Consumer Prices Rise 0.3% in November
WASHINGTON — Fueled by pricier used cars, hotel rooms and auto insurance, inflation in the United States moved slightly higher last month while remaining far below its peak of two years ago.
US Added a Strong 227,000 Jobs in November
WASHINGTON — America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month.
Trump Nominates Lori Chavez-DeRemer to Lead Labor Department
WASHINGTON — President-elect Donald Trump on Nov. 22 named Oregon Rep. Lori Chavez-DeRemer to lead the Department of Labor in his second administration.
Inflation Reaches Lowest Point Since February 2021
WASHINGTON — Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news.
Hiring Rebounds in August in Sign of Slowing Job Market
WASHINGTON — Hiring by America’s employers picked up a bit in August from July’s sluggish pace, and the unemployment rate dipped in a sign that the job market may be cooling but remains sturdy.
CPI Inflation Slowed Again in July
WASHINGTON — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September.
US Wholesale Inflation Cooled in July
WASHINGTON — Wholesale price increases eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates.
House Republicans Tell Julie Su to Step Down
House Republicans questioned Julie Su’s capacity to serve as acting labor secretary and criticized department rules regarding the status of independent contractors at a May 1 hearing.
Capitol Hill Republicans Press Acting Labor Secretary Su
During a U.S. House subcommittee hearing with acting Labor Secretary Julie Su on April 17, a Republican lawmaker on the panel raised concerns about a federal employee classification rule.
GOP Lawmaker Calls for Contractor Rule Suspension
Rep. Kevin Kiley is among a contingent of lawmakers advancing a congressional maneuver that would pause enforcement of a federal employee classification rule that affects truck drivers.