Growth stunted by delta variant and vaccine mandates. Economists projected that in September the U.S. employment rate would grow by 500,000 jobs. However, due to the Delta COVID-19…
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Labor Department Releases Jobs Report
Economy still sluggish despite a record number of job openings. The Department of Labor released its monthly jobs report on Friday, which highlighted the slow recovery from the…
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Consumer Confidence Hits Seven Month Low
Commerce Department issues report on inflation-adjusted spending. The Department of Commerce released a report that reflects U.S. consumer confidence dropping for the third straight month in a row,…
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Labor Department Issues Rule on Workers’ Tips
Employers who take employees’ tips subject to penalties regardless of repetition or wilfullness. Last week, the Department of Labor announced a final rule that allows the department to…
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President Meets With Business Leaders
Companies with over 100 employees are subject to mandatory vaccination or weekly testing. On Wednesday, President Biden met with executives of several large corporations regarding COVID-19 vaccine requirements…
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Federal Unemployment Benefits Expire
Some states use federal Rescue Plan funds to keep benefits going. Without any objections from President Biden and his top economic advisers, the end of federal unemployment benefits…
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Labor Department Releases Jobs Report
Hiring for the past month does not meet expectations. The Department of Labor released its monthly jobs report on Friday, detailing the state of the U.S. job market.…
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New Unemployment Numbers Announced
Labor Department reports fourth-straight week of fewest new claims of the pandemic. On Thursday, the Department of Labor released the latest data on the state of the U.S.…
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Unemployment Benefits Ending for Millions
The weekly federal supplement ends September 7. More than 7 million Americans may lose unemployment assistance right after Labor Day. Those who qualified for pandemic relief programs will…
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U.S. Adds 943,000 Jobs in July
Unemployment drops to 5.4%. The Labor Department released its jobs report for the month of July this past week. The findings showed that the country had a strong…
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