Department of Labor

  • unemployment Mar 25

    ‘The Whole City Laid Off’: US Jobless Claims Climb Sky High

    New unemployment benefit claims are rising to levels unseen in recent U.S. history as a result of coronavirus concerns

  • unemployment Mar 19

    US Jobless Claims Spike to 281,000

    The U.S. Department of Labor says jobless claims spiked to 281,000 last week after companies began layoffs to deal with issues stemming from the coronavirus pandemic.

  • Donald Trump Nov 15, 2019

    Fact Check: Trump’s Economic Falsehoods

    President Donald Trump rattled off several false claims in his Nov. 12 speech to the Economic Club of New York, in which he contrasted the supposedly “bleak” outlook at the end of his predecessor’s term with an exaggerated portrayal of the economy’s strong performance during his own tenure.

  • Donald Trump Nov 1, 2019

    US Economy Defies Threats With a Solid Job Gain for October

    A solid October jobs report on Friday spotlighted the surprising durability of the U.S. economy in the face of persistent trade conflicts and a global slowdown. The economy managed to add 128,000 jobs last month even though tens of thousands of workers were temporarily counted as unemployed because of the now-settled strike against General Motors. What’s more, the government revised...

  • Donald Trump Nov 1, 2019

    US Economy Defies Threats With a Solid Job Gain for October

    A solid October jobs report on Friday spotlighted the surprising durability of the U.S. economy in the face of persistent trade conflicts and a global slowdown. The economy managed to add 128,000 jobs last month even though tens of thousands of workers were temporarily counted as unemployed because of the now-settled strike against General Motors. What’s more, the government revised...

  • Donald Trump Oct 4, 2019

    US Adds 136,000 Jobs, Unemployment Hits 50-Year Low of 3.5%

    The U.S. unemployment rate fell to 3.5% in September, the lowest level in nearly five decades, even though employers appeared to turn more cautious and slowed their hiring. The economy added a modest 136,000 jobs, enough to likely ease worries that an economy weakened by the U.S.-China trade war and tepid global growth might be edging toward a potential recession....

  • NBCUniversal Inc. Sep 26, 2019

    Senate Confirms Scalia to Lead Department of Labor

    Eugene Scalia, son of late Supreme Court Justice Antonin Scalia, was confirmed by the Senate on Thursday to head the Department of Labor.

  • United States Aug 21, 2019

    US Has 501,000 Fewer Jobs Than First Reported

    The U.S. job market isn’t quite as strong as originally believed — with revised figures showing that the economy had 501,000 fewer total jobs this March than initially reported. The Labor Department said Wednesday that nearly two-thirds of the downward revision came from the retail and leisure and hospitality sectors, the industries most associated with consumer spending. These preliminary revisions...

  • Donald Trump Aug 2, 2019

    US Adds a Solid 164,000 Jobs in July

    U.S. employers sustained a steady pace of hiring in July, adding 164,000 jobs, according to the Bureau of Labor Statistics. The unemployment rate remained at 3.7% for a second straight month, close to a 50-year low. It’s a reassuring sign for an economy that’s endured a series of ups and downs.

  • Donald Trump May 3, 2019

    Here’s Where the Jobs Are — in One Chart

    Job gains in the services sectors continued to rocket higher in April as hiring remained hot for computer system designers, social workers and health-care professionals. Manufacturing, on the other hand, posted a third straight month of lackluster employment figures. CNBC studied the net changes by industry for April jobs based on the data from the Labor Department contained in the...

  • chief economist May 1, 2019

    Survey: US Businesses Are Hiring; 275K Jobs in April

    U.S. companies in April added the most jobs in 9 months, a sign that hiring remains strong amid solid economic growth. Payroll processor ADP said Wednesday that businesses hired 275,000 people last month, up from just 151,000 in March. That’s a much higher number than economists forecast for Friday’s government jobs report. Current projections call for the Labor Department to...

  • United States Apr 18, 2019

    US Claims for Unemployment Aid Hit Lowest Level Since ’69

    The number of Americans filing for unemployment benefits dropped to the lowest level in nearly half a century. The Labor Department says claims for jobless aid fell by 5,000 last week to 192,000, lowest since September 1969. The four-week average, which is less volatile, dropped by 6,000 to 201,250, lowest since November 1969. Weekly claims have been at historically low...

  • United States Mar 8, 2019

    US Wages Rise by Most in Decade Even as Hiring Tumbles

    The pace of hiring in the United States fell last month to its lowest point in nearly a year and a half, a surprise drop likely reflecting harsh weather and other temporary factors that led most economists to see the slowdown as a temporary blip. Employers added just 20,000 jobs, down from a blockbuster 311,000 in January. Even with February’s...

  • United States Feb 26, 2019

    It Pays to Stay at Home, Dads: Dove Offers $5,000 to Help With Paternity Care

    Dove is offering $5,000 for new dads who pledge to take their full time paternity leave in an effort to help new fathers who don’t have access to paid leave.

  • United States Feb 12, 2019

    US Job Openings Jump to Record High of 7.3 Million

    U.S. employers posted the most open jobs in December in the nearly two decades that records have been kept, evidence that the job market is strong despite several challenges facing the economy. The Labor Department said Tuesday that job openings jumped 2.4 percent in December to 7.3 million. That is the most since records began in December 2000. It is...

  • PRESIDENT Feb 11, 2019

    Denver Teachers Go on Strike in Latest US Educator Walkout

    Striking teachers picketed outside of schools and marched through Denver’s streets Monday as car horns blared in support of the latest U.S. walkout amid a swell of educator activism in at least a half-dozen states over the last year. Just over half of the 4,725 teachers called in absent for Denver’s first strike in 25 years. Some students crossed picket...

  • Donald Trump Feb 1, 2019

    US Employers Added Robust 304K Jobs in January; Joblessness Ticks Up After Shutdown

    U.S. employers shrugged off last month’s partial government shutdown and engaged in a burst of hiring in January, adding 304,000 jobs, the most in nearly a year. The healthy gain the government reported Friday illustrated the job market’s durability nearly a decade into the economic expansion. The U.S. has now added jobs for 100 straight months, the longest such period...

  • PRESIDENT Jan 23, 2019

    Denver Teachers Vote to Go on Strike Over Pay

    Denver teachers voted overwhelmingly Tuesday in favor of going on strike after more than a year of negotiations over base pay. Rob Gould, lead negotiator for the Denver Classroom Teachers’ Association, said 93 percent of unionized teachers voted in favor of a strike. The union represents 5,635 educators in the Denver Public School system, which could see a strike as...

  • Donald Trump Jan 4, 2019

    US Employers Added Stellar 312K Jobs in December, Jobless Rate Ticks Up

    U.S. employers dramatically stepped up their hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of a trade war, slowing global growth and a partial shutdown of the federal government. The Labor Department said Friday that the unemployment rate rose slightly to 3.9 percent, but that reflected a surge in jobseekers—...

  • United States Sep 20, 2018

    Stock Market Brings Record US Household Wealth, Mainly for Rich

    A rising stock market lifted U.S. household wealth to a record $106.9 trillion in the April-June quarter, the culmination of a decade of economic recovery but a gain that is concentrated largely among the most affluent. The value of Americans’ stock and mutual fund portfolios rose $800 billion, while home values increased $600 billion, the Federal Reserve said Thursday. Total...

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