Content about Department of Labor

June 10, 2013

U.S. retailers added almost 28,000 new jobs in May, according to statistics from the Department of Labor.

Washington, D.C. -- U.S. retailers added almost 28,000 new jobs in May, according to statistics from the Department of Labor. This followed 20,000 new retail hires in April.

Restaurants hired another 38,000 people last month.

New retail and restaurant hires helped drive the addition of 175,000 total new jobs to the U.S. economy in May.

 

April 8, 2013

A report by the Labor Department showed that retail employment declined by 24,000 in March, the biggest slide since February 2012.

Washington, D.C. -- A report on Friday by the Labor Department showed that retail employment declined by 24,000 in March, the biggest slide since February 2012. The largest hiring slump occurred among clothing and accessories stores, which dropped 15,000, followed by a 10,000 decrease among building-material and garden suppliers.
 
Retailers have been slow to hire largely because of the concern over the 2% increase in payroll taxes and how the bump is impacting consumer spending.

July 5, 2012

A report issued by the Labor Department showed that applications for jobless benefits fell 14,000 in the week ended June 30, to 374,000.

Washington, D.C. -- A report issued Thursday by the Labor Department showed that applications for jobless benefits fell 14,000 in the week ended June 30, to 374,000.

The news eased some concern that the labor market is faltering further.

“Before today it was pretty clear the labor market had softened over the past few months,” Daniel Silver, an economist at JPMorgan Chase & Co., told Bloomberg. “Today’s reports show a little bright spot.”

 

June 14, 2012

A report released by the Labor Department showed that the cost of living in the U.S. dropped in May by the most in three years.

Washington, D.C. -- A report released by the Labor Department on Thursday showed that the cost of living in the U.S. dropped in May by the most in three years.

The consumer-price index declined 0.3%, more than forecast and the biggest drop since December 2008, after no change the prior month.

Economists projected a 0.2% decrease, according to the median estimate in a Bloomberg News survey. The core measure, which excludes food and energy costs, increased 0.2% for a third month.

April 12, 2012

Figures released by the Labor Department showed that more Americans than forecast filed applications for jobless benefits last week, reinforcing concern that the labor-market recovery will be slow to develop.

Washington, D.C. -- Figures released Thursday by the Labor Department showed that more Americans than forecast filed applications for jobless benefits last week, reinforcing concern that the labor-market recovery will be slow to develop.

Consumer confidence, however, has held up, as the Bloomberg Consumer Comfort Index was minus 32.8 in the period ended April 8, second only to the prior week’s minus 31.4 as the highest since March 2008.

November 29, 2011

By Julie S. Lucht, Perkins Coie LLP

By Julie S. Lucht, JLucht@perkinscoie.com

August 3, 2011

In a notification to Connecticut’s labor department, J.C. Penney Co. said it will lay off 442 workers at J.C. Penney’s distribution center in Manchester, Conn.

Plano, Texas -- In a notification to Connecticut’s labor department, J.C. Penney Co. said it will lay off 442 workers at J.C. Penney’s distribution center in Manchester, Conn.

According to the notice, J.C. Penney is closing the facility's dot-com unit, and that employees' last day will be Sept 30.
 

July 28, 2011

A report released Thursday by the Labor Department said that jobless claims for last week dropped by 24,000 to 398,000, the fewest since April.

Washington, D.C. -- A report released Thursday by the Labor Department said that jobless claims for last week dropped by 24,000 to 398,000, the fewest since April.

Initial claims from two weeks ago were revised up to 422,000 from an original reading of 418,000. Economists surveyed by MarketWatch had expected new requests for jobless benefits to fall to 413,000 in the latest week.

March 17, 2011

The Labor Department’s Producer Price Index rose last month, primarily due to higher energy costs and the biggest rise in food prices in 36 years, USA Today reported.

New York City -- The Labor Department’s Producer Price Index rose last month, primarily due to higher energy costs and the biggest rise in food prices in 36 years, USA Today reported.

Food prices rose 3.9% last month, the highest increase since November 1974.

The steep rise was due, in large part, to higher vegetable costs, which were up nearly 50%.

February 17, 2011

A report released Thursday by the Labor Department said that applications for jobless benefits increased by 25,000 to 410,000 in the week ended Feb. 12, exceeding the 400,000 median forecast of economists surveyed by Bloomberg News.

