INSIDER
Judge blocks Biden administration's rule to expand overtime pay for millions
Read full article: Judge blocks Biden administration's rule to expand overtime pay for millionsA federal judge in Texas has blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S. In a Friday ruling, U.S. District Judge Sean Jordan sided with the state of Texas and a group of business organizations that argued the Labor Department exceeded its authority when it finalized a rule earlier this year to significantly expand federal overtime eligibility for salaried workers.
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Read full article: US wholesale inflation picks up slightly in sign that some price pressures remain elevatedWholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure.
US inflation rose slightly last month after 2 years of steady cooling but remained low
Read full article: US inflation rose slightly last month after 2 years of steady cooling but remained lowInflation in the United States ticked up in October, driven by costlier rents, used cars, and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021.
Slightly more Americans apply for unemployment benefits last week, but layoffs remain at low levels
Read full article: Slightly more Americans apply for unemployment benefits last week, but layoffs remain at low levelsThe number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels.
US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls
Read full article: US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrollsAmerica’s employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes that left many workers temporarily off payrolls.
US applications for jobless benefits fall as layoffs remain at historically healthy levels
Read full article: US applications for jobless benefits fall as layoffs remain at historically healthy levelsFewer Americans filed for unemployment benefits last week as layoffs remained at historically healthy levels despite elevated interest rates.
What's behind the widening gender wage gap in the US?
Read full article: What's behind the widening gender wage gap in the US?The first widening of the gender wage in 20 years is the latest indication that many women have paid a price for leaving the workforce at the height of the COVID-19 pandemic, either because they lost their jobs or because they quit because of caretaking responsibilities.
Wholesale inflation remained cool last month in latest sign that price pressures are slowing
Read full article: Wholesale inflation remained cool last month in latest sign that price pressures are slowingWholesale prices in the United States were unchanged last month in another sign that inflation is returning to something close to normal after years of pressuring America’s households in the wake of COVID-19.
US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market
Read full article: US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor marketAmerica’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and suggesting that the pace of hiring is still solid enough to support a growing economy.
More Americans file for unemployment benefits last week, but layoffs remain historically low
Read full article: More Americans file for unemployment benefits last week, but layoffs remain historically lowThe number of Americans applying for unemployment benefits rose modestly last week but remains at healthy levels.
Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing
Read full article: Wholesale inflation mostly cooled last month in latest sign that price pressures are slowingU.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week.
U.S. applications for unemployment benefits inch up, but remain at historically healthy levels
Read full article: U.S. applications for unemployment benefits inch up, but remain at historically healthy levelsThe number of Americans filing for unemployment benefits rose modestly last week, but remains at healthy levels Jobless claims rose by 4,000 to 232,000 for the week of Aug. 17, the Labor Department reported Thursday.
US wholesale inflation cooled in July in sign that price pressures are continuing to ease
Read full article: US wholesale inflation cooled in July in sign that price pressures are continuing to easeWholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates, likely beginning next month.
The number of Americans filing for jobless claims hits highest level in a year
Read full article: The number of Americans filing for jobless claims hits highest level in a yearThe number of Americans filing for unemployment benefits jumped to its highest level in a year last week, even as the labor market remains broadly healthy.
Paychecks grew more slowly this spring, a sign inflation may keep cooling
Read full article: Paychecks grew more slowly this spring, a sign inflation may keep coolingPay and benefits for America’s workers grew more slowly in the April-June quarter than in the first three months of the year, a trend that could keep price pressures in check and encourage the inflation-fighters at the Federal Reserve.
Fewer Americans file for jobless claims as applications remain at elevated, but not troubling levels
Read full article: Fewer Americans file for jobless claims as applications remain at elevated, but not troubling levelsFewer Americans filed for unemployment benefits last week, but applications remained at recently elevated, though not troubling levels.
More Americans apply for jobless benefits as layoffs settle at higher levels in recent weeks
Read full article: More Americans apply for jobless benefits as layoffs settle at higher levels in recent weeksU.S. filings for unemployment benefits rose again last week and appear to be settling consistently at a slightly higher though still healthy level.
US wholesale inflation picked up in June in sign that some price pressures remain elevated
Read full article: US wholesale inflation picked up in June in sign that some price pressures remain elevatedWholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some inflation pressures remain elevated.
Fewer Americans apply for jobless claims last week as labor market remains sturdy
Read full article: Fewer Americans apply for jobless claims last week as labor market remains sturdyFewer Americans filed for unemployment benefits last week as the labor market remains sturdy despite high interest rates.
US inflation cools again, potentially paving way for Fed to cut interest rates soon
Read full article: US inflation cools again, potentially paving way for Fed to cut interest rates soonInflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve.
