THE US DEPARTMENT OF LABOR
Higher wage rule could price out immigrant workers in the US if implemented: NFAPThe rule had been published in January, but the implementation has been delayed to allow the new administration to review it. The rule, whi...
- US jobless claims fall slightly to 793,000 with layoffs high
The job market had shown tentative improvement last summer but then slowed through the fall and in the past two months has essentially stal...
- US job openings edge up in December, hiring declines
Job openings, a measure of labor demand, rose to 6.65 million on the last day of December from 6.572 million in the previous month, the Lab...
- U.S. economy contracts in 2020; worst performance since 1946
The Commerce Department's snapshot of fourth-quarter gross domestic product on Thursday also showed the recovery from the pandemic losing s...
- US economy likely logged its weakest performance in 74 years in 2020
The Commerce Department's snapshot of fourth-quarter gross domestic product on Thursday is also expected to show the recovery from the pand...
- S&P, Nasdaq close at record highs on optimism about Biden stimulus plan
The number of Americans filing new applications for unemployment benefits dipped to 900,000 last week but still remained stubbornly high as...
- US unemployment claims jump to 965,000 as virus takes toll
The latest figures for jobless claims, issued Thursday by the Labor Department, remain at levels never seen until the virus struck. Before ...
- U.S. job openings fall in November; layoffs rise
Job openings, a measure of labor demand, dropped 105,000 to 6.527 million on the last day of November, the Labor Department said on Tuesday...
- Dollar bounce from 2018 low continues after US jobs report
The Labor Department said nonfarm payrolls decreased by 140,000 in December, the first decline in eight months, well below expectations ...
- US loses 140,000 jobs, first monthly loss since spring
At the same time, the unemployment rate stayed at 6.7%, the first time it hasn't fallen since April.
- Biden picks Rhode Island governor for Commerce, Boston mayor for Labor -sources
The two Democrats will head sprawling agencies that will shape Biden's agenda on climate change, technology, investment, the minimum wage a...
- US unemployment claims slip to still-high 787,000
Thursday's figure from the Labor Department, a slight decline from the previous week, showed that many employers are still cutting jobs as ...
- US weekly jobless claims fall for second straight week
Though jobless claims have dropped from a record 6.867 million in March, they have held persistently above their 665,000 peak hit during th...
- US productivity increased at 4.6% rate in third quarter
The third quarter increase in productivity was below the first estimate a month ago of a 4.9 per cent increase, the Labor Department report...
- Drop in US jobless claims small bright spot in troubled labor market
New US jobless claims fell to 712,000 last week, a better-than-expected decline of 75,000, seasonally-adjusted, the Labor Department report...
- US court decision recognises importance of high-skill visa programs, says Nasscom
The industry body noted that the DOL IFR changed the manner in which the DOL calculates prevailing wage rates and adjusted the prevailing w...
- New US jobless claims at 778,000, second week of increase
The Labor Department said 778,000 initial claims were filed in the week ended November 25, more than analysts had forecast and an increase ...
- Smallest job gains in five months expected as US labor market momentum wanes
The Labor Department's closely watched employment report on Friday will underscore the challenges the next president confronts to keep the ...
- United States Department of Labor proposes increase in H-1B wages
The details of the proposal have not been published yet, but lawyers expect the administration of President Donald Trump to clear the propo...
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