Continuing claims also decrease. According to the report from the Department of Labor on Thursday, fewer people are receiving unemployment benefits now than they have in over half…
Read MoreBureau of Labor Statistics
Continuing Unemployment Claims Lowest Since 1970
Jobs are abundant as businesses experience a labor shortage. The Department of Labor reported that continuing claims for unemployment benefits fell 48,000 to 1,425,00 a week ago, the…
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Labor Market Strengthened in March
Department of Labor reports unemployment approaching pre-pandemic levels. The Bureau of Labor Statistics reported that 431,000 jobs were added to the U.S. economy in March and unemployment fell…
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Labor Secretary Comments on February’s Jobs Report
Encouraged by the reduction in the unemployment rate. U.S. Secretary of Labor Marty Walsh communicated optimism after seeing the February 2022 Employment Situation Report. The Bureau of Labor…
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Grocery Prices Expected to Rise Again
President Biden is re-tooling his economic to-do list. The Bureau of Labor Statistics report indicates that prices across a range of goods and services rose 7 percent between…
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Jobs Report Exceeds Expectations
Labor Department reports 467,000 added in January. The Bureau of Labor Statistics announced the addition of 467,000 jobs to the economy in January. The numbers far outpaced the…
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Inflation Reaches Historic Levels
Highest amount since 1982. The Labor Department released the Consumer Price Index (CPI) for December on Wednesday, reporting a 0.5% increase in pricing overall in the last month.…
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Labor Department Reports Increase in Jobless Claims
Omicron variant makes only slight impact The Labor Department published its final job report for 2021 on Thursday. Adjusting the data for temporary holiday jobs, unemployment applications rose…
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Cost of Living Sees Biggest Rise Since 2008
Government report shows Inflation continues to spread throughout the economy. The Federal Consumer Price Index was released by the Bureau of Labor Statistics this week. The report indicates…
Read MoreJune Job Numbers Exceed Expectations
Jobless claims at lowest level since beginning of pandemic. On Thursday, the Labor Department released the latest round of numbers about the health of the U.S. jobs market.…
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