US weekly jobless claims fall, but the total number collecting benefits is the most since 2021
Read full article: US weekly jobless claims fall, but the total number collecting benefits is the most since 2021Fewer people applied for unemployment benefits last week but the total number of Americans collecting jobless benefits rose to the highest level in more than two years.
US wholesale prices dropped in May, adding to evidence that inflation pressures are cooling
Read full article: US wholesale prices dropped in May, adding to evidence that inflation pressures are coolingWholesale price increases fell in May, the latest sign that inflation pressures in the United States may be easing as the Federal Reserve considers a timetable for cutting interest rates.
US inflation cooled in May in a sign that price pressures may be easing
Read full article: US inflation cooled in May in a sign that price pressures may be easingInflation in the United States eased in May for a second straight month, a hopeful sign that an acceleration of prices that occurred early this year may have passed.
Slightly more Americans apply for jobless benefits, but layoffs remain at healthy levels
Read full article: Slightly more Americans apply for jobless benefits, but layoffs remain at healthy levelsThe number of Americans applying for jobless claims rose last week, but layoffs remain at healthy levels despite lingering inflation and high interest rates.
The number of Americans applying for jobless benefits inches up, but layoffs remain low
Read full article: The number of Americans applying for jobless benefits inches up, but layoffs remain lowThe number of Americans applying for unemployment benefits ticked up last week, but layoffs remain historically low in the face of lingering inflation and high interest rates.
US applications for jobless benefits come back down after last week's 9-month high
Read full article: US applications for jobless benefits come back down after last week's 9-month highFewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels even as other signs that the labor market is cooling have surfaced.
US inflation eased last month in the first slowdown of 2024
Read full article: US inflation eased last month in the first slowdown of 2024Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve as well as President Joe Biden’s re-election team.
Wholesale price increases accelerated in April as inflation remains sticky
Read full article: Wholesale price increases accelerated in April as inflation remains stickyU.S. wholesale prices rose sharply last month, a sign that stubbornly high inflation may persist after three elevated readings in consumer prices to start the year.
US weekly jobless claims hit highest level since August of 2023, though job market is still hot
Read full article: US weekly jobless claims hit highest level since August of 2023, though job market is still hotThe number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week in another sign that the labor market may be softening.
Number of Americans applying for jobless claims remains historically low
Read full article: Number of Americans applying for jobless claims remains historically lowThe number of Americans applying for unemployment benefits was unchanged last week and remains historically low as the labor market continues to show resiliency in the face of high interest rates and elevated inflation.
US job openings fall to 8.5 million in March, the lowest level in more than 3 years
Read full article: US job openings fall to 8.5 million in March, the lowest level in more than 3 yearsU.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest rates.
Biden administration finalizes rule to grant overtime for millions more salaried workers
Read full article: Biden administration finalizes rule to grant overtime for millions more salaried workersThe Biden administration has finalized a new rule set to make millions of more salaried workers eligible for overtime pay in the U.S. The move marks the largest expansion in federal overtime eligibility in decades.
The number of Americans applying for jobless benefits holds steady as labor market remains strong
Read full article: The number of Americans applying for jobless benefits holds steady as labor market remains strongThe number of Americans filing for jobless benefits didn’t change last week as the labor market continues to defy efforts by the Federal Reserve to cool it off.
Coal miners are getting new protections from silica dust linked to black lung disease
Read full article: Coal miners are getting new protections from silica dust linked to black lung diseaseThe Labor Department has issued a new rule intended to protect coal miners from poisonous silica dust that has contributed to the premature deaths of thousands of mine workers from a respiratory ailment known as “black lung” disease.
US producer prices rose 2.1% from last year, most since April, but less than forecasters expected
Read full article: US producer prices rose 2.1% from last year, most since April, but less than forecasters expectedU.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, offering more evidence that progress against inflation may have stalled this year and raising doubts about whether and when the Federal Reserve will start cutting interest rates.
Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates
Read full article: Fewer Americans file for jobless claims as labor market continues to shrug off higher interest ratesFewer Americans applied for jobless benefits last week as the labor market continues to thrive despite the Federal Reserve’s efforts to cool it.
US wholesale prices picked up in February in sign that inflation pressures remain elevated
Read full article: US wholesale prices picked up in February in sign that inflation pressures remain elevatedWholesale prices in the United States accelerated again in February, the latest sign that inflation pressures in the economy remain elevated and might not cool in the coming months as fast as the Federal Reserve or the Biden administration would like.
