U..S. jobless claims inch drop to lowest level since October
First-time unemployment-benefits claims drop by 1,000 to 202,000. Economist forecast called for 210,000 new jobless claims.
Source: marketwatch.com
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Uber, Lyft say drivers not affected by new federal rule on worker classification
The Biden administration enacted a new labor rule Tuesday that aims to prevent the misclassification of workers as “independent contractors,” a step that...
Source: marketwatch.com
Jobs report exaggerated the increase in U.S. hiring in 2023
The U.S. added a surprisingly large 2.7 million new jobs in 2023 as the economy defied a widely forecasted recession. But monthly increases were exaggerated...
Source: marketwatch.com
Biden renominates Julie Su for labor secretary after Senate declined to confirm
The White House announced Monday that President Joe Biden has renominated Julie Su to serve as labor secretary as her confirmation has languished in the...
Source: marketwatch.com
Government Went On a Hiring Spree. That's About to Change.
The public sector added an average of 56,000 jobs per month in 2023, more than double the average monthly gain of 23,000 in 2022.
Source: marketwatch.com