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LABOR AND EMPLOYMENT DEPARTMENT
Global Market: US weekly jobless claims drop more than expectedUS unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a...- US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...
- Quote of the day by Gordon Granger for Juneteenth: 'The people of Texas are informed that in accordance with a Proclamation from the Executive of the United States, all slaves are...' - the Union Army officer's General Order No. 3 marked the end of slavery in TexasQuote of the day by Gordon Granger for Juneteenth: On June 19, 1865, Major General Gordon Granger arrived in Galveston, Texas, to announce ...
- US weekly jobless claims fall amid low layoffsInitial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 226,000 for the week ended June 13, the Labor Departm...
- US Visa Bulletin July 2026: Latest update brings bad news for Indians on the Green Card queueThe US Department of State's July 2026 Visa Bulletin introduces significant shifts for Indian green card seekers. The EB-2 category is now ...
- US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...
- ‘Main Street vs The Merger’: Hollywood workers rally against $110 bn Paramount-Warner dealA major media merger faces opposition from industry professionals and politicians. They fear the Paramount Skydance acquisition of Warner B...
- Dollar firms after strong US jobs data, pushes yen through 160 levelThe dollar strengthened significantly, poised for over a 1% weekly gain following robust U.S. employment figures. Nonfarm payrolls exceeded...
- Jobs report for May pushes US Fed interest rate expectations, yields higher. What does this mean?Jobs report today: Job gains last month were broad-based. Local governments added 55,000 workers, restaurants and bars 48,000, healthcare c...
- Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
- US Stock Market today: Nasdaq, S&P 500 set for low opening, Dow Jones to rise. Nvidia stocks, Intel, Micron, AMD, Broadcom shares under spotlightS&P 500, if remains low, would register its first weekly decline since April. The tech-heavy Nasdaq was also set to end the week slightly ...
- US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
- Global Market Today: Asian stocks slip as AI rally stalls, oil steadiesAsian stocks declined as AI shares pulled back and Middle East tensions weighed on investor sentiment. South Korean shares saw a significan...
- US weekly jobless claims increase more than expected; labor market remains stableDespite high-profile job cuts by technology firms related to the adoption of artificial intelligence, layoffs have remained low, confining ...
- 'You want me to quit? Sure': Gen-Z retail employee quit after boss said “work somewhere else,” triggering an 8-person walk-out over shady pay rulesA boss's dismissive attitude towards his young, female staff backfired spectacularly. When an employee challenged illegal practices, he thr...
- Software developer fired by toxic boss without warning gets full 20 vacation days after termination letter mistake, leaves critical project unfinishedA software developer faced daily abuse from his boss after a bug in his code. He was eventually fired without warning. However, a terminati...
- US stocks today: US stocks end modestly higher as AI zeal overcomes Middle East jittersUS stocks ended mixed as AI-driven optimism supported markets but was offset by rising geopolitical tensions and oil prices. Small-cap and ...
- US job openings climbed to 7.6 million in April despite economic fallout from the Iran warAmerican job openings saw a significant rise in April, reaching 7.6 million. This indicates a strong labor market despite global economic c...
- Dollar steady as traders await progress on Middle East peace talksThe US dollar held steady as global markets adopted a cautious stance. Investors are closely watching Middle East peace talks and upcoming ...
- US jobless claims rise to 215,000 but layoffs remain low despite Iran war uncertaintyThe persistently low number of claims suggests that most U.S. companies have not resorted to layoffs. But even if they're not cutting jobs,...
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