President Biden is expected to use his first veto to protect environmental, social and corporate governance investment considerations in retirement plans.
Category: Labor Department (US)
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Biden Nominates Julie Su as U.S. Labor Secretary
President Biden’s choice to lead the Labor Department is the deputy to the incumbent, Martin J. Walsh, who is leaving the administration.
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Packer Sanitation Fined for Illegally Employing More Than 100 Children, Labor Officials Say
Packers Sanitation Services Inc. paid a $1.5 million penalty this week for employing children as young as 13 in dangerous jobs at meat-processing plants.
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Biden Labor Secretary to Depart to Run N.H.L. Players Union
Martin J. Walsh, a former mayor of Boston, was regarded as an unusually visible labor secretary.
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U.S. employers added 517,000 jobs in January.
The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
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U.S. employers added 517,000 jobs in January.
The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
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U.S. Survey Shows an Uptick in Job Openings, and Not in Layoffs
The Labor Department found a rise in the number of posted jobs per worker in December, despite the Fed’s efforts to cool the labor market.
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US Employers Added 223,000 jobs in December
The Federal Reserve’s moves to cool the economy with higher interest rates seem to be taking gentle hold. Wage growth lost momentum.
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U.S. employers added 223,000 jobs in December.
Forecasters estimate that employers added 200,000 jobs in December, a robust number though a bit below the average in recent months.
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Labor Market Strength Persisted Heading Into the Holidays
Government data from November showed job openings remained high, with rates of quitting and layoffs holding steady.
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U.S. Job Growth Remains Strong, Defying Fed’s Rate Strategy
Employers added 263,000 workers in November, even as some industries showed signs of a slowdown. Wage growth exceeded expectations.
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U.S. employers added 263,000 jobs in November, the latest sign of the economy’s strength.
The Labor Department report gauged the impact of the Federal Reserve’s campaign to tame inflation by tamping down hiring.