Employment jumps 638,000 as unemployment drops. The Labor Department’s monthly report, released Friday, surprised many economists with an unpredicted reduction to the unemployment rate, dropping a full once…
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Good Economic News Ends Third Quarter
Jobless claims down, GDP grew. In what President Trump describes as a “V-shaped” recovery, the end of the third quarter brought evidence of a bounce back from pandemic…
Read MoreLabor Department Releases Jobs Numbers
Unemployed Americans drop by 55,000 last week. The Labor Department released its updated diagnostic of the American jobs market on Thursday. The finding from their report was that…
Read MoreLabor Department Releases Job Numbers
Layoffs continue to be high. The Department of Labor released its job market report on Thursday, showing the addition of 661,000 nonfarm jobs in September. The unemployment rate…
Read MorePresident’s Administration Announces New Rule on Skilled Foreign Labor
Curbing visas for workers in the tech industry aims to protect American jobs. President Trump’s Administration announced a rule from the U.S. Department of Labor and Department of…
Read MorePledge to America’s Workers Presidential Awards Given
Inaugural ceremony at White House recognizes companies investments in education and training. This past week at the White House, Commerce Secretary Wilbur Ross and White House Senior Advisor…
Read MoreWeekly Jobless Claims Stay Below 1 Million
Drop was more than expected. The number of Americans filing new claims for unemployment benefits fell below 1 million last week for the second time since the COVID-19…
Read MoreFEMA Provides Grants to States
23 states are already approved for Lost Wage assistance. Under the Stafford Act, President Trump has authorized the Federal Emergency Management Agency to expend up to $44 billion…
Read MoreWork Permits Tougher for Asylum Seekers
New rule requires one year wait time. Under a new rule, it will now be more difficult for asylum-seeking migrants to obtain work permits in the U.S. The…
Read MoreWeekly Unemployment Claims Drop Below One Million
The labor market continues to regain some footing. Unemployment claims across America fell below one million last week for the first time since the coronavirus pandemic struck in…
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