department of labor

Report: Hourly Wages Outpace Inflation for 1st Time Since 2021
Report: Hourly Wages Outpace Inflation for 1st Time Since 2021
July 17, 2023  |  Economy

For the first time since 2021, consumers’ wages are exceeding inflation. A report Monday (July 17) by The Wall Street Journal (WSJ) notes that inflation-adjusted average hourly...

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Main Street Businesses Could See Relief After June Wholesale Inflation Slows
Main Street Businesses Could See Relief After June Wholesale Inflation Slows
July 13, 2023  |  SMBs

For businesses of all stripes — but particularly smaller Main Street firms — margins are in focus. Inflation has had an impact on these companies,...

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New US Unemployment Claims Dip to Lowest Level Since 2021
New US Unemployment Claims Dip to Lowest Level Since 2021
June 29, 2023  |  Economy

After three weeks of increases, America’s unemployment numbers are trending down. Figures released Thursday (June 29) by the U.S. Department of Labor showed initial unemployment...

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Unemployment Claims Remain at Highest Level in 20 Months
Unemployment Claims Remain at Highest Level in 20 Months
June 22, 2023  |  Economy

U.S. unemployment claims were flat last week, remaining at the highest level in 20 months. The seasonally adjusted initial claims for the week ending June...

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Unemployment Claims Hit Highest Level Since October 2021
Unemployment Claims Hit Highest Level Since October 2021
June 08, 2023  |  Economy

U.S. unemployment claims reached an almost two-year high last week amid ongoing layoffs. Figures released Thursday (June 8) by the Department of Labor showed initial...

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Jobless Claims Climb by 7K Following Previous Week’s Drop
Jobless Claims Climb by 7K Following Previous Week’s Drop
March 30, 2023  |  Economy

U.S. unemployment claims increased last week amid what remains a strong labor market. Initial jobless claims rose by 7,000 to a seasonally adjusted 198,000 for...

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Number of Initial Jobless Claims Drops by 1,000
Number of Initial Jobless Claims Drops by 1,000
March 23, 2023  |  Economy

A thousand fewer Americans applied for unemployment last week than did so the previous week. The advance figure for initial claims was 191,000 for the...

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Labor Department Could Grant Gig Workers Employee Status
Labor Department Could Grant Gig Workers Employee Status
October 11, 2022  |  Gig Economy

The U.S. Department of Labor is proposing new rules that could help gig workers be classified as employees instead of independent contractors. The rules “would...

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Watchdog: Crooks Likely Jacked $45B From Pandemic Unemployment 
Watchdog: Crooks Likely Jacked $45B From Pandemic Unemployment 
September 23, 2022  |  Security & Fraud

Crooks likely used the Social Security numbers of dead people and prisoners plus filed claims in multiple states to steal more than $45 billion from...

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