Labor Department – Page 6 – One America News Network

LOS ANGELES, CALIFORNIA - JUNE 02: A 'Now Hiring' sign is displayed outside a resale clothing shop on June 2, 2023 in Los Angeles, California. Today’s U.S. labor report shows that employers added 339,000 jobs in May with sectors including construction, healthcare, business services and transportation adding jobs with wages showing 4.3 percent growth over the same period last year. (Photo by Mario Tama/Getty Images)

Jobless Claims Decrease More Than Estimated To Calm Recession Fears For Now

The number of Americans filing new applications for unemployment benefits fell more than expected last week, somewhat easing fears of an unraveling labor market.

A man walks past a "now hiring" sign posted outside of a restaurant in Arlington, Virginia on June 3, 2022. US employers added 390,000 jobs last month, the government reported on June 3, 2022, a sign of a slowdown in hiring but still a better-than-expected result. The jobless rate held steady at 3.6 percent for the third consecutive month, just a tenth of a point above the pre-pandemic level of February 2020, the Labor Department said. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)

Report: U.S. Economy Added 114K Jobs In July, Unemployment Increases To 4.3%

U.S. job growth slowed more than expected in July, with the unemployment rate increasing 4.3%, leading to fears that the labor market is faltering and the economy is heading for a possible recession.

NEW YORK, NEW YORK - JUNE 07: A "Now Hiring" sign is seen at a FedEx location on Broadway on June 07, 2024 in New York City. A jobs report for the month of May released by Labor Department showed that the U.S. added employers added 272,000 nonagricultural jobs and also reported that the unemployment rate rose to 4 percent for the first time in more than two years. (Photo by Michael M. Santiago/Getty Images)

Unemployment Claims Increase To Highest Level Since September 2023

A new report has revealed that the number of jobless claims has reached the highest in 10 months.

File photo: People shop in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022. REUTERS/Andrew Kelly/File photo

Monthly US consumer prices post first drop in four years as inflation subsides

U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.

NEW YORK, NEW YORK - JULY 28: A "help wanted" sign is displayed in a window in Manhattan on July 28, 2022 in New York City. The Commerce Department said on Thursday that the nation's Gross Domestic Product (GDP) fell 0.2 percent in the second quarter. With two GDP declines in a row, many economists fear that the United States could be entering a recession. (Photo by Spencer Platt/Getty Images

US job growth slows moderately; unemployment rate rises to 4.1%

The Labor Department’s employment report also showed the economy created 111,000 fewer jobs in April and June than previously estimated.

SAN FRANCISCO, CA - NOVEMBER 09: Job seekers wait in line to enter the San Francisco Hire Event job fair on November 9, 2011 in San Francisco, California. The national unemployment rate dipped this past month to 9 percent in October after employers added 80,000 jobs. (Photo by Justin Sullivan/Getty Images)

Report: U.S. Job Market Weakens In June

The economy grew via the addition of 206,000 jobs in June, but unemployment was still above 4% in the same month, according to the Labor Department on Friday.