Department of Labor - the federal department responsible for promoting the working conditions of wage earners in the United States; created in 1913 Labor Department, DoL, Labor executive department - a federal department in the executive branch of the government of the United States Occupational Safet...
private sector employees was $1,132 in December, up 3.6% from a year earlier, according to the U.S. Bureau of Labor Statistics. The CEO's higher gains pushed the median "pay ratio" at companies led by the CEOs studied by Equilar to 288 times the pay of ...
We estimate that our jobs-workers gap — total labor demand (employment plus job openings) minus total labor supply (the size of the labor force) — has fallen from a peak of 5.9 million to 4 million. All of the decline in labor demand so far has come from a decline in job...
There is still little evidence of a slowdown in the labor market. Tim SmartMay 2, 2025 177K Jobs Added in April The mineral deal signed by the U.S. and Ukraine ties the U.S. and Trump to Ukraine’s future – while providing very few real security assurances. Laura MannweilerMay 1,...
In the United States, Black workers account for 15 million, or 12 percent, of the 125 million US private-sector workers.1 The overall Black labor force, including the entire private sector, public sector, and the unemployed looking for work is 20.6 million.2 Our analysis of ...
The U.S. economy added a disappointing 148,000 jobs in December while the unemployment rate held at 4.1 percent, according to a closely watched Labor Department report Friday. Economists surveyed by Reuters had been expecting nonfarm payrolls to grow by 190,000. The total was well below the ...
The slight uptick followed gains of 3.5% in July and 6.1% in June, when the industrial sector knocked down by the pandemic began to rebound. For August, manufacturing rose 1% but mining, which includes oil and gas exploration, fell 2.5%, the Federal Reserve reported Tuesday. Production at ...
“As markets have generally been in ‘more jobs, fewer cuts’ mode, today’s number pumped the brakes on that mantra,” said Lindsay Rosner, head of Multi-Sector Fixed Income Investing, Goldman Sachs Asset Management. “While labor force participation and average weekly hours both edged up i...
9 This timing coincides with the first instance when total job openings in the United States exceeded the number of unemployed Americans.10 This phenomenon is partly due to longer-term economic factors, such as the declining population growth rate and the decreasing labor force participati...
21 Around three-quarters of them are a part of the labor force,22 though they are not evenly distributed across industries. Some industries rely much more on undocumented workers: According to the Department of Agriculture, 42% of agricultural workers are undocumented.23 Thus, the impact of ...