department of labor

Labor Dept Has ‘Grave Concerns’ About Fidelity Bitcoin Plan
Labor Dept Has ‘Grave Concerns’ About Fidelity Bitcoin Plan
April 29, 2022  |  Cryptocurrency

Officials at the U.S. Department of Labor are warning that a plan by Fidelity Investments that lets investors put bitcoin into their 401(k) plans puts...

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US Jobless Claims Dip to Lowest Level in 53 Years
US Jobless Claims Dip to Lowest Level in 53 Years
March 24, 2022  |  Economy

In a sign that the economy is gaining momentum, applications for unemployment insurance fell last week to the lowest since 1969, the U.S. Department of...

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Labor Department Urges Caution on Crypto Retirement Plans
Labor Department Urges Caution on Crypto Retirement Plans
March 11, 2022  |  Cryptocurrency

The U.S. Department of Labor is warning retirement plan fiduciaries to use caution before adding a cryptocurrency option to a 401(k) plan’s investment menu. “At...

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US Labor Dept. Says a Record 4.3 Million Quit Jobs in August
US Labor Dept. Says a Record 4.3 Million Quit Jobs in August
October 12, 2021  |  Economy

People are quitting their jobs in record numbers, led by the restaurant, bar and retail sectors, according to the Tuesday (Oct. 12) Job Openings and...

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Initial Unemployment Claims Fall For Sixth Consecutive Week
Initial Unemployment Claims Fall For Sixth Consecutive Week
June 10, 2021  |  Economy

New jobless claims in the week ending June 5 dropped again — the sixth time in a row — coming in at 376,000, a decrease...

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First-Time Weekly Jobless Claims Again Edge Downward
First-Time Weekly Jobless Claims Again Edge Downward
May 27, 2021  |  Economy

New jobless claims in the week ending May 22 dropped again — the fourth time in a row — coming in at 406,000, a decline...

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New Jobless Claims Surprisingly Inch Up A Bit
New Jobless Claims Surprisingly Inch Up A Bit
April 08, 2021  |  Economy

The number of people in the U.S. filing for first-time unemployment benefits unexpectedly rose a bit in the week ending April 3, but the numbers...

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New Unemployment Claims Drop For Third Consecutive Week
New Unemployment Claims Drop For Third Consecutive Week
March 11, 2021  |  Economy

New jobless claims dropped to new lows for the third consecutive week as coronavirus cases continue falling and vaccine rollout gains momentum. Initial unemployment claims...

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New Jobless Claims Inch Up Despite Declining COVID Cases
New Jobless Claims Inch Up Despite Declining COVID Cases
February 18, 2021  |  Economy

Some 861,000 people filed for initial jobless claims in the week that ended Feb. 13, expectedly up 13,000 from the previous week, which was revised...

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