The Latest Breaking News from Labor Department

Washington (AFP) - The US labor market has almost recovered from the mass joblessness caused by the pandemic, adding hundreds of thousands of positions last month and sending the unemployment rate nearly to where it was before Covid-19 broke out nationwide.

More Americans applied for unemployment benefits last week, but layoffs remain at historic lows

The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded lower by 1.2% on Thursday morning after the Labor Department reported a 7.9% increase in the consumer price index in the month of February, the largest inflation growth since 1982.

The MBA's index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET. The Labor Department's JOLTS report for January will be released at 10:00 a.m. ET. Job openings are likely to hold steady at 10.900 million in January compared to December's higher-than-expected level…

The Labor Department recently reported a 7.5% increase in the consumer price index in the month of January, the fastest inflation growth since 1982. While inflation rates at 40-year highs may seem scary at first glance, economists say today's economic situation is far different than the period of hyperinflation in…

WASHINGTON — The Labor Department signaled it could pursue additional rules to shield retirement savings and pensions from climate-related financial risk, furthering its commitment to ensure plan sponsors consider environmental, social and governance factors in investment decisions.

The Labor Department is considering rules for retirement plan sponsors to consider climate change as a risk to their investments.

From 2005 to 2020, U.S. employers around the country were ordered to pay more than $42.5 million in back wages to 69,000 workers who perform seasonal low-wage jobs on guest worker visas

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1.3% on Thursday morning after the Labor Department reported a 7.5% increase in the consumer price index in the month of January, the fastest inflation growth since 1982.