Reports job growth slowed with only 266,000 jobs added. The Department of Labor released its economic indicators of the job market on Friday. The report found that the…
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President Increases Minimum Wage for Federal Contractors
Increase to $15 per hour will be effective by next March. On Tuesday, President Biden issued an executive order that raises pay rates to $15 per hour minimum.…
Read MoreJobless Rate Rises Over Prior Week
Total number on unemployment at 18.2 million. The Labor Department announced on Thursday that the number of those seeking unemployment benefits for the first time had risen to…
Read MorePrivate Sector Jobs Improve in March
Highest gains are in the service sector. Ahead of the coming release of the monthly job numbers by the Labor Department, a payroll company has reported the private…
Read MoreUnemployment at Lowest Point Since Pandemic Began
18.9 Americans still claiming benefits. Last week the number of jobless claims in the United States declined to the lowest point since the beginning of the COVID-19 pandemic.…
Read MoreHouse Passes COVID-19 Aid Bill
President likely to sign the bill on Friday. In a vote entirely along party lines, the House of Representatives voted to approve a $1.9 trillion stimulus bill that…
Read MoreHouse Passes Major Labor Bill
The PRO Act is very pro-labor unions, opponents say. The House of Representatives voted 225-206 to pass a sweeping labor rights bill aimed at making it easier for…
Read MoreSenate Votes on COVID-19 Stimulus Amendments
Minimum wage increase no longer a part of the legislation. After a 51-50 vote on Thursday that required Vice President Harris to cast the deciding vote, the Senate…
Read MoreU.S. Adds 379,000 Jobs in February
Employment numbers surpass expectations. The Department of Labor announced February’s job gains on Friday, highlighting the continued recovery from last year’s massive layoffs and closures. 370,000 jobs were…
Read MoreMore Aid Still Needed, Say White House Economists
Economy is in crisis, she says. Heather Bousley, a member of the White House Council of Economic Advisers said the U.S. economy needs more aid to ensure a…
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