department of labor

Inflation’s Pace Quickens in December, Led by Housing Costs
Inflation’s Pace Quickens in December, Led by Housing Costs
January 11, 2024  |  Economy

The end of inflation? The end of the pinch to paycheck-to-paycheck wallets? Hardly. And, per the latest Consumer Price Index data, released Thursday (Jan. 11) by...

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Uber: White House Gig Worker Rule Won’t Impact Us
Uber: White House Gig Worker Rule Won’t Impact Us
January 09, 2024  |  Gig Economy

Uber says a proposed Biden administration rule change for gig workers will not affect its operations. The Department of Labor’s proposal makes it tougher for companies to...

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Biden Rule Would Turn More Gig Workers Into Full Employees
Biden Rule Would Turn More Gig Workers Into Full Employees
January 08, 2024  |  Gig Economy

The White House is reportedly preparing new guidelines that provide additional protections to gig workers. The updated Department of Labor rule could be handed down...

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Initial Claims for Unemployment Drop by 18,000
Initial Claims for Unemployment Drop by 18,000
January 04, 2024  |  Economy

The number of initial claims for unemployment insurance dropped to 202,000 during the week ended Saturday (Dec. 30). That total was 18,000 less than the...

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Weekly Jobless Claims Rise Less Than Economists Expected 
Weekly Jobless Claims Rise Less Than Economists Expected 
December 21, 2023  |  Economy

The number of initial claims for unemployment insurance rose by 2,000 during the week ended Dec. 16.  There were 205,000 initial claims filed that week,...

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Unemployment Claims Remain Low as Wage Growth Slides
Unemployment Claims Remain Low as Wage Growth Slides
October 05, 2023  |  Economy

Initial jobless claims remained low last week, according to new Labor Department data. Government figures released Thursday (Oct. 5) showed initial claims inching up to 207,000 for the week...

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Jobless Claims in US Hit Lowest Level Since January
Jobless Claims in US Hit Lowest Level Since January
September 21, 2023  |  Economy

Initial claims for unemployment insurance in the United States fell by 20,000, down to 201,000, during the week ended Saturday (Sept. 16). The four-week moving...

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Report: Hourly Wages Outpace Inflation for 1st Time Since 2021
Report: Hourly Wages Outpace Inflation for 1st Time Since 2021
July 17, 2023  |  Economy

For the first time since 2021, consumers’ wages are exceeding inflation. A report Monday (July 17) by The Wall Street Journal (WSJ) notes that inflation-adjusted average hourly...

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Main Street Businesses Could See Relief After June Wholesale Inflation Slows
Main Street Businesses Could See Relief After June Wholesale Inflation Slows
July 13, 2023  |  SMBs

For businesses of all stripes — but particularly smaller Main Street firms — margins are in focus. Inflation has had an impact on these companies,...

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