Number of Americans filing for jobless benefits remains low in a thriving labor market
Read full article: Number of Americans filing for jobless benefits remains low in a thriving labor marketThe number of Americans applying for jobless benefits last week inched up but largely stayed at historically low levels as the labor market continues to thrive despite elevated interest rates.
US inflation up again in February in latest sign that price pressures remain elevated
Read full article: US inflation up again in February in latest sign that price pressures remain elevatedConsumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both of which are counting on a steady easing of price pressures this year.
US applications for jobless claims hold at healthy levels
Read full article: US applications for jobless claims hold at healthy levelsU.S. applications for jobless benefits were unchanged last week, settling at a healthy level as the labor market continues to show strength amid elevated interest rates.
US applications for jobless benefits rise but remain historically low despite recent layoffs
Read full article: US applications for jobless benefits rise but remain historically low despite recent layoffsMore Americans applied for jobless benefits last week, but layoffs remain historically low even as more high-profile companies have announced job cuts this year.
US wholesale inflation accelerated in January in latest sign that prices picked up last month
Read full article: US wholesale inflation accelerated in January in latest sign that prices picked up last monthWholesale prices in the United States accelerated in January, the latest sign that some inflation pressures in the economy remain elevated.
US applications for jobless benefits rise, but layoffs remain at historically low levels
Read full article: US applications for jobless benefits rise, but layoffs remain at historically low levelsMore Americans filed jobless benefits last week but layoffs remain at historically low levels despite elevated interest rates and a flurry of job cuts in the media and technology sectors.
Wholesale inflation in US declined last month, signaling that price pressures are still easing
Read full article: Wholesale inflation in US declined last month, signaling that price pressures are still easingU.S. wholesale inflation fell for a third straight month in December, further evidence that price pressures in the economy are easing.
US applications for jobless benefits fall to lowest level in 3 months
Read full article: US applications for jobless benefits fall to lowest level in 3 monthsThe number of Americans applying for unemployment benefits inched down to its lowest level in three months last week as the U.S. labor market continues to flex its muscle in spite of elevated interest rates.
US applications for unemployment benefits fall again as job market continues to show strength
Read full article: US applications for unemployment benefits fall again as job market continues to show strengthThe number of Americans applying for unemployment benefits fell last week as the labor market continues to show resilience despite elevated interest rates.
U.S. unemployment claims rise slightly, remain at low levels despite higher interest rates
Read full article: U.S. unemployment claims rise slightly, remain at low levels despite higher interest ratesThe number of Americans applying for unemployment benefits rose slightly last week but still remained at historically low levels despite high interest rates.
US applications for jobless benefits fall again as labor market continues to thrive
Read full article: US applications for jobless benefits fall again as labor market continues to thriveThe number of Americans filing for jobless benefits fell last week as the labor market continues to thrive amid high interest rates and still-elevated inflation.
Wholesale inflation in US slowed further last month, signaling that price pressures continue to ease
Read full article: Wholesale inflation in US slowed further last month, signaling that price pressures continue to easeWholesale inflation in the United States was unchanged in November, suggesting that price increases in the economy’s pipeline are continuing to gradually ease.
Filings for jobless claims tick up modestly, continuing claims fall
Read full article: Filings for jobless claims tick up modestly, continuing claims fallU.S. applications for jobless benefits ticked up last week, but the overall number of people in the U.S. collecting unemployment benefits fell after hitting its highest level in two years last week.
US job openings fall to lowest level since March 2021 as labor market cools
Read full article: US job openings fall to lowest level since March 2021 as labor market coolsU.S. employers posted 8.7 million job openings in October, the fewest since March 2021, in a sign that hiring is cooling in the face of higher interest rates yet remains at a still-healthy pace.
Applications for jobless benefits up modestly, but continuing claims reach highest level in 2 years
Read full article: Applications for jobless benefits up modestly, but continuing claims reach highest level in 2 yearsSlightly more Americans filed for jobless claims last week, but the overall number of people in the U.S. collecting unemployment benefits rose to its highest level in two years.
U.S. unemployment claims drop by 24,000 to 209,000, another sign of labor market resiliency
Read full article: U.S. unemployment claims drop by 24,000 to 209,000, another sign of labor market resiliencyThe number of Americans applying for unemployment benefits fell sharply last week, a sign that U.S. job market remains resilient despite higher interest rates.
U.S. applications for jobless claims rise as labor market begins to show some signs of cooling
Read full article: U.S. applications for jobless claims rise as labor market begins to show some signs of coolingMore Americans filed for jobless claims last week, and while the labor market remains broadly healthy, there have been recent signs that it may finally be cooling.
