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Biden Labor Department repeals Trump-era rule on classifying gig workers
The Biden administration has nullified a Trump-era rule that would have made it easier to classify workers as independent contractors, blocking a .....»»
Department of Labor comments incrementally encouraging for Uber/Lyft, says Cowen
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Economic Report: U.S. inflation picks up in March, with core prices rising 0.4%, headline rate up 2.3% for year
U.S. inflation picked in March with core PCE inflation rising 0.4%, according to Labor Department data released Friday......»»
Biden will seek $80 billion for the IRS to claw back $780 billion in unpaid tax from the rich, reports say
The Biden administration is planning to dramatically increase the tax rich individuals and corporations pay to fund his sweeping economic plans. President J.....»»
Foxconn tax credits still a Wisconsin record, but back in line with previous awards
Wisconsin Department of Administration Secretary Joel Brenna.....»»
Ex-cop facing murder charges in death of Rayshard Brooks wants back on the force
Garrett Rolfe was fired from the Atlanta Police Department in June 2020, the day after he fatally shot Brooks in a Wendy's drive-thru. The Atlanta police officer Garrett Rolfe shot Rayshard Brooks on June 12 as the 27-year-old .....»»
Texas jobless claims trend down after March spike
After a spike in unemployment claims in Texas during March, new claims have trended downward so far in April, according to figures from the U.S. Department of Labor. First-time unemployment claims filed by Texas workers totaled more than 43,00.....»»
Economic Report: U.S. weekly jobless claims keep falling to new post-pandemic lows
U.S. jobless claims fell to 547,000 from a revised 586,000 in the prior week, the Labor Department said Thursday. That's the second big drop. Analysts were forecasting an increase......»»
California is "clawing back" from pandemic recession. But some have quit the job hunt
Some 40,000 California workers quit the labor f.....»»
Economic Report: U.S. producer price inflation posts biggest annual increase since 2011
The producer price index rose 1% in March, the Labor Department said Friday......»»
"It"s Complicated" podcast: Georgia Labor Commissioner says politics at the root of criticism
It's been a tough year for Georgia's labor market. No one knows that better than Mark Butler, head of the Georgia Department of Labor. The state's unemployment rate peaked at 12.5% during the pandemic, and demand for jobless benefits soared d.....»»
Stock futures trade higher ahead of jobs report on Good Friday
The Labor Department is expected to say the U.S. economy added 647,000 new nonfarm jobs last month, up from a much stronger-than-expected increase of 379,000 jobs in February.....»»
719,000 Americans file for first-time unemployment benefits
The number of Americans filing for first-time unemployment benefits unexpectedly last week, according to the Labor Department......»»
Pennsylvania"s unemployment rate remained at 7.3% for February, unchanged from month prior
Pennsylvania's unemployment rate remained unchanged from January to February at 7.3%, according to the Pennsylvania Department of Labor & Industry. The national rate ticked down one-tenth of a percentage point to 6.2%, L&I said. L&I also reported that.....»»
US jobless claims fall to 684,000, fewest since pandemic began
Thursday’s unemployment benefits report from the Labor Department showed that jobless claims fell sharply last week to 684,000, the first time that number has.....»»
Boston Mayor Marty Walsh is confirmed to lead Labor Department
Walsh, a friend of the president’s who was a favored candidate of organized-labor groups, will be the first labor secretary to come from a union background in nearly 50 years......»»
33-year low in female labor participation rate requires new childcare and paid-leave policies, JPMorgan says
A federal family-leave guarantee and public education funding can bring women back to the labor force and fuel strong growth.....»»
Economic Report: U.S. producer prices moderate in February
The producer price index for final demand rose 0.5% in February after a sharp 1.3% rise in the prior month, the Labor Department said on Friday......»»
US jobless claims fall to 712,000 as pace of layoffs eases
The Labor Department said Thursday that applications for unemployment aid dropped by 42,000 from 754,000 the week before, evidence that fewer employers are cutting jobs amid a decline in confirmed coronavirus cases and signs of an improving e.....»»
Economic Report: Job openings rise in January as labor market strengthens
U.S. job openings rose to 6.92 million in January, up from a revised 6.75 million in the prior month, the Labor Department said Thursday and this was well above the level seen during the depths of the pandemic......»»