Tag: Department of Labor

The U.S. labor market remains strong despite weaknesses in other areas of the economy, this week's latest jobless claims report indicated. This comes after the national unemployment rate came in at 3.5%; marginally higher than January's half-century low of 3.4%. Data from the Department of...

The most recent report by the U.S. Department of Labor shows that weekly unemployment insurance claims have been on the rise across the nation. The number of jobless claims reached 239,000 last week, which is the highest mark since January 2022. The jobless claims have...