Federal Reserve’s actions to slow the economy begin taking hold. The Bureau of Labor Statistics reported that job openings in August decreased to 10.1 million, down from 11.239…
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Job Openings Increased in July
The hiring pace slowed for the fourth month in a row. The U.S. Department of Labor announced Tuesday that job openings rose in July as employers become less…
Read MoreUnemployment Claims Reach Eight-Month High
Federal Reserve rate hikes may be causing the labor market to slow down. The number of new applications for unemployment benefits increased by 7,000 last week to 251,000,…
Read MoreLatest Jobs Numbers Point to Solid Growth
Numbers ease recession fears for now. U.S. employers added 372,000 jobs to the U.S. economy in June, extending a streak of strong labor market gains, yet the broader…
Read MorePresident Responds to Strong Jobs Report for May
He says the U.S. can address inflation from a “position of strength.” On Friday, President Biden praised the May jobs report as evidence of the economy’s underlying strength.…
Read MoreIllegal Population Now at 11.6 Million
Number up by 10 percent in two years. Numbers released by the Census Bureau and the Bureau of Labor Statistics show that there has been a greater than…
Read MoreWeekly Unemployment Claims Lowest in 52 Years
Continuing claims also decrease. According to the report from the Department of Labor on Thursday, fewer people are receiving unemployment benefits now than they have in over half…
Read MoreContinuing Unemployment Claims Lowest Since 1970
Jobs are abundant as businesses experience a labor shortage. The Department of Labor reported that continuing claims for unemployment benefits fell 48,000 to 1,425,00 a week ago, the…
Read MoreLabor Market Strengthened in March
Department of Labor reports unemployment approaching pre-pandemic levels. The Bureau of Labor Statistics reported that 431,000 jobs were added to the U.S. economy in March and unemployment fell…
Read MoreLabor Secretary Comments on February’s Jobs Report
Encouraged by the reduction in the unemployment rate. U.S. Secretary of Labor Marty Walsh communicated optimism after seeing the February 2022 Employment Situation Report. The Bureau of Labor…
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