Department of Labor

Sen. Bernie Sanders may have lost the race to be the Democratic nominee for president, but the independent from Vermont was still interested in joining President-elect Joe Biden’s Cabinet in a role he feels passionate about. Rumors swirled for months that Sanders, who has long advocated for the working class, was jockeying to be secretary of labor, and Biden...

Two New England politicians have been chosen to join the Biden administration: Boston Mayor Marty Walsh for labor secretary and Rhode Island Gov. Gina Raimondo for commerce secretary.

The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep cutting jobs in the face of the accelerating pandemic

The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March but a figure that remains historically high and indicates the viral pandemic is still forcing many employers to cut jobs

The New York Department of Labor says it has paid out more than $5.8 billion in unemployment benefits since the beginning of the coronavirus pandemic — but many New Yorkers say they find the number is hard to believe. Around 1.5 million New Yorkers have been paid their claimed benefits, the department said Wednesday as it also announced a new…

More than 30 million people have filed for unemployment since the Coronavirus Pandemic began. Sarah Wallace reports.

New unemployment benefit claims are rising to levels unseen in recent U.S. history as a result of coronavirus concerns

The U.S. Department of Labor says jobless claims spiked to 281,000 last week after companies began layoffs to deal with issues stemming from the coronavirus pandemic.

New Jersey Gov. Phil Murphy wants to legalize marijuana, raise the minimum wage and fix NJ Transit, all proposals he had in his state of the State. Brian Thompson reports.

President Donald Trump rattled off several false claims in his Nov. 12 speech to the Economic Club of New York, in which he contrasted the supposedly “bleak” outlook at the end of his predecessor’s term with an exaggerated portrayal of the economy’s strong performance during his own tenure.

A solid October jobs report on Friday spotlighted the surprising durability of the U.S. economy in the face of persistent trade conflicts and a global slowdown. The economy managed to add 128,000 jobs last month even though tens of thousands of workers were temporarily counted as unemployed because of the now-settled strike against General Motors. What’s more, the government revised...

The U.S. unemployment rate fell to 3.5% in September, the lowest level in nearly five decades, even though employers appeared to turn more cautious and slowed their hiring. The economy added a modest 136,000 jobs, enough to likely ease worries that an economy weakened by the U.S.-China trade war and tepid global growth might be edging toward a potential recession....

Eugene Scalia, son of late Supreme Court Justice Antonin Scalia, was confirmed by the Senate on Thursday to head the Department of Labor.

The U.S. job market isn’t quite as strong as originally believed — with revised figures showing that the economy had 501,000 fewer total jobs this March than initially reported. The Labor Department said Wednesday that nearly two-thirds of the downward revision came from the retail and leisure and hospitality sectors, the industries most associated with consumer spending. These preliminary revisions...

U.S. employers sustained a steady pace of hiring in July, adding 164,000 jobs, according to the Bureau of Labor Statistics. The unemployment rate remained at 3.7% for a second straight month, close to a 50-year low. It’s a reassuring sign for an economy that’s endured a series of ups and downs.

Job gains in the services sectors continued to rocket higher in April as hiring remained hot for computer system designers, social workers and health-care professionals. Manufacturing, on the other hand, posted a third straight month of lackluster employment figures. CNBC studied the net changes by industry for April jobs based on the data from the Labor Department contained in the...

U.S. companies in April added the most jobs in 9 months, a sign that hiring remains strong amid solid economic growth. Payroll processor ADP said Wednesday that businesses hired 275,000 people last month, up from just 151,000 in March. That’s a much higher number than economists forecast for Friday’s government jobs report. Current projections call for the Labor Department to...

The number of Americans filing for unemployment benefits dropped to the lowest level in nearly half a century. The Labor Department says claims for jobless aid fell by 5,000 last week to 192,000, lowest since September 1969. The four-week average, which is less volatile, dropped by 6,000 to 201,250, lowest since November 1969. Weekly claims have been at historically low...

The pace of hiring in the United States fell last month to its lowest point in nearly a year and a half, a surprise drop likely reflecting harsh weather and other temporary factors that led most economists to see the slowdown as a temporary blip. Employers added just 20,000 jobs, down from a blockbuster 311,000 in January. Even with February’s...