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No Tip? Restaurant Keeps Servers' Gratuities, Gets Slapped With Six-Figure Fine
Friday, October 14, 2022 - 9:06am | 507Patrons at sit-down restaurants pay for their meals and typically leave something extra for their server, known as a gratuity or a tip. One restaurant decided to keep the tips from staff and faces a big fine. What Happened: North Carolina-based “Jay’s Kitchen” was ordered to pay $...
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Jobless Claims Drop To Lowest Level Since May
Thursday, September 8, 2022 - 9:36am | 352Unemployment insurance filings fell for a fourth straight week to the lowest levels since May showing continued strength in U.S. labor demand. What Happened: Jobless claims fell 6,000 for the week ending Sept. 3 to 222,000 from a downwardly revised level of 228,000 in the prior...
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Q&A: What Companies Need To Know About The Families First Coronavirus Response Act
Friday, March 27, 2020 - 12:32pm | 1196The U.S. Department of Labor (DOL) has posted a "Families First Coronavirus Response Act: Questions and Answers" summary on its website, which can be accessed here. This is an attempt by the DOL to answer some preliminary questions related to the new Families First Coronavirus Response Act (FFCRA...
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Trump Administration Asks States To Withhold Unemployment Numbers: Report
Thursday, March 19, 2020 - 11:07pm | 314President Donald Trump's administration has asked state labor officials to temporarily withhold releasing the number of unemployment claims they are receiving, the New York Times reported Thursday. What Happened The United States Department of Labor sent an email to state officials asking them...
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Economists Hopeful Ahead Of Friday's Jobs Report
Friday, December 6, 2019 - 7:08am | 563Economists expect that Friday’s jobs report could show a buoyant outlook for the U.S. economy, according to The Wall Street Journal. What’s The Deal The U.S. Department of Labor is all set to release its November jobs report on Friday at 8:30 a.m. ET. The November report could show a...
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Jobless Claims Hit Four-Decade Low, But This Expert Isn't Impressed
Thursday, July 23, 2015 - 11:28am | 428The U.S. Department of Labor released its weekly continuous jobless claims and initial jobless claims figures on Thursday. Both numbers numbers beat estimates. Only 255,000 Americans filed for unemployment benefits during the week ending July 18 -- the fewest since 1973. Experts were...
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Economic Preview: Initial Jobless Claims
Wednesday, January 15, 2014 - 3:34pm | 506After a soft U.S. Employment Report last Friday, Thursday's Jobless Claims release will be watched closely by both investors and the Federal Reserve. What the Report Tells Us The Initial Jobless Claims figure shows the number of first-time claims for jobless benefits in the United States,...
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Mobile Health Apps Could Be the "Next Big Thing"
Friday, November 8, 2013 - 3:32pm | 633Investors are always looking for the “next big thing.” Business Insider, in a recent report, suggested the mobile health apps industry might be worth considering. Statistics support that notion with BI pointing out skyrocketing health care costs and the fact that health-related spending in the...
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Unemployment Rate Lowest Since Dec. 2008, But July Still Disappoints
Friday, August 2, 2013 - 9:35am | 107The United States Department of Labor released the jobs report for July today. The month showed an increase of 162,000 non-farm payroll jobs, bringing unemployment down to 7.4 percent, the lowest unemployment rate since Dec. 2008, and from 7.6 percent in June, as reported by CNBC's Squawk Box....
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Jobless Claims Drop 4,000 to 5 1/2 Year Low
Thursday, May 9, 2013 - 9:56am | 373The U.S. Department of Labor reported Thursday morning that, in the week ending May 4, the advance figure for seasonally adjusted initial claims was 323,000, a decrease of 4,000 from the previous week's revised figure of 327,000. This is the lowest level of new claims since January 2008. The...
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Jobless Claims Unexpectedly Drop by 18,000 to 324,000
Thursday, May 2, 2013 - 9:32am | 556In some good news for the economy, weekly jobless claims took a big drop. In the week ending April 27, the advance figure for seasonally adjusted initial claims was 324,000, a decrease of 18,000 from the previous week's revised figure of 342,000. These are the lowest number of claims since...
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Jobless Claims Unexpectedly Drop
Thursday, March 7, 2013 - 10:31am | 507Jobless claims dropped to a six week low, defying analysts expectations for an increase in claims. In the week ending March 2, the advance figure for seasonally adjusted initial claims was 340,000, a decrease of 7,000 from the previous week's revised figure of 347,000. This drop was unexpected,...
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An Encouraging Unemployment Release, What Does it Mean?
Friday, October 5, 2012 - 4:02pm | 411In the first jobs report since QE3 was announced, the most recent jobs report was released Friday morning and showed that the unemployment rate had dropped from 8.1 percent in August to 7.8 percent in September. Since January there has been an average of 146,000 jobs created by the economy each...
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Jobless Claims Fall More than Expected
Thursday, July 26, 2012 - 9:57am | 423In its weekly report, the U.S. Department of Labor said for the week ending July 21 that the advance figure for seasonally adjusted initial claims was 353,000. This reading was better than the consensus estimate of 380,000 and decreased 35,000 from the previous week's revised figure of 388,000....
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Jobless Claims Jump Unexpectedly
Thursday, July 19, 2012 - 9:41am | 424In its weekly report, the U.S. Department of Labor said for the week ending July 14 that the advance figure for seasonally adjusted initial claims was 386,000. This reading was worse than the consensus estimate of 365,000 and increased 34,000 from the previous week's revised figure of 352,000....