Labor Department (US) – Page 7

U.S. Job Growth Remains Strong, Defying Fed’s Rate Strategy

Employers added 263,000 workers in November, even as some industries showed signs of a slowdown. Wage growth exceeded expectations.

Government data for October shows the labor market is still strong, though cooling slightly.

Job growth is slowing but remains stronger than comfortable for the Federal Reserve, which is trying to tame high inflation.

A proposed rule, long awaited by labor activists, would make it harder for companies to classify workers as independent contractors.

A proposed rule, long awaited by labor activists, would make it harder for companies to classify workers as independent contractors.