US unemployment claims fall to 326,000, first drop in four weeks
U.S. unemployment claims were down by 38,000 to 326,000 last week, the first drop in four weeks.
Target paying employees who work peak holiday shifts extra $2 per hour
Target said on Tuesday employees who pick up shifts during peak holiday hours will be eligible to make an extra $2 per hour.
Kroger seeks to fill 20,000 positions ahead of holiday season
Kroger is looking to fill 20,000 positions across the nation in an effort to prepare for the holiday season even as widespread labor shortages continue.
Bacon prices hit record high amid supply chain disruptions, increased demand
The cost of bacon was $4.77 in 2011 and has risen nearly 50% this year, according to U.S. Bureau of Labor and Statistics data.
Biden calls GOP’s refusal to raise debt ceiling ‘hypocritical’
President Joe Biden is giving remarks on the debt ceiling, as the U.S. quickly approaches its limit on federal borrowing.
US home prices saw record leap in July from previous year
U.S. home prices soared in July from a year earlier by a record amount as buyers desperate for homes bid up prices amid a limited supply of available properties.
Dollar Tree to sell more items above $1 amid rising shipping costs
The company had already begun testing higher prices at several hundred of its nearly 8,000 locations in the Dollar Tree Plus section and received positive feedback from customers.
US unemployment claims tick up from near a pandemic low
U.S. unemployment claims rose last week for a second straight week to 351,000.
Nabisco strike that impacted several states over after workers ratify new contract
The strike began on Aug. 10 and impacted factories in Chicago, Portland, Ore., Aurora, Colo., Richmond, Va., Chicago, Ill. and Norcross, Ga.
Biden calls on wealthy to ‘pay their fair share’ in speech on economy
President Biden says America's economy is at an inflection point during a speech Thursday afternoon.
US consumer prices rise 0.3% in August 2021, lowest in 7 months
U.S. consumer prices rose a lower-than-expected 0.3% last month, a hopeful sign that a recent jump in inflation may be cooling.
US Postal Service hiring 40,000 seasonal workers for 2021 holidays
The U.S. Postal Service is hiring more than 40,000 seasonal workers in preparation for the 2021 holiday season.
UPS aims to hire 100K ahead of 'record peak holiday season'
UPS is planning to hire 100,000 seasonal workers ahead of an anticipated crush of holiday orders to begin as early as October.
Experts forecasting economic recovery, strong job growth in Texas
The Federal Reserve Bank of Dallas' employment forecast predicts strong growth in Texas with all the jobs lost during the pandemic back by the spring of next year.
US unemployment claims reach another pandemic low as economy recovers
U.S. unemployment claims fell last week to 310,000, a pandemic low and a sign that rising COVID-19 cases have yet to lead to widespread layoffs.
‘No question’ delta variant is why August job growth wasn’t stronger, Biden says
America’s employers added just 235,000 jobs in August, a modest gain after two months of robust hiring at a time when the delta variant’s spread has discouraged some people from flying, shopping and eating out.
US unemployment claims rise by 4,000 to 353,000
U.S. unemployment claims rose for the first time in five weeks even though the economy and job market have been recovering from the pandemic.
Biden infrastructure agenda advances as House passes $3.5 trillion budget
House Democratic leaders have compromised with moderates and muscled President Joe Biden’s multitrillion-dollar budget blueprint over a key hurdle.
US unemployment claims hit pandemic low as hiring strengthens
The U.S. Labor Department reported Thursday that unemployment claims fell last week for a fourth straight time to a pandemic low of 348,000.
July jobs report: US adds 943K jobs, unemployment rate drops to 5.4%
Hiring surged in July as U.S. employers added 943,000 jobs. The unemployment rate dropped to 5.4% from 5.9% in June.