labor department

U.S. initial jobless claims ticked slightly lower last week, showing strength in the labor market despite continued rate hikes from the Federal Reserve. What Happened: Jobless claims decreased by 4,000 for the week ending Nov. 12 to 222,000 from an upwardly revised level of...

Apple Inc. (NASDAQ: AAPL) stock had a stellar run on Thursday amid the equity market revival and, in the process, made its way into the record books. What Happened: Apple shares gapped up at the open after a Labor Department report showed annual headline inflation slowed from 8.2% in September to...

U.S. initial jobless claims ticked lower last week, but not by much. Unemployment insurance filings still remain near historically low levels. The Jobless Number: Jobless claims decreased by 1,000 for the week ending Oct. 29 to 217,000 from the previous week's...

U.S. job openings unexpectedly jumped last month, signaling labor demand remains strong despite the Federal Reserve's efforts to cool inflation and loosen the historically tight labor market.  What Happened: Employment openings increased to 10.7 million in September,...

U.S. initial jobless claims ticked higher last week, but came in below economist estimates and still remain near historically low levels. The Jobless Number: Jobless claims increased by 3,000 for the week ending Oct. 22 to 217,000 from an unrevised level of 214,000 in the prior...

The latest Consumer Price Index data shows that gasoline prices fell nearly 5% in September, but fuel costs are still up more than all other categories since last year. Despite airlines continuing to offset rising fuel costs with higher fares, demand isn't...

The Labor Department on Thursday reported an 8.2% year-over-year increase in the consumer price index for September, which sent the SPDR S&P 500 (NYSE: SPY) tumbling lower.  What Happened: The headline CPI rose 8.2% in September, down from 8.3% in August...

The SPDR S&P 500 (NYSE: SPY) turned negative premarket Thursday after the Labor Department reported an 8.2% year-over-year increase in the consumer price index for September, a potential sign that the Fed will continue to be aggressive in its fight against runaway inflation. What...

U.S. initial jobless claims unexpectedly fell last week to the lowest levels since April, signaling the labor market remains resilient despite continued rate hikes from the Federal Reserve. What Happened: Jobless claims decreased by 16,000 for the week ending Sept...

The Labor Department on Tuesday reported an 8.3% year-over-year increase in the consumer price index for August, which sent the SPDR S&P 500 (NYSE: SPY) and the Invesco QQQ Trust (NASDAQ: QQQ) spiraling lower.  The headline CPI rose 8.3% in August, down from 8.5% in July,...

Unemployment insurance filings unexpectedly fell for the first time in three weeks, flashing a positive sign for U.S. labor demand. What Happened: Claims fell by 2,000 for the week ended Aug. 13 to 250,000 total, according to data the Labor Department released on Thursday....

The U.S. labor market continues to move in the wrong direction as initial jobless claims rose to the highest levels seen this year. What Happened: Claims jumped 7,000 for the week ended July 16 to 251,000 total, according to data the Labor Department released on Thursday. The number...

Every day, Benzinga TV covers the biggest topics of the stock market. Benzinga’s new weekly highlights show features the top 10 events of the previous week. Follow Benzinga on YouTube for daily shows committed to providing the best market news and commentary. Here are the top 10 stock market...

Economic health is sound enough for the market to expect the Fed to continue with its measured pace of rate increases. Therefore, when Federal Reserve chair Janet Yellen sounded dovish at last week's semi-annual monetary policy testimony, it came as a surprise. The testimony, which cast a cloud of...

“Gig workers” make up almost 34 percent of the workforce, and Recode expects this number to double in four years. Gig workers are the Uber drivers, AirBnB property owners, the freelance writers, the self-employed musicians — the workers who make their own schedule and find their...