judy Woodruff to discuss what it means for the job market, the stock… Continue watching