Labor department

Jobs Data Signal Main Street Small Businesses Foresee Resilient Consumer Demand

Jobs Data Signal Main Street Small Businesses Foresee Resilient Consumer Demand
Jobs Data Signal Main Street Small Businesses Foresee Resilient Consumer Demand
June 02, 2023  |  Economy

Uncertainty reigns, but if the spate of jobs reports that marked a busy week of economic data show a trend, it’s that Main Street small...

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Small Businesses Slow Hiring Amid Uncertain Consumer Demand
Small Businesses Slow Hiring Amid Uncertain Consumer Demand
April 05, 2023  |  Economy

Main Street businesses are pulling back on hiring. Preparing, perhaps, for the impact of a pullback in consumer spending that’s already in motion. The logic...

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Stubborn Inflation Continues Devouring Retail Sales as Consumers Grow Cautious 
Stubborn Inflation Continues Devouring Retail Sales as Consumers Grow Cautious 
October 14, 2022  |  Economy

People are thinking twice before opening their wallets as inflation continues to run rampant, devouring retail sales in most categories last month and aligning with...

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Labor Department’s Proposal Could Kill Gig Economy
Labor Department’s Proposal Could Kill Gig Economy
October 11, 2022  |  Gig Economy

For the platforms, it won’t be business as usual — not if the Labor Department shakes things up. To that end, and as widely reported,...

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Labor Dept: Unemployment Applications Top Pre-Pandemic Levels
Labor Dept: Unemployment Applications Top Pre-Pandemic Levels
June 09, 2022  |  Economy

New unemployment applications climbed last week above the pre-pandemic average for the first time since January, the U.S. Labor Department reported Thursday (June 9). Initial...

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Wage, Job Gains Hint at Inflation Ahead for Retailers
Wage, Job Gains Hint at Inflation Ahead for Retailers
June 03, 2022  |  Retail

More money, more problems. OK, not really — but we note that some of the headline economic data released this morning may point to a...

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Another 1.3M Americans File Jobless Claims; COVID-Related Total Now Stands At 49M+
Another 1.3M Americans File Jobless Claims; COVID-Related Total Now Stands At 49M+
July 09, 2020  |  Economy

The U.S. Labor Department (DOL) reported Thursday (July 9) that another 1,314,000 American filed initial claims for jobless benefits last week, bringing the total number...

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