Labor Department

March Jobs Report Reveals Foreigners Landed More Work Than Americans

The March jobs report released this week reveals more foreign individuals landed work than United States citizens.

Federal Reserve Officials Expect Economic Growth

Federal Reserve officials voted to leave its benchmark interest rate unchanged at a range of 5.25%-5.50%.

Biden Brags About September Jobs Report As Nearly 900K Full-Time Jobs Have Been Lost

President Joe Biden gloated about the September jobs report Friday, saying the total was "better than expected" as many full time jobs were lost and part time added.

Small Business Owner Says Biden’s Economy Is Still ‘Hurting’ Americans

One Georgia small business owner recently said Biden's economy and inflation are still "hurting" Americans ahead of the 2024 elections.

Biden, in First Veto, Rejects Bill That Sought to Block ESG Investing

President Biden on Monday vetoed his first bill — blocking a Republican-led effort to restrict pension funds from making investment decisions based on factors such as climate change.

Inspector Generals Say Billions in COVID Relief Funds Were ‘Biggest Fraud in a Generation’

Inspectors General from the Labor Department, Treasury Department, and Small Business Administration (SBA)testified on Covid-19 relief funding to the House Oversight Committee, stating that billions of dollars were lost through "fraud" and "waste" in what was "the biggest fraud in a generation."

US Jobless Claims Rise by Most in 5 Months

As of the week ending February 25, about 1.72 million people were receiving jobless aid, an increase of 69,000 from the previous week.

Inflation Up 6.4% From Last Year, Rising for the First Time in Months, Labor Department

The Consumer Price Index in January increased by 6.4% compared to the same time last year, in what was the highest inflation numbers since October 2022, the Labor Department said Thursday.

Rising Inflation, Household Income Growth Not Meeting Expectations Under Biden Admin

The prices of all items have increased by 0.5% from December to January, marking the highest monthly increase since October.

Biden Second Quarter Job Numbers off by 1 Million, Philadelphia Federal Reserve Bank Says

The Biden administration vastly overstated its estimate that employers created more than 1 million jobs in the second quarter of this year, claiming historic job growth when in fact hiring had stalled, according to a new estimate.

Latest news

- Advertisement -spot_img