Washington, D.C. -- A report released Thursday by the Labor Department said that applications for jobless benefits increased by 25,000 to 410,000 in the week ended Feb. 12, exceeding the 400,000 median forecast of economists surveyed by Bloomberg News.

The filings increase indicates that labor market will take time to develop.

The total number of people receiving unemployment insurance was little changed, while those collecting extended payments decreased.

January 20, 2011

A report released Thursday by the Labor Department said that U.S. claims for initial jobless benefits last week posted their biggest decline in nearly a year.

Washington, D.C. -- A report released Thursday by the Labor Department said that U.S. claims for initial jobless benefits last week posted their biggest decline in nearly a year.

The drop erased the holiday-related spike, and illustrated that a healthier labor market remains intact.

December 15, 2010

The Labor Department reported Wednesday that the consumer-price index increased 0.1% in November after a 0.2% rise the prior month.

Washington, D.C. -- The Labor Department reported Wednesday that the consumer-price index increased 0.1% in November after a 0.2% rise the prior month. The rise was less than forecast, indicating higher prices for commodities such as fuel aren’t filtering through into other goods and services.

The median estimate of economists in a Bloomberg News survey called for a gain of 0.2%. The so-called core measure, which excludes more volatile food and energy costs, also rose 0.1%, matching the median forecast.

December 3, 2010

The Labor Department’s November report indicated that retailers didn't hire as many new workers during the month as they traditionally do at this time of year, according to the Wall Street Journal.

New York City -- The Labor Department’s November report indicated that retailers didn't hire as many new workers during the month as they traditionally do at this time of year, according to the Wall Street Journal.

The report showed retailers are extending hours of existing workers and some may have hired earlier this year than usual.

December 2, 2010

Fewer Americans filed claims for unemployment insurance payments over the past month, indicating some positive movement in the job market.

Washington, D.C. -- Fewer Americans filed claims for unemployment insurance payments over the past month, indicating some positive movement in the job market.

According to the latest labor department figures, the number of applications for jobless benefits averaged 431,000 a week over the month ended Nov. 27, the lowest level since August 2008. Claims increased by 26,000 last week, more than forecast, to 436,000, after reaching a two-year low.

November 10, 2010

A report released Wednesday by the Labor Department said that applications for jobless benefits declined by 24,000 to 435,000 in the week ended Nov. 6, the lowest level in four months.

Washington, D.C. -- A report released Wednesday by the Labor Department said that applications for jobless benefits declined by 24,000 to 435,000 in the week ended Nov. 6, the lowest level in four months.

The total number of people collecting unemployment insurance fell to the lowest level since November 2008, and those receiving extended payments also declined.

The four-week moving average, a less volatile measure than the weekly figures, dropped to 446,500 last week, the lowest since September 13, 2008, from 456,500, the report showed.

November 9, 2010

A report released Wednesday by the Labor Department said that applications for jobless benefits declined...

October 18, 2010

The Thomson Reuters/University of Michigan preliminary index of consumer sentiment, released Friday, showed that confidence among U.S. consumers unexpectedly declined in October, with Americans more pessimistic about current economic conditions.

Ann Arbor, Mich. -- The Thomson Reuters/University of Michigan preliminary index of consumer sentiment, released Friday, showed that confidence among U.S. consumers unexpectedly declined in October, with Americans more pessimistic about current economic conditions.

The index decreased to 67.9, the lowest since July, from 68.2 in September.

Unemployment projected to remain above 9% through next year may keep weighing on sentiment and make Americans reluctant to ramp up their spending, which accounts for 70% of the economy.

October 14, 2010

The Thomson Reuters/University of Michigan preliminary index of consumer sentiment, released Friday, showed that confidence...

October 14, 2010

A Friday report from the Labor Department showed that the cost of living in the...

September 15, 2010

A report issued by the Labor Department on Thursday said that the number of newly...

September 9, 2010

A late Thursday report from the Labor Department said that the number of people who...

August 3, 2010

Federal healthcare reform is now the law of the land, and the Federal agencies with...

By Alden J. Bianchi, ajbianchi@mintz.com

December 29, 2008

QVC Inc. plans to eliminate 500 jobs early next year at its headquarters in West...

April 30, 2008

Inquiring minds want to know: “Why have businesses taken advantage of options to reduce...

January 3, 2008

Washington, D.C. Employees at car dealerships, furniture stores, gas stations and clothing retailers were among...