"Labor Department"
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![March Retail Sales Exceeded Expectations [Video]](https://video.newsserve.net/300/v/20240416/1372826444-March-Retail-Sales-Exceeded-Expectations.jpg) March Retail Sales Exceeded Expectations Credit: Wibbitz Top Stories Duration: 01:30Published | |
![Data Shows US Wages Falling at a 'Striking' Pace [Video]](https://video.newsserve.net/300/v/20240319/1369527240-Data-Shows-US-Wages-Falling-at-Striking.jpg) Data Shows US Wages Falling at a 'Striking' Pace Credit: Wibbitz Top Stories Duration: 01:31Published | |
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United States: USCIS Changes H-1B Program And Filing Fees, Labor Department Updates PERM - Duane Morris LLPU.S. Citizenship and Immigration Services (USCIS) has announced changes to modernize the H-1B program, reduce H-1B cap registration fraud and adjust certain filing fees.Mondaq - Published | |
US applications for jobless benefits fall again as labor market continues to thriveThe Labor Department reported that applications for unemployment benefits fell by 19,000 to 202,000. The Federal Reserve kept its key interest rate unchanged and indicated potential rate cuts next..IndiaTimes - Published | |
United States: Arnold & Porter Discusses More Labor Department Changes To Retirement-Plan Fiduciary Rules - Arnold & PorterIn the latest development in a long-running regulatory saga, the U.S. Department of Labor (DOL) on October 31, again proposed major changes (the Proposal)...Mondaq - Published | |
US jobless claims applications fall as labor market continues to show resiliencyThe US labor market continues to flex its muscle as applications for jobless claims fell again last week and remain at healthy levels in the face of high interest rates and inflation. Applications for..IndiaTimes - Published | |
United States: Real Estate & Construction News Roundup (08/08/23) – Buy And Sell With AI, Urban Real Estate Demand And Increasing Energy Costs - Pillsbury Winthrop Shaw PittmanIn our latest roundup, we look at AI's ability to buy and sell real estate, good news from the Labor Department for federally contracted construction workers, the continued promise of proptech, and..Mondaq - Published | |
US job growth remains moderate in July; wage gains still strongThe US economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to continued tightness in labor market conditions. Nonfarm payrolls..IndiaTimes - Published | |
US job openings fall to more than two-year low in JuneUS job openings fell to the lowest level in more than two years in June, but remained at levels consistent with tight labor market conditions despite hefty interest rate increases from the Federal..IndiaTimes - Published | |
Weekly US applications for jobless benefits slide to lowest level in 5 monthsThe number of Americans applying for jobless benefits slid last week to its lowest level in five months, further evidence that the US labor market continues to defy the Federal Reserve's attempts to..IndiaTimes - Published | |
US annual consumer inflation cools to lowest since 2021Annual consumer inflation in the United States cooled to its lowest rate since 2021, the Labor Department said Wednesday, an encouraging sign for policymakers who have been battling to rein in cost..IndiaTimes - Published | |
More Americans apply for jobless benefits, but layoffs are not rising significantlyThe number of Americans applying for jobless benefits rose last week, but remains at healthy levels despite the Federal Reserve's attempt to cool the labour market by raising interest rates. US..IndiaTimes - Published | |
Wall Street rises on hopes of Fed pausing hikes, debt ceiling deal cheerUS stock indexes rose as the Labor Department released payroll data and claims for jobless benefits, indicating that the nation's labor market is still tight and wage inflation is slowing. The Federal..IndiaTimes - Published | |
US job openings unexpectedly rise in AprilUS job openings unexpectedly rose in April and data for the prior month was revised higher, pointing to persistent strength in the labor market that could compel the Federal Reserve to raise interest..IndiaTimes - Published | |
US claims for unemployment aid jump, but remain lowThe number of Americans applying for unemployment benefits jumped last week but remain low overall, even as the Federal Reserve has furiously raised interest rates to beat down inflation and cool the..IndiaTimes - Published | US jobless claims rise but remain at historically low levelsUS applications for jobless benefits rose to their highest level in more than a year, but remain at relatively low levels despite efforts by the Federal Reserve to cool the economy and job market in..IndiaTimes - Published |
