The Federal Reserve maintained current interest rates as the unemployment rate and layoffs are at historical lows. The Labor Department’s Bureau of Labor Statistics reported that applications for…
Read MoreUnemployment
U.S. Employment Growth Surpasses Expectations in May
Labor market adds 172,000 jobs as unemployment holds steady and wage growth slows. The Bureau of Labor Statistics released data showing that the U.S. economy added 172,000 nonfarm…
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Labor Department & Inspector General Partner to Prevent Unemployment Insurance Fraud
The vice president continues to guide the federal effort to address fraud nationwide. The Department of Labor and the Office of the Inspector General (OIG) have announced a…
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Labor Department Reports Lowest Weekly Unemployment Numbers in Over 5 Decades
The number of U.S. jobless claims fell to the fewest since 1969. The U.S. Labor Department’s Bureau of Labor Statistics released the unemployment benefit applications April 25 that…
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U.S. Jobs Market Exceeded Projections in June
Over 30,000 more jobs than estimated were added to the economy and unemployment dropped .1 percent. The Labor Department’s Bureau of Labor Statistics released employment numbers for June…
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Federal Reserve Leaves Interest Rates Unchanged
Chair says that inflation and unemployment risk have risen, but more observation is needed. The Federal Reserve decided to keep interest rates at a range of 4.25 percent…
Read MoreApril Employment Numbers Exceed Estimates
Nonfarm jobs were higher than expected even as the federal government downsized. The Bureau of Labor Statistics (BLS) reported an increase of 177,000 nonfarm jobs during April. This…
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President Responds to Jobs Report
150,000 jobs were added to the U.S. economy in February. The U.S. Labor Department released the monthly employment report for February, which showed 150,000 jobs were added. President…
Read MoreState Attorneys General Sue President’s Administration Over Mass Layoffs
They allege the firings violate mandatory 60-day notice. Attorneys general from Washington D.C. and 19 states sued President Trump’s administration last week for its mass layoffs of federal…
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President Clarifies Secretaries Make Staffing Decisions While DOGE Advises
President Trump calls Musk a patriot for the federal audit work getting accomplished. President Donald Trump recently said that he informed his Secretaries that final decisions for layoffs…
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