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The Latest Breaking News from the Labor Department

Biden's New 'Prevailing Wage' Rule Will Cost Taxpayers, Benefit Unions, and Hike Inflation

The Labor Department is officially undoing changes made to help combat inflation in the 1980s.

Reason

Wholesale inflation in US edged up in July from low levels

Wholesale price increases in the United States picked up slightly in July yet still suggested that inflationary pressures have eased this year since reaching alarming heights in 2022

The Independent UK

Harris will announce a new rule that raises worker pay on federal construction projects

Vice President Kamala Harris is announcing changes to labor rules that could give higher wages to construction workers on federal projects

The Independent UK

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Hiring below expectations in July but jobless rate dips to 3.5%

U.S. employers added 187,000 jobs last month. Economists had expected to see 200,000 new jobs in July.

Chicago Sun-Times

A 16-year-old died while working at a poultry plant in Mississippi

The teenager died after he became entangled in a machine he was cleaning late last Friday. Labor laws prohibit anyone under 18 from working in meat plants because of the hazardous conditions.

WEKU

Editorial: Bidenomics is just tired liberalism on steroids

The White House wallowed in a bit of good news last week when the Labor Department revealed that inflation in June had cooled to its lowest pace — 3% — in more than two years. Still, Fed officials have signaled that another rate hike is coming because they don’t want…

Tribune News Service

US cracks down on child labour violations amid loosening laws

A child died in a sawmill accident this month, as some Republican-led states move to relax child labour restrictions.

Al Jazeera

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The job market's pain-free rebalancing

The labor market is entering a sweet spot, with the tightness of 2021 and 2022 dissipating and workers seeing abundant opportunities.

Axios

U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market

U.S. job openings slipped in May but remained at levels high enough to show the American labor market remains resilient in the face of sharply higher interest rates

The Independent UK

Mississippi farms pay overdue wages for favoring immigrants over local Black workers, agency says

The U.S. Labor Department says 44 farms in Mississippi exploited local Black workers by paying higher wages to immigrants on temporary work visas

The Independent UK

The U.S. added 339,000 jobs in May. It's a stunningly strong number

Employers added a whopping 339,000 jobs in May, far above expectations, according to a report from the Labor Department on Friday. The unemployment rate rose to 3.7%, from 3.4% in April.

WEKU

US inflation down only marginally

WASHINGTON: Consumer inflation in the United States nudged down only slightly in April, the Labor Department said on Wednesday, despite strong efforts to cool the economy and rein in price increases.

Bangkok Post

Inflation stayed high last month, compounding the challenges facing the U.S. economy

Consumer prices in April were 4.9% higher than a year ago, according to the Labor Department. Prices rose 0.4% between March and April.

WEKU

Why Business Lobbyists Want to Stop Labor Secretary Nominee Julie Su

David Weil, whose 2022 Senate confirmation to a Labor Department post was blocked, says fast food companies, ride-sharing services and nonunion builders fear vigorous enforcement of labor laws.

Capital & Main

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WEKU

In a surprise, the job market grew strongly in April despite high interest rates

The U.S. job market may be getting a second wind. Employers added 253,000 jobs in April, a modest uptick from the month before. The unemployment rate dipped to 3.4%.

Axios

U.S. labor market booms in April, adding 253,000 jobs

Economists expected a gain of 185,000 jobs last month.

The Independent UK

10-year-old children found working at three McDonalds in Kentucky

Federal officials say two 10-year-olds are among the 300 children who worked at a McDonald’s restaurants in Kentucky with no or little pay

Fortune

Two 10-year-old kids found working at a Louisville McDonald’s until 2 a.m.—for no pay

The Labor Department found more than 300 minors working illegally at McDonald’s restaurants operated by three franchisees.

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The Independent UK

McDonald’s franchises fined for child labor violations

Federal officials say two 10-year-olds are among the 300 children who worked at a McDonald’s restaurants in Kentucky with no or little pay

The Independent UK

US job openings dip to 9.6 million, lowest since 2021

U.S. job openings fell in March to the lowest level in nearly two years, a sign that the American labor market is cooling in the face of higher interest rates

Fortune

A staggering number of Americans are living paycheck to paycheck

A new study conducted by LendingClub and PYMNTS.com found that 60% of Americans are living paycheck to paycheck—and some generations have it worse than others.

WEKU

12-year-olds can't buy cigarettes — but they can work in tobacco fields

Child labor rules in agriculture are looser than those in other industries, even for tasks that are dangerous. For all tobacco laborers, but especially kids, the work can cause nicotine poisoning.

Zenger

Inflation Rate Slows More Than Predicted In March: Markets Rally As The End Of Fed Hike Cycle Looms

The SPDR S&P 500 is volatile after the Labor Department reported a 5% year-over-year increase in the consumer price index

The Independent UK

US urges meat companies to ensure they don't use child labor

The Biden administration is urging U.S. meat processors to make sure children aren’t being hired illegally to perform dangerous jobs at their plants

Barchart

March Nonfarm Payrolls Report: The U.S. Labor Market Remains Strong

What you need to know… On Friday the Labor Department reported March nonfarm payrolls, which showed that the U.S. economy added 236,000 jobs, which was near the 238,000 expectation. The unemployment rate ticked lower to 3.5% from 3.6%. The U.S. stock markets were closed on Friday in honor of the...

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