US stocks: Wall Street ends higher as investors eye upcoming jobs dataAlphabet Inc rallied 3.8% and Microsoft climbed 2.6%, with both leading the gains and powering the S&P 500 higher. The Labor Department's data showed that the initial jobless claims fell to a..IndiaTimes - Published | US weekly jobless claims fall; layoffs jump in MarchUS jobless claims fell to a seasonally adjusted 228,000 for the week ended 1 April, down 18,000 from the previous week, significantly beating economist expectations of 200,000 claims, according to the..IndiaTimes - Published |
United States: New Guidance Instructs IDR Entities To Move Forward With Some Payment Disputes While Holding Others - Manatt, Phelps & Phillips LLPThe Department of Health and Human Services, the Department of Labor and the Department of the Treasury (the Departments) are continuing to respond to decisions by a federal district...Mondaq - Published | US weekly jobless claims fall; fourth-quarter growth trimmedInitial claims for state unemployment benefits decreased 3,000 to a seasonally adjusted 192,000 for the week ended Feb. 18, the Labor Department said on Thursday. Economists polled by Reuters had..IndiaTimes - Published |
US weekly jobless claims increase, labor market still tightThe number of Americans filing new claims for unemployment benefits increased more than expected last week, but remained at levels consistent with a tight labor market. Initial claims for state..IndiaTimes - Published | US consumer inflation eased to 7.7% over past 12 monthsPrice increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the nation might be easing as the economy slows and consumers grow more..IndiaTimes - Published |
United States: Notice Of Proposed Rulemaking: The Department Of Labor's Newly Proposed Independent Contractor Rules - Taft Stettinius & HollisterOn Oct. 13, 2022, the Department of Labor (Department) published a proposed rule, titled, "Employee or Independent Contractor Classification Under the Fair Labor Standards Act...Mondaq - Published | Core US inflation rises to 40-year high, securing big Fed hikeThe core consumer price index, which excludes food and energy, increased 6.6% from a year ago, the highest level since 1982, Labor Department data showed Thursday. From a month earlier, the core CPI..IndiaTimes - Published |
United States: DOL (Somewhat) Unshackles Auditors From Stringent Independence Requirements - Groom Law GroupOn September 6, 2022, the Department of Labor (the "Department") published an Interpretive Bulletin entitled "Independence of Employee Benefit Plan Accountants" (the "Bulletin" or "IB 2022-01")...Mondaq - Published | United States: U.S. Department Of Labor Proposes Changes To The QPAM Exemption - Winston & Strawn LLPThe U.S. Department of Labor ("Department") has published proposed changes to its Prohibited Transaction Class Exemption 84-14 (the "QPAM (qualified professional asset manager) Exemption").Mondaq - Published |
US productivity posts biggest ever annual drop in second quarterUS worker productivity in the second quarter fell at its steepest pace on an annual basis since 1948, the labor department said on Tuesday, while growth in unit labor costs accelerated, suggesting..IndiaTimes - Published | US inflation hit 8.3% last month but slows from 40-year highConsumer prices jumped 8.3% last month from 12 months earlier, the Labor Department said Wednesday. That was below the 8.5% year-over-year surge in March, which was the highest rate since 1981. On a..IndiaTimes - Published |
US job growth solid in April; unemployment rate steady at 3.6%US job growth increased more than expected in April, underscoring the economy's strong fundamentals despite a contraction in gross domestic product in the first quarter. Nonfarm payrolls rose by..IndiaTimes - Published | US consumer price inflation hits four-decade high in JanuaryInflation in the United States was as hot as ever last month, with consumer prices seeing their largest annual jump in nearly four decades as costs rose for a wide range of items. The labor department..IndiaTimes - Published |
US weekly jobless claims unexpectedly rise as Covid-19 cases soarThe number of Americans filing new claims for unemployment benefits unexpectedly rose in the first week of January amid raging Covid-19 infections, but remained at a level consistent with rapidly..IndiaTimes - Published | US jobless claims drop seventh straight week to 268,000The number of Americans applying for unemployment benefits fell for the seventh straight week to a pandemic low of 268,000. The United States jobless claims dipped by 1,000 last week from the week..IndiaTimes - Published |
