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
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