Department of Labor

The expiration of a $600 weekly jobless supplement at the end of July likely contributed to the decline in claims reported by the Labor Department on Thursday. Reports from payroll scheduling and workforce management firms suggested a decline in employment in early August due to the spread of new COVID-19 cases across the United States.

U.S. consumer prices rebounded in April after dipping in March, driven by a surge in gasoline prices and an uptick in housing costs, the Labor Department reported May 10.     

 U.S. job growth probably slowed further in September as Hurricanes Harvey and Irma left displaced workers temporarily unemployed and delayed hiring, the latest indication that the storms undercut economic activity in the third quarter, reported Reuters.

U.S. producer prices unexpectedly fell in July, recording their biggest drop in nearly a year and pointing to a further moderation in inflation that could delay a Federal Reserve interest rate increase.

A memo written by a male engineer at Google about gender differences sparked a quick rebuttal from Google after it circulated widely online.

Cheap energy prices kept U.S. inflation flat in June in another sign price pressures remain weak in the world's largest economy, Labor Department figures showed on July 14.

The falling price of gasoline also helped hold down US retail sales, which contracted for the second straight month in June, the Commerce Department reported separately.

On Sunday, Greece’s creditors presented the government with a draft agreement following its second review.

According to a finance ministry source, the draft contained certain “open issues” on the basis of which staff-level negotiations will continue.

U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but surging wages and an unemployment rate at an eight-year low suggested the labor market recovery remains firm. 

New claims for U.S. unemployment insurance benefits held steady last week, close to a four-decade low as the jobs market firms, the Labor Department reported on Nov. 12.

Initial jobless claims, an indicator of the pace of layoffs, totaled 276,000 in the week ending November 7, the same as the previous week.

U.S. employers added a solid 215,000 jobs in July, signaling a steadily rising job market and providing a key piece of evidence for the Federal Reserve in deciding whether the economy can withstand higher interest rates as soon as September.

The Labor Department also says the unemployment rate held at a relatively low 5.3 percent for a second straight month.