Labor Department

Biden’s America: White House Says Americans Should Expect Shortages This Christmas

'There will be things that people can't get,' a White House official reportedly told Reuters.

Oil Prices Reach 3-Year High Amid Fuel Shortages

Oil prices on Tuesday hit a near-three-year high amid energy supply shortages, the Wall Street Journal reported.

U.S. unemployment claims rise after hitting pandemic low

The number of Americans seeking unemployment benefits moved up last week to 332,000 from a pandemic low, a sign that worsening COVID-19 infections may have slightly increased layoffs.

Inflation surges as prices spike 5.3 percent, settling at high pace

Inflation continued to surge in August, but appeared to settle at nearly the fastest pace in almost 13 years as the economy continues to emerge from the pandemic, the feds said Tuesday.

Pandemic unemployment benefits end for 7M Americans on Labor Day

The expiration of jobless benefits could fuel a sharp spending pullback.

Pandemic unemployment benefits set to end, shaking up labor market

As Labor Day weekend comes to a close, so too will expanded unemployment benefits for millions of people across the country.

Weak Jobs Report Could Cool Fed’s Tapering Plans

Friday’s lackluster non-farm payrolls report, which showed American employers adding far fewer jobs in August than expected, is likely to cool enthusiasm among Federal Reserve policymakers for a quick roll-back of stimulus, some experts believe.

Biden’s Economy Created Just 235,000 Jobs in August

The U.S. economy added 235,000 jobs in August and the unemployment rate dipped to 5.2 percent, the Labor Department said in its monthly labor assessment Friday.

Jobless claims fall to pandemic-era low as extra payments set to expire

340K Americans filed for first-time jobless benefits in the week ended Aug. 28.

U.S. jobless claims rise by 4,000 to 353,000

The number of Americans applying for unemployment benefits rose for the first time in five weeks even though the economy and job market have been recovering briskly from the coronavirus pandemic.

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