The American labor market remains steady despite some recent high-profile layoffs. New data from the Department of Labor released Thursday (March 26) showed that the number of people who filed for unemployment last week ticked up slightly, from 205,000 to 210,000. Continuing claims, typically seen as...
There was a decline in initial claims for unemployment together with an increase in insured employment last week. Observers said this combination reflected a continuation of a “no hire, no fire” labor market. During the week ended Saturday (Dec. 20), there were 214,000 initial claims,...
The Labor Department’s Office of the Inspector General said Wednesday (Sept. 10) that it has begun a review of the Bureau of Labor Statistics’ “challenges” in collecting and reporting economic data. In a letter addressed to William J. Wiatrowski, acting commissioner of the Bureau of Labor Statistics, Laura B. Nicolosi, assistant...
The Department of Labor’s Employee Benefits Security Administration has rescinded a 2022 compliance assistance release that directed fiduciaries to exercise “extreme care” before adding cryptocurrency options to the investment menus for 401(k) retirement plans. The language in the 2022 guidance was not in line with the requirements of...
August 14, 2024
Inflation is at a multiyear low, according to July’s Consumer Price Index from the U.S. Department of Labor. Inflation has broken through an important psychological barrier, so to speak. The Federal Reserve’s impetus to cut interest rates may have just gotten a bit stronger. But the question remains as to whether the more than 60% […]
January 15, 2024
Wage hikes and new regulations impacting the ways in which gig workers are classified may shake up online platforms, pinching profits and spurring consolidation. In the meantime, a few firms...
January 11, 2024
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 the Labor Department, the most...
August 13, 2026
Jobless claims inched up last week in a move Bloomberg reported could be due to seasonal employment patterns. There were 209,000 initial claims for unemployment insurance during the week ended Friday (Aug. 8), a figure that was up 9,000 from the previous week’s revised level. The previous week’s level was revised up 1,000 to 200,000, […]
March 26, 2026
The American labor market remains steady despite some recent high-profile layoffs. New data from the Department of Labor released Thursday (March 26) showed that the number of people who filed for...
December 24, 2025
There was a decline in initial claims for unemployment together with an increase in insured employment last week. Observers said this combination reflected a continuation of a “no hire, no...
September 10, 2025
The Labor Department’s Office of the Inspector General said Wednesday (Sept. 10) that it has begun a review of the Bureau of Labor Statistics’ “challenges” in collecting and reporting economic data. In a letter addressed...