U.S. employers added 57,000 jobs in June, far below analysts’ forecasts and signaling that hiring may be losing momentum. By the numbers Economists polled by FactSet had predicted…
Read more Employers added 57,000 jobs in June, far below forecasts as hiring slowedLayoffs across the U.S. surged in January to their highest level for the month since 2009, when the economy was reeling from the housing crash, new data shows.…
Read more Layoffs jumped in January as companies pull back on hiringThe Consumer Price Index rose at an annual rate of 2.7% in November, cooler than economists had forecast and providing a sign that price pressures may be easing.…
Read more CPI report shows inflation rose at a 2.7% annual pace in November, cooler than expectedEmployers across the U.S. added 64,000 jobs in November, beating economists’ forecasts, new government data shows, even as fresh October figures revealed a loss of 105,000 jobs, a sign…
Read more Employers added 64,000 jobs in November, but the unemployment rate jumps to highest in four yearsThe Department of Labor’s internal watchdog is launching a review of the Bureau of Labor Statistics’ (BLS) approach to collecting and reporting economic data. Laura Nicolosi, assistant inspector…
Read more Labor Department watchdog launches probe into the Bureau of Labor StatisticsWhen President Trump last month fired the head of the federal bureau that produces the government’s monthly jobs report after the numbers pointed to a slump in U.S.…
Read more The government’s next jobs report lands Friday. Here’s what to look for.What’s behind the rise in labor productivity? – CBS News Watch CBS News Business sector productivity — the output per American worker — has grown more than 3%…
Read more What’s behind the rise in labor productivity?The bittersweet reality behind chocolate – CBS News Watch CBS News Chocolate is a more than $100 billion industry, but its story is not all sweet. The U.S.…
Read more The bittersweet reality behind chocolateSeparate owners of McDonald’s locations in Louisiana and Texas have been fined a combined $77,500 for letting minors work more hours than federal guidelines allow. CLB Investments has…
Read more Two more McDonald’s franchisees fined for child labor violations in Louisiana and TexasRecord number of women return to work post-COVID, but it might not last – CBS News Watch CBS News According to the Labor Department, the U.S. saw a…
Read more Record number of women return to work post-COVID, but it might not lastOne boss got so angry after a former employee contacted government labor regulators about a missing paycheck that he delivered the money in the form of 91,000 greasy…
Read more Feds penalize auto shop owner who dumped 91,000 greasy pennies in ex-worker’s drivewayA restaurant chain in California enlisted a fake priest to take confession from workers, with the supposed father urging them to “get the sins out” by telling him…
Read more California restaurant used fake priest to get workers to confessFor those wondering when AI will start replacing human jobs, the answer is it already has. Artificial intelligence contributed to nearly 4,000 job losses last month, according to…
Read more AI eliminated nearly 4,000 jobs in May, report saysJob market remains strong, Labor Department data shows – CBS News Watch CBS News The Labor Department released data Wednesday that shows there are almost two job openings…
Read more Job market remains strong, Labor Department data showsThe owners and operators of six Sonic Drive-In restaurants in northwest Nevada have paid more than $70,000 in civil penalties for allegedly violating federal child labor laws. Federal…
Read more Sonic Drive-In restaurants pay more than $70,000 for breaking child labor lawsApril job growth beats expectations amid banking industry turmoil – CBS News Watch CBS News The Labor Department’s latest report shows employers added 253,000 jobs in April. Daniel…
Read more April job growth beats expectations amid banking industry turmoilLatest jobs report shows strong economic growth – CBS News Watch CBS News The U.S. added 253,000 jobs in April, according to a report released Friday by the…
Read more Latest jobs report shows strong economic growthFor Sean Miller, a warehouse worker at a food distribution company, being called essential during the pandemic “was one of the most terrifying times of my life.” “Everybody…
Read more Worker strikes spiked last year amid worker frustration, surging inflationA large number of American men of prime working age — between 25 and 54 years old — are not working or even looking for work, resulting in…
Read more Millions of men have dropped out of the workforce, leaving companies struggling to fill jobs: It’s “a matter of our national identity”The red-hot job market capped off 2022 on a high note, with employers adding 223,000 jobs in December, the Labor Department reported Friday. The payroll numbers reflect a…
Read more U.S. added 223,000 jobs in December, capping off strong 2022
