Tag Archives: labor

WASHINGTON (AP) — The White House is withdrawing the nomination of E.J. Antoni to lead the Bureau of Labor Statistics, according to a White House official and an AP source who spoke on the condition of anonymity to discuss the action, which has yet to be publicly announced. The White House official declined to say the reasons for withdrawing the …

The White House on Tuesday withdrew the nomination of E.J. Antoni, a conservative economist, to be the next commissioner of the Bureau of Labor Statistics. “Dr. E.J. Antoni is a brilliant economist and an American patriot that will continue to do good work on behalf of our great country,” a White House official said in a statement to NBC News. …

The United States can’t actualize its moonshot AI goals if it’s lacking key workers to bolster the infrastructure to build the technology, according to Ford CEO Jim Farley. With AI predicted to balloon to a $4.8 trillion market by 2033, Farley warned the U.S. has overlooked the labor needed to build and sustain data centers and manufacturing facilities. While President …

US weekly jobless claims fall, but labor market softening  Reuters Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness  CNBC Fewer Americans file for jobless benefits last week despite signs of a slowing labor market  ABC News – Breaking News, Latest News and Videos Weekly U.S. jobless claims drop; second-quarter GDP revised upwards  Investing.com Jobless claims fall to lowest …

Jobless claims fall to lowest level since mid-July, easing concern over labor market  MarketWatch Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness  CNBC Fewer Americans file for jobless benefits last week despite signs of a slowing labor market  ABC News – Breaking News, Latest News and Videos US Initial Jobless Claims Drop to the Lowest Level Since …

Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal Reserve and elsewhere that the labor market is in danger. First-time filings for the week ending Sept. 20 totaled a seasonally adjusted 218,000, down 14,000 from the prior week’s upwardly revised figure and significantly less than the Dow Jones consensus estimate for …

Giant Bicycles Accused of Using Forced Labor, CBP Issues Withhold Release Order on Brand’s Products  Bikerumor World’s biggest bike manufacturer warns of import delays after surprise US customs ban  CNN Giant Brand Bikes Made in Taiwan Barred by Trump Administration  The New York Times US Customs detaining Giant Bicycles shipments over forced-labor allegations  Escape Collective US Customs detaining bikes made by Giant over forced-labor …

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | Reuters Federal Reserve Chair Jerome Powell said Tuesday that weakness in the labor market is outweighing concerns about stubborn inflation, leading to a decision he …

Bureau of Labor Statistics postpones key data report with no explanation  Axios Source link

Federal Reserve Bank of Minneapolis President Neel Kashkari has voiced his support for a rate cut at each of the remaining Federal Open Market Committee (FOMC) meetings this year in October and December in order to address the risk of a weakening labor market. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, …