What's pushing inflation down? More goods, workers and housing
Read full article: What's pushing inflation down? More goods, workers and housingLong past its painful peak, inflation in the United States may be heading steadily back toward its pre-pandemic levels, without the need for further interest rate hikes by the Federal Reserve.
US applications for jobless benefits inch down, remain at historically healthy levels
Read full article: US applications for jobless benefits inch down, remain at historically healthy levelsSlightly fewer Americans applied for jobless claims last week, further indicating that the labor market remains strong in an era of high interest rates.
US applications for jobless benefits inch higher but remain at historically healthy levels
Read full article: US applications for jobless benefits inch higher but remain at historically healthy levelsThe number of Americans applying for jobless benefits inched up last week but remains low by historical standards, even with the Federal Reserve’s aggressive interest rate hikes meant to cool the economy and taper lingering inflation.
U.S. job openings rise slightly to 9.6 million, sign of continued strength in the job market
Read full article: U.S. job openings rise slightly to 9.6 million, sign of continued strength in the job marketEmployers posted 9.6 million job openings in September, up from 9.5 million in August and a sign that the U.S. job market remains strong in the face of higher interest rates.
Weekly applications for US jobless benefits tick up slightly
Read full article: Weekly applications for US jobless benefits tick up slightlyThe number of Americans applying for jobless benefits rose last week but remains historically low as the labor market continues to show strength amid high interest rates and inflation.
US jobless claims remain at historically low 209,000, a sign of continuing labor market strength
Read full article: US jobless claims remain at historically low 209,000, a sign of continuing labor market strengthThe number of Americans applying for unemployment benefits was unchanged last week, remaining at historically low levels in another sign that the U.S. job market remains strong in the face of higher interest rates.
US inflation eased slightly last month as price increases extend slow descent
Read full article: US inflation eased slightly last month as price increases extend slow descentMeasures of U.S. inflation barely declined in September, evidence that consumer price increases are grinding lower at a gradual pace.
Wholesale inflation in US rises 2.2% in September, biggest year-over-year gain since April
Read full article: Wholesale inflation in US rises 2.2% in September, biggest year-over-year gain since AprilU.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates.
US applications for jobless benefits inch up but layoffs remain historically low
Read full article: US applications for jobless benefits inch up but layoffs remain historically lowSlightly more Americans applied for jobless claims last week, but layoffs remain low and the labor market continues to show resiliency amid elevated interest rates imposed by the Federal Reserve.
More evidence that the US job market remains hot after US job openings rise unexpectedly in August
Read full article: More evidence that the US job market remains hot after US job openings rise unexpectedly in AugustU.S. job openings unexpectedly rose in August, another sign the U.S. labor market remains strong despite higher interest rates — perhaps too strong for the inflation fighters at the Federal Reserve.
Slightly fewer number of Americans apply for jobless benefits as layoffs remain rare
Read full article: Slightly fewer number of Americans apply for jobless benefits as layoffs remain rareU.S. applications for unemployment benefits inched up modestly this week after reaching their lowest level in eight months the previous week, as the labor market continues to defy the Federal Reserve’s interest rate hikes meant to cool it.
US applications for jobless benefits fall to lowest level in nearly 8 months
Read full article: US applications for jobless benefits fall to lowest level in nearly 8 monthsU.S. applications for unemployment benefits fell to their lowest level in eight months last week as the labor market continues to show strength in the face of elevated interest rates.
Wholesale price inflation accelerated in August from low level
Read full article: Wholesale price inflation accelerated in August from low levelU.S. wholesale prices increases accelerated in August, a sign that inflation remains stubbornly persistent despite a series of sharp interest rate hikes by the Federal Reserve.
High gas prices push up inflation, but prices overall are slowly moving in the right direction
Read full article: High gas prices push up inflation, but prices overall are slowly moving in the right directionInflation jumped last month largely because of a spike in gas prices, while other costs rose more slowly, suggesting price pressures are easing at a gradual pace.
US applications for unemployment benefits fall to lowest level in 7 months
Read full article: US applications for unemployment benefits fall to lowest level in 7 monthsThe number of Americans applying for unemployment benefits last week fell to the lowest level in seven months, another sign that the labor market remains largely unaffected by higher interest rates.
US applications for jobless claims inch back down as companies hold on to their employees
Read full article: US applications for jobless claims inch back down as companies hold on to their employeesU.S. applications for unemployment benefits fell slightly last week as businesses continue to retain employees in an economy that has largely withstood rapidly rising interest rates for more than a year.
Fewer Americans apply for jobless benefits as labor market keeps humming along
Read full article: Fewer Americans apply for jobless benefits as labor market keeps humming alongApplications for unemployment benefits fell again last week as America’s labor market continues to hum along despite attempts by the Federal Reserve to cool the economy and bring down inflation that’s still higher than optimal.
