Tag Archives: labor

The Department of Labor’s internal watchdog is launching a review of the Bureau of Labor Statistics’ (BLS) approach to collecting and reporting economic data. Laura Nicolosi, assistant inspector general for audit in the Labor’s Department’s Office of Inspector General, said in a September 10 letter to acting BLS commissioner William Wiatrowski that the watchdog will examine how the statistics bureau …

The Labor Department has announced an inquiry into the Bureau of Labor Statistics over recent changes to its data practices. In a letter published Wednesday, the office of the inspector general for the Labor Department cited BLS’s recent decision to reduce data collection activities for two key inflation reports, as well as the large downward revision in employment estimates it …

Workers picket outside the Boeing Defense, Space & Security facility in Berkeley, Missouri, US, on Monday, Aug. 4, 2025. Neeta Satam | Bloomberg | Getty Images The union that represents striking Boeing defense workers said Wednesday it has reached a tentative agreement with the company, subject to final voting this Friday. The agreement, set for five years, includes better wages …

Erin Scott/Bloomberg via Getty Images The Labor Department’s internal watchdog said Wednesday it has opened an investigation into how jobs and inflation data is collected by the Bureau of Labor Statistics. The probe by the department’s Office of Inspector General comes as BLS is under pressure from the Trump administration, which has pointed to recent downward revisions to employment data …

Recent jobs data did not paint the stable picture of the labor market that the Federal Open Market Committee (FOMC) might have been hoping for. The story will likely be the same for inflation data released later this week. While conflicting pressures on both sides of the Fed’s dual mandate will make a base rate decision more complex for chairman …

US payrolls benchmark revision estimate suggests labor market weaker than previously thought  Reuters JPMorgan CEO Jamie Dimon says the economy ‘is weakening’  CNBC Job market cracks are bigger than they originally looked  Axios BLS revision shows hiring was overstated by 911,000 jobs in past year  NPR Dimon Says US Economy Is Weakening After Record BLS Revision  Bloomberg.com Source link

The latest jobs report points to a labor market that’s faltering, but the slowdown may have begun much earlier. Economists expect the Bureau of Labor Statistics tomorrow to issue a major downward revision, showing the nation added hundreds of thousands fewer jobs than first reported. On Sept. 9, the BLS will release its preliminary benchmark revision to labor market data, which …

The mother-of-seven has been in ICU following the birth of her seventh baby, Henry, following a “more intense” birth than the previous ones. Erin Bates Paine’s health battle is ongoing. The star of UPtv’s Bringing Up Bates and mother-of-seven has been hospitalized for complications stemming from the birth of her newborn baby boy. On September 3, she suffered a “lengthy …

As fears swirl that American manufacturing workers and skilled laborers may soon be replaced by artificial intelligence and robots, Alex Karp, CEO of the AI and data analytics software company Palantir Technologies, hopes to change the narrative.  “It’s not true, and in fact, it’s kind of the opposite,” Karp said in an interview with Fortune Thursday at the company’s commercial …

Weak summer labor market flashes warning signs for the economy  The Washington Post A Second Weak Jobs Report Challenges Trump’s Claim the Economy Is Booming  The New York Times America’s job market flashes yet another warning sign about the economy  CNN Hiring Stalled in August, With 22,000 New Jobs  The Wall Street Journal Business Matters | US jobs market weakens further in August  BBC Source …