Initial jobless claims fell by 16,000 to 207,000 in the week that ended Jan. 25, the Labor Department said Thursday. It’s the lowest level in in three weeks.
U.S. investors rattled by this week's sharp tech sell-off will closely watch upcoming jobs data for signs of continued economic resilience, which could fuel inflationary concerns already stoked by President Donald Trump's policies.
The U.S. labor market ended 2024 on a high note, with employers adding 256,000 jobs in December. This exceeded expectations and reflected confidence in economic stability. The unemployment rate dropped to 4.
The number of Americans filing for jobless benefits fell last week in a sign that the labor market remains strong.
As of December, overall food inflation was 2.5% year over year, according to the Bureau of Labor Statistics’ consumer price index summary. Grocery prices (described as “food-at-home”) rose 0.3% month over month in December, while dining costs (also known as “food-away-from-home”) experienced a similar hike.
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September
Pennsylvania has some 66,000 federal workers. Many work in Veterans Affairs, Defense, and the Treasury. For tens of thousands of federal workers in the Philadelphia region, President Donald Trump’s executive orders this week could change how they do their jobs.
RFK Jr returns to Senate as trio of president’s controversial picks face hearings - RFK Jr, Tulsi Gabbard and Kash Patel’s hearings are expected to go ahead despite the deadly mid-air collision in Washington,
The Wall Street Journal criticized Trump, accusing him of prioritizing “unions over workers,” while Fox News contributor Katie Pavlich called on Senate Republicans to “vote this nomination down.” She said: “A co-sponsor of the Pro-Act as Labor Secretary? Absolutely not.”
As U.S. President Donald Trump returns to the White House, it already seems clear that his second term will look little like his first. Many of Trump’s first-term appointments distanced themselves from his views and even denounced him.
Trump tries to gut government as federal funding freeze blocked; Musk asked to ‘go get’ stranded astronauts: Live - More than two million federal workers received a redundancy email titled ‘A Fork in
President Donald Trump chose from his most loyal supporters when he created his Cabinet and appointed others to key roles within his administration.