Economists are still watching to see how consumer spending changes after the holiday season and if continued inflation will result in people cutting back on shopping. ...
The plaintiffs argue that Abbott did not have the authority under the state’s constitution to end the benefits. Unemployment Benefits Lawsuit Thousands of Texans have filed...
Arkansas, Florida, Georgia, Montana, Ohio, Oklahoma, South Carolina, South Dakota, Texas, and Utah are the latest round of states ending weekly federal enhancements early in an...
The Fed also announced that it expects to raise interest rates in 2023, a year earlier than its previous prediction. Unemployment Claims Rise The Labor Department...
The Federal Reserve believes the Consumer Price Index hike is only temporary and related to unique factors brought about by the pandemic. CPI on the Rise...
Meanwhile, Delta and American Airlines are asking some salaried employees to volunteer for extra, unpaid shifts amid a travel surge. Job Openings Hit 20-Year High The...
May’s job gains are a big step up from April, but the country still has a long way to go in returning to pre-pandemic levels. Job...
President Biden said Monday that out-of-work Americans will lose their enhanced federal unemployment benefits if they turn down a “suitable” job offer. The announcement follows a...
Unemployment claims fell to 498,000 last week, marking the first time claims dipped below half a million since coronavirus pandemic closures began. It’s also the fourth...
The Commerce Department released a report Thursday recording a 9.8% spike in retail sales for the month of March. That surge was largely driven by stimulus...