Tagged: U.s. Department Of Labor

US Applications for Jobless Benefits Highest Since October 2021

US Applications for Jobless Benefits Highest Since October 2021

Restaurants & FoodTechnology & Telecom

The Labor Department reported Thursday that U.S. applications for jobless claims were 261,000 for the week ending June 3, an increase of 28,000 from the previous week's 233,000. Weekly jobless claims are considered representative of U.S. layoffs. read more >

US Prices Stay High, Showing Inflation Pressures Persist

US Prices Stay High, Showing Inflation Pressures Persist

Banking & FinanceRestaurants & Food

Prices increased 0.4% from March to April, the government said Wednesday, up sharply from a 0.1% rise from February to March. Compared with a year earlier, prices climbed 4.9%, down slightly from March's year-over-year increase. read more >

Inflation Pressures Remain Persistent as Consumers Pull Back

Inflation Pressures Remain Persistent as Consumers Pull Back

Banking & FinanceRestaurants & Food

An index that is closely followed by the Fed, which excludes volatile food and energy costs to capture "core" inflation, rose 0.3% from February to March and 4.6% from a year earlier, according to a report Friday from the Commerce Department. read more >