Category: Labor Department (US)

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.
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.
Job Openings Ease, but Layoffs Are Little Changed

Government data for October shows the labor market is still strong, though cooling slightly.
Labor Department Finds 31 Children Cleaning Meatpacking Plants

Packers Sanitation Services, a food safety contractor, hired children as young as 13 to clean dangerous equipment on overnight shifts, the department said. Several suffered chemical burns.
U.S. Added 261,000 Jobs in Strong Showing

Job growth is slowing but remains stronger than comfortable for the Federal Reserve, which is trying to tame high inflation.
Employers added 261,000 jobs in October, a sign that the economy is resilient.

U.S. Job Growth Remains Strong, Defying Fed’s Rate Strategy