Labor Department

Red states leading US economic recovery from the coronavirus pandemic

States with Republican governors are leading the U.S. economic recovery from the coronavirus pandemic, while those run by Democrats – which tended to impose lengthier and stricter lockdowns on businesses – are faced with significantly higher unemployment rates. 

Producer prices soar 7.8% annually in July, most on record

Prices rose 1% month over month

Private sector hiring slows sharply in July

ADP says US economy added 330,000 private-sector jobs in July.

New jobless claims at 412,000, more than expected

The number of new applications for unemployment benefits rose 37,000 last week to 412,000, the Labor Department reported on Thursday.

U.S. Economy Adds 559,000 Jobs in May, Unemployment Rate Drops to 5.8%

The U.S. economy added 559,000 jobs in May and the unemployment rate dropped to 5.8 percent, the Labor Department said in its monthly labor assessment Friday.

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