Wholesale inflation in US edged up in July from low levels
Read full article: Wholesale inflation in US edged up in July from low levelsWholesale prices in the United States picked up in July yet still suggested that inflationary pressures have eased this year since reaching alarming heights in 2022.
US jobless claims fall again as labor market continues to flash strength
Read full article: US jobless claims fall again as labor market continues to flash strengthFewer Americans applied for unemployment benefits last week as the labor market continues to show fortitude in the face of higher interest rates.
US applications for jobless benefits fall again as labor market continues to defy the Fed actions
Read full article: US applications for jobless benefits fall again as labor market continues to defy the Fed actionsThe number of Americans applying for jobless benefits fell again last week as the labor market continues defy the Federal Reserve’s attempt to cool it by raising interest rates.
U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market
Read full article: U.S. job openings dip to 9.8 million but remain high, showing resilience in labor marketU.S. job openings slipped in May but remained at levels high enough to show the American labor market remains resilient in the face of sharply higher interest rates.
Share of US employees working on-site drops from 84% to 74% in pandemic's first year
Read full article: Share of US employees working on-site drops from 84% to 74% in pandemic's first yearWorkers in the fields of computer science, real estate, finance and insurance experienced the greatest bumps in working from home during the first years of the pandemic, while it barely budged for laborers in occupations like stockers, truck operators and order fillers.
Inflationary pressures continue to ease, producer prices drop 0.3% from April to May
Read full article: Inflationary pressures continue to ease, producer prices drop 0.3% from April to MayWholesale prices in the United States dropped 0.3% from April to May, another sign that inflationary pressures continue to ease in the face of repeated interest rate hikes by the Federal Reserve.
Mexico sets new work-from-home rules, including that employers pay internet
Read full article: Mexico sets new work-from-home rules, including that employers pay internetMexico's Labor Department has issued new rules requiring employers to pay for internet and provide ergonomic chairs for employees working from home.
US job openings hit 10.1 million and labor market still strong despite Fed efforts to cool economy
Read full article: US job openings hit 10.1 million and labor market still strong despite Fed efforts to cool economyU.S. job openings rose unexpectedly in April a sign the American labor market remians surprisingly resilient as the Federal Reserve pushes interest rates higher to combat inflation.
Survey of economists: Inflation will stay high this year, and so will Fed's key interest rate
Read full article: Survey of economists: Inflation will stay high this year, and so will Fed's key interest rateThe Federal Reserve will make only modest progress in its fight against inflation for the rest of this year, even while keeping its benchmark interest rate at a 16-year high, a group of business economists predict in a new survey.
US claims for unemployment aid jump, but remain low
Read full article: US claims for unemployment aid jump, but remain lowThe number of Americans applying for unemployment benefits jumped last week but remain low overall, even as the Federal Reserve has furiously raised interest rates to beat down inflation and cool the labor market.
Jobless claims fall again with labor market churning along
Read full article: Jobless claims fall again with labor market churning alongApplications for unemployment benefits in the U.S. fell last week as the labor market continues to show strength despite some weakness in other parts of the economy.
US jobless claim applications highest in more than a year
Read full article: US jobless claim applications highest in more than a yearU.S. applications for jobless benefits rose to their highest level in more than a year, but remain at relatively low levels despite efforts by the Federal Reserve to cool the economy and job market in its battle against inflation.
US wholesale inflation pressures eased sharply last month
Read full article: US wholesale inflation pressures eased sharply last monthU.S. wholesale prices fell in March, a sign that inflationary pressures in the economy are easing more than a year after the Federal Reserve began aggressively raising interest rates.
US adds a healthy 236,000 jobs despite Fed's rate hikes
Read full article: US adds a healthy 236,000 jobs despite Fed's rate hikesAmerica’s employers added a solid 236,000 jobs in March, suggesting that the economy remains on solid footing despite the nine interest rate hikes the Federal Reserve has imposed over the past year in its drive to tame inflation.
Applications for jobless aid rising but still at low levels
Read full article: Applications for jobless aid rising but still at low levelsThe number of Americans seeking unemployment aid was higher over the past few months than the government had initially reported, reflecting a modest rise in layoffs as the economy has slowed in the face of higher interest rates.
Feb job openings slip to 9.9M; a win in inflation fight?
Read full article: Feb job openings slip to 9.9M; a win in inflation fight?U.S. job openings slipped to 9.9 million in February, fewest since May 2021 and a sign that the job market may be starting to cool, which would be welcome news for the inflation fighters at the Federal Reserve.