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Tag: U.S. Labor Department

Fed announces rate hike not seen in decades in attempt to fight rampant U.S. inflation

Wednesday, June 15, 2022 3:59 pm31 Comments

The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75-basis points in an attempt to cool inflation not seen in…

U.S. Producer Price Index surges 11.2% in March, highest level on record

Wednesday, April 13, 2022 8:58 am8 Comments

The U.S. Labor Department reported Wednesday that the Producer Price Index (PPI), which measures inflation at the wholesale level before…

Weekly U.S. jobless claims rise more than expected

Thursday, September 30, 2021 10:08 am17 Comments

The number of Americans filing for first-time unemployment benefits rose by 11,000 to 362,000 in the week ended September 25th, according…

Hotter-than-expected inflation: Consumer prices jump 5% in May, fastest pace since the summer of 2008

Thursday, June 10, 2021 8:54 am23 Comments

U.S. Consumer prices for May accelerated at their fastest pace in nearly 13 years as inflation pressures continued to build in the U.S. …

U.S. jobs report sharply misses expectations, unemployment rate rises to 6.1%

Friday, May 7, 2021 9:19 am27 Comments

The U.S. economy added 266,000 jobs in April, sharply missing economists’ expectations to mark the largest expectation gap in 23 years…

Wall Street slips as tech slide resumes, U.S. jobless claims rise

Thursday, February 18, 2021 2:51 pmThursday, February 18, 202139 Comments

Wall Street’s main indexes fell on Thursday as investors continued to shift out of tech shares, while a rise in U.S. weekly jobless claims…

U.S. weekly jobless claims fall to better-than-expected 751,000; lowest level since March

Thursday, October 29, 2020 9:52 am15 Comments

Initial weekly U.S. jobless claims fell to 751,000 for the week ending October 24th, down 40,000 from the previous week. It was the lowest…

U.S. surprisingly adds 2.5 million jobs, unemployment rate falls to 13.3%

Friday, June 5, 2020 9:56 amFriday, June 5, 202028 Comments

The May jobs report showed a surprising rise in the number of U.S. non-farm payrolls in the economy and a drop in the U.S. unemployment rate from April…

Trump administration discusses coronavirus response with tech firms

Thursday, March 12, 2020 9:29 am20 Comments

Trump administration officials, including U.S. Chief Technology Officer Michael Kratsios who led the call, discussed the response to the coronavirus…

Trump administration to meet with Apple, others to discuss ways to control coronavirus outbreak

Tuesday, March 10, 2020 8:24 pmWednesday, March 11, 202036 Comments

Trump administration officials will meet reps from Apple and other large tech companies on Wednesday to coordinate efforts over the coronavirus outbreak…

Dow jumps 300 points on strong U.S. jobs report; Apple hits new all-time high

Friday, December 6, 2019 3:26 pmFriday, December 6, 201913 Comments

U.S. stocks soared Friday after a much better-than-expected employment report for November from the Labor Department which saw the economy create 266,000 new jobs…

November U.S. job growth increased by the most in 10 months, confirming economic expansion continues

Friday, December 6, 2019 9:27 amFriday, December 6, 201924 Comments

Employers added 266,000 jobs in November and unemployment matched a 50-year low of 3.5%…

U.S. weekly jobless claims fall to the lowest level since 1969

Thursday, January 24, 2019 5:30 pm33 Comments

The number of Americans filing applications for unemployment benefits fell to more than a 49-year low…

U.S. jobless claims plunge to lowest level since 1973

Thursday, October 19, 2017 12:44 pmThursday, October 19, 201761 Comments

Jobless claims are at the lowest level in more than four decades, indicating employers…

U.S. unemployment rate falls to 10-year low, Apple shares hit new all-time highs

Friday, May 5, 2017 1:30 pm103 Comments

Job creation in April bounced back from a disappointing March…

Stocks struggle to hold gains; Apple slides

Thursday, October 11, 2012 3:31 pmThursday, October 11, 201211 Comments

Major averages are on pace for their biggest weekly drop in more than four months…

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