Labor Department news and trends

Labor Department Rescinds Guidance About Crypto and 401(k) Investment Menus
Cryptocurrency // May 28, 2025

The Department of Labor’s Employee Benefits Security Administration has rescinded a 2022 compliance assistance release that directed fiduciaries to exercise “extreme care” before adding cryptocurrency options to the investment menus for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.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

BLS Implementing Backups to Ensure Data Released on Time
Economy // August 28, 2024

The Bureau of Labor Statistics (BLS) is changing how it announces data after an incident in which a data release was delayed but the information was shared with some external users who called or emailed to ask about it. Get the Full Story Complete the form...

Initial Unemployment Claims Fall as Americans Seek Side Hustles
Economy // May 23, 2024

Initial unemployment claims continued their decline last week, the largest consecutive drop since September. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

New Contractor Rules: Promise or Peril for Gig Economy Platforms? 
Gig Economy // January 09, 2024

The Labor Department is due to release new rules governing the classification of gig economy workers. The platforms that rely on these workers say not much will change. The legal and regulatory outcomes remain uncertain, as the platforms are growing and the demand for side...

Interviews & Exclusives
Inflation May Be Slowing, but Tell That to Consumers Living Paycheck to Paycheck

November 14, 2023
Inflation, overall, is scaling back from a formerly torrid pace as prices at the pump recede. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]

Quick Reads
BLS Reschedules Consumer Spending Report Without Explanation

September 21, 2025
The Bureau of Labor Statistics (BLS) is postponing its annual consumer spending report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

BLS Implementing Backups to Ensure Data Released on Time

August 28, 2024
The Bureau of Labor Statistics (BLS) is changing how it announces data after an incident in which a data release was delayed but the information was shared with some external users...

Initial Unemployment Claims Fall as Americans Seek Side Hustles

May 23, 2024
Initial unemployment claims continued their decline last week, the largest consecutive drop since September. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Job Openings Drop to 2021 Levels as Hiring Slows

December 05, 2023
New data from the U.S. Labor Department shows job openings at their lowest level in more than two years. Get the Full Story Complete the form to unlock this article...