Labor Department (US)
Biden Announces Tentative Deal to Avoid Rail Strike Is Reached
WASHINGTON — Freight rail companies and unions representing tens of thousands of workers reached a tentative agreement to avoid what would have been an economically damaging strike, a relief for businesses and consumers and a victory for President Biden, whose administration helped broker the deal. The breakthrough on Thursday morning came just hours before a […]
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With Surge in July, U.S. Recovers the Jobs Lost in the Pandemic
U.S. job growth accelerated in July across nearly all industries, restoring nationwide employment to its prepandemic level, despite widespread expectations of a slowdown as the Federal Reserve raises interest rates to fight inflation. Employers added 528,000 jobs on a seasonally adjusted basis, the Labor Department said on Friday, more than doubling what forecasters had projected. […]
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U.S. Economy Added 372,000 Jobs in June, Defying Slowdown Fears
The U.S. economy powered through June with broad-based hiring on par with recent months, keeping the country clear of recession territory even as inflation eats into wages and interest rates continue to rise. Employers added 372,000 jobs, the Labor Department reported Friday, and the unemployment rate, at 3.6 percent, was unchanged from May and near […]
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Hiring Remains Strong Even as Fed Tries to Cool Economy
But a broad range of economists and policymakers, including Jerome H. Powell, the Fed chair, stress that more modest wage gains when paired with milder prices will be more sustainable for all workers, who are also consumers, in the long run. “The Fed at this point is saying, look, we’d rather head off inflationary pressures, […]
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April Jobs Report: Gain of 428,000 Shows Vibrant Labor Market
The U.S. economic rebound from the pandemic’s devastation held strong in April with another month of solid job growth. Employers added 428,000 jobs, matching the previous month, the Labor Department reported Friday, with the growth broad-based across every major industry. The unemployment rate remained 3.6 percent, just a touch above its level before the pandemic, […]
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LinkedIn Agrees to Pay $1.8 Million to Women Over Discrimination Claims
LinkedIn, the professional networking platform, has reached an agreement with the U.S. Department of Labor to pay $1.8 million to female employees who the agency said received far less compensation than their male colleagues from 2015 to 2017, the department said on Tuesday. According to a statement released by the agency, LinkedIn denied 686 women […]
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January 2022 Jobs Report: Strong Gains Show Resilient Economy
A record-setting spike in coronavirus cases kept millions of workers at home in January and disrupted businesses from coast to coast. But it couldn’t knock the U.S. job-market recovery off course. Employers added 467,000 jobs in January, seasonally adjusted, the Labor Department said on Friday. The report smashed the projections of economists, who had been […]
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Job Openings Remained Elevated in December Despite Omicron Surge
The Omicron variant of the coronavirus has disrupted business and kept millions of people home from work. But in December, at least, it did little to cool off the red-hot job market. Employers posted 10.9 million open jobs in the last month of 2021, the Labor Department said Tuesday. That was up modestly from November, […]
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U.S. Sues Shop Owner Who Dumped 91,500 Pennies on Ex-Worker’s Driveway
The owner of a Georgia auto-repair shop who dumped 91,500 oil-covered pennies in a former employee’s driveway was not just creating a sticky mess that took nearly seven hours to clean up, the U.S. Department of Labor said. He was also retaliating against the former employee for having complained to the department that he had […]
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