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Jobless claims jump, but labor market still appears steady
WASHINGTON (AP) — The number of Americans applying for unemployment benefits jumped last week, but remain in the same historically healthy range of the past few years despite growing concern over the health of the labor market. U.S. jobless claim applications for the week ending Dec. 6 climbed by 44,000 to 236,000 from the previous […]
U.S. job openings barely budged in October, coming in just below 7.7 million
U.S. job openings held at 7.7M in October as quits fell and layoffs rose, signaling a cooling labor market amid tariffs and Fed rate debates.
Jobless claims fall to 3-year low ahead of Fed decision
WASHINGTON (AP) — U.S. applications for unemployment benefits fell to their lowest level in more than three years during Thanksgiving week, potentially complicating the Federal Reserve‘s upcoming decision on interest rates. The number of Americans applying for jobless benefits for the week ending Nov. 29 fell to 191,000 from the previous week’s 218,000, the […]
U.S. jobless claims fall as filings return after shutdown
US filings for jobless benefits remained in historically healthy range during government shutdown
Future accountants have new path to certification
Starting in 2026, Virginia will drop its 150-hour rule, allowing bachelor’s degree holders to become licensed CPAs after two years.
Retailers scale back holiday hiring amid tariffs, slowdown
Retailers delay and reduce holiday hiring as tariffs, economic uncertainty and a government shutdown weigh on consumer spending.
With the US government dark, alternate sources show a sluggish September for jobs
With official data delayed by the shutdown, alternate reports show a stagnant U.S. job market and support for another Fed rate cut.
US jobless claims drop after hitting 4-year high
U.S. jobless claims fell by 33,000 to 231,000 after spiking to a nearly 4-year high, as weak labor data drives Fed interest rate cuts.
Federal Reserve cuts key rate for first time this year
WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s first cut since December and it lowered its short-term rate […]
New data shows the US job market was much weaker than thought in 2024, and this year as well
WASHINGTON (AP) — The U.S. job market was much weaker in 2024 and early this year than originally reported, adding to concerns about the health of the nation’s economy. Employers added 911,000 fewer jobs than originally reported from April 2024 through March, the Labor Department reported Tuesday. The department issues the so-called benchmark revisions every year. […]
Fed’s Fifth District sees modest growth
The Federal Reserve’s Fifth District saw its economy grow modestly in recent weeks, according to the latest edition of the Fed’s Beige Book.
Hiring stalls with US companies reluctant to expand in an uncertain economic landscape
Employers added 22,000 jobs in August, down from 79,000 in July, as the unemployment rate rose to 4.3% amid Trump policy uncertainty.
