department of labor

Jobless Claims Drop as Impact of Hurricanes and Strike Fades
Jobless Claims Drop as Impact of Hurricanes and Strike Fades
November 14, 2024  |  Economy

Jobless claims dropped last week after spiking in October due to Hurricanes Helene and Milton and a strike at Boeing. The number of initial claims for unemployment...

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Insured Unemployment Reaches Highest Level in 3 Years
Insured Unemployment Reaches Highest Level in 3 Years
October 24, 2024  |  Economy

The number of initial claims for unemployment insurance dropped, but insured unemployment reached its highest level in about three years, the Department of Labor said...

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Federal Agencies Aim to Combat Algorithmic Bias in AI
Federal Agencies Aim to Combat Algorithmic Bias in AI
October 11, 2024  |  artificial intelligence

Auditing has a role in preventing, investigating, monitoring and remedying algorithmic bias in artificial intelligence (AI), technologists and researchers from federal agency civil rights offices...

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Jobless Claims Rise Amid Hurricanes, Automaker Layoffs and Boeing Strike
Jobless Claims Rise Amid Hurricanes, Automaker Layoffs and Boeing Strike
October 10, 2024  |  Economy

The effects of Hurricane Helene, cutbacks in the auto industry and furloughs related to a strike at Boeing drove U.S. jobless claims to their highest total...

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Bump in Jobless Claims Underscores Consumer Caution Around Spending
Bump in Jobless Claims Underscores Consumer Caution Around Spending
September 12, 2024  |  Economy

Although jobless claims newly reported for the past week were only slightly higher, the psychological effect may be one where consumers are more cautious about...

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Unemployment Data Suggests Gradual Cooling of Labor Market
Unemployment Data Suggests Gradual Cooling of Labor Market
August 29, 2024  |  Economy

The latest unemployment data reportedly points to a continued gradual cooling of the labor market. During the week ended Saturday (Aug. 24), the number of...

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Initial Unemployment Claims Rise, Boosting Expectations of Rate Cut
Initial Unemployment Claims Rise, Boosting Expectations of Rate Cut
August 22, 2024  |  Economy

The number of initial claims for unemployment insurance increased by 4,000 during the week ended Saturday (Aug. 17), suggesting a cooling of the labor market...

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Consumers Paid the Price for Overstated Job Growth That Kept Interest Rates Too High
Consumers Paid the Price for Overstated Job Growth That Kept Interest Rates Too High
August 21, 2024  |  Economy

A downward revision to previously released job market data might be enough to spur interest rate cuts. But the damage to the paycheck-to-paycheck economy —...

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Inflation Is Down. Will Paycheck-to-Paycheck Consumers Notice?
Inflation Is Down. Will Paycheck-to-Paycheck Consumers Notice?
August 14, 2024  |  Economy

Inflation is at a multiyear low, according to July’s Consumer Price Index from the U.S. Department of Labor. Inflation has broken through an important psychological...

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