US inflation increases in December; consumer spending robust
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
Unemployment claims in Illinois declined last week
Initial filings for unemployment benefits in Illinois dropped last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, fell to ...
Next Week: job openings, employment report, services sector update,
The Labor Department releases its monthly survey of job openings on Tuesday and the monthly jobs report on Friday.
US labor costs rise moderately in fourth quarter
U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress lowering inflation stalled at the end of 2024. The employment cost index (ECI) ...
Fed’s preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
USAID labor director pushed out after fighting back against removal of career leadership
Dozens of career senior civil servants and foreign service officers have been placed on administrative leave and hundreds of ...
Wages and benefits for American workers see smallest gains in three years
The numbers: Wages and benefits for American workers continued to decelerate in the fourth quarter, the Labor Department said Friday. The employment cost index rose at a 3.8% clip in the 12 months ...
Alabama Department of Labor to become Department of Workforce starting February 2025
Starting on February 1, 2025, the Alabama Department of Labor will officially become the Department of Workforce.This ...
Fewer Americans apply for jobless benefits last week as labor market shows strength
The number of Americans filing for jobless benefits fell last week in a sign that the labor market remains strong ...
Jobless claims drop to lowest level in three weeks, supporting Fed’s assessment that labor market is solid
Initial jobless claims fell by 16,000 to 207,000 in the week that ended Jan. 25, the Labor Department said Thursday. It’s the ...