The US Department of Labor has been in the news recently due to its investigations and actions against companies for safety violations and labor practices. For instance, fines were issued to Ultium Cells LLC and RM Palmer Co. following deadly explosions at their facilities. Additionally, the Department is investigating Tyson Foods and Perdue Farms for allegedly using migrant children to clean their meat-processing plants during overnight shifts. These incidents have highlighted the Department's role in enforcing workplace safety regulations and protecting workers' rights.
The United States Department of Labor (DOL) is a cabinet-level department of the US federal government responsible for overseeing and enforcing labor laws and standards. It is tasked with promoting the welfare of workers, improving working conditions, and advancing opportunities for employment. The DOL is also responsible for administering various federal programs related to occupational safety, wage and hour standards, unemployment insurance benefits, reemployment services, and economic statistics. Through its various agencies and offices, the Department works to ensure fair treatment of workers and employers, promote workforce development, and provide resources and support to enhance the labor market.
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U.S. wholesale prices rose sharply last month, a sign that stubbornly high inflation may persist after three elevated readings in consumer prices to start the year
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With the Fed’s pivot plans now in disarray, it’s 2015 in reverse.
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Newly released Consumer Price Index data shows inflation accelerated in March. The year-over-year percent change was 3.5%.
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D.C. is America's app-based work hotspot.
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The figures could present a challenge for the Fed, which meets next week and is counting on cooling inflation as it considers when to cut its benchmark interest rate, now at a 23-year high.
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Economists are trying to gauge whether last year’s forecasts of a slowing labor market were mistaken or simply premature.
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US wholesale prices rose 0.3% from December to January, with year-over-year producer prices increasing by 0.9% in January.
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US inflation rose 3.1% in January, igniting fears that progress on inflation is stalling.
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The US economy added 353,000 jobs in January, surpassing economists' forecasts, and hourly wages rose 0.6% from the previous month, outpacing inflation.
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The US Labor Department has enacted a new labor rule that aims to prevent the misclassification of workers as independent contractors, making it harder for businesses to classify workers as contractors.
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The US added 216,000 jobs in December, surpassing economists' forecasts, but hiring activity and job vacancies declined.
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The US labor market added 216,000 jobs in December, surpassing economists' forecasts, marking the 36th consecutive month of gains.
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The Federal Reserve has projected three interest rate cuts in 2024, with more expected in 2025 and 2026.
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US online spending hit $9.8 billion on Black Friday and $12.4 billion on Cyber Monday, setting new records.
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US inflation slows to 3.2% in October, easing concerns and boosting stock market.
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US job growth slows to 150,000 in October, with the unemployment rate rising to 3.9%.
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Consumer prices in the US held steady in September, with inflation at 3.7% over the past 12 months.
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The number of job openings rose unexpectedly in August, and unemployment claims remained at 209,000 for the week ending Oct. 7.
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OSHA issues fines to Ultium Cells LLC and RM Palmer Co. for safety violations following deadly explosions at their facilities
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The Department of Labor is investigating Tyson Foods and Perdue Farms for allegedly using migrant children to clean their meat-processing plants during overnight shifts.