Port of Los Angeles going 24/7 to ease shipping backlog, White House says
The Port of Los Angeles will become a 24-hour, seven-days-a-week operation to help relieve supply chain bottlenecks and move stranded container ships.
The Port of Los Angeles will become a 24-hour, seven-days-a-week operation to help relieve supply chain bottlenecks and move stranded container ships.
Social Security checks to increase by 5.9% in 2022 as inflation jumps
The Social Security COLA amounts to $92 a month for the average retired worker, according to estimates released by the Social Security Administration.
The Social Security COLA amounts to $92 a month for the average retired worker, according to estimates released by the Social Security Administration.
Social security annual cost-of-living set to increase in 2022
Rising inflation is expected to lead to a sizeable increase in Social Security’s annual cost-of-living adjustment, or COLA, for the year 2022.
Rising inflation is expected to lead to a sizeable increase in Social Security’s annual cost-of-living adjustment, or COLA, for the year 2022.
Debt ceiling: House passes short-term increase, sends to Biden
The House approved a short-term debt ceiling increase so President Joe Biden can sign it into law this week.
The House approved a short-term debt ceiling increase so President Joe Biden can sign it into law this week.
Companies hard-pressed for holiday staff despite millions of job openings
Companies that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they’ll find all the workers they need.
Companies that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they’ll find all the workers they need.
Americans quit jobs at highest rate on record in August, Labor Department says
One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.
One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.
Nobel prize for economics awarded to 3 in US for societal research
The 2021 Nobel prize for economics on Monday was awarded to three U.S-based economists for work on so-called “natural experiments.”
The 2021 Nobel prize for economics on Monday was awarded to three U.S-based economists for work on so-called “natural experiments.”
September jobs report: US adds weak 194K jobs as delta maintains hold
U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy.
U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy.
Debt ceiling: Deal reached with GOP on short-term fix, Schumer says
A debt ceiling deal that would temporarily raise the limit through December has been reached with Republicans, Senate Majority Leader Chuck Schumer said.
A debt ceiling deal that would temporarily raise the limit through December has been reached with Republicans, Senate Majority Leader Chuck Schumer said.
US unemployment claims rise for 3rd straight week amid delta spread
U.S. unemployment claims rose by 11,000 last week to 362,000, the Labor Department said Thursday.
U.S. unemployment claims rose by 11,000 last week to 362,000, the Labor Department said Thursday.
Some USPS deliveries will soon take longer, cost more
USPS will also institute price increases on some packages during the holiday season.
USPS will also institute price increases on some packages during the holiday season.
Labor shortage impacting daycare centers
Labor shortages have impacted several sectors of the economy.
Labor shortages have impacted several sectors of the economy.
Few options for jobless Americans after pandemic unemployment benefits expire
It's estimated that roughly 8.9 million Americans will lose all or some of these benefits.
It's estimated that roughly 8.9 million Americans will lose all or some of these benefits.
Pandemic unemployment benefits end for 7M Americans on Labor Day
The expiration of jobless benefits could fuel a sharp spending pullback.
The expiration of jobless benefits could fuel a sharp spending pullback.
US unemployment claims hit pandemic low as hiring strengthens
The U.S. Labor Department reported Thursday that unemployment claims fell last week for a fourth straight time to a pandemic low of 348,000.
The U.S. Labor Department reported Thursday that unemployment claims fell last week for a fourth straight time to a pandemic low of 348,000.
Experts project record low poverty in 2021 resulting from COVID relief
The Urban Institute estimates that the poverty rate will be cut in half this year compared to 2020.
The Urban Institute estimates that the poverty rate will be cut in half this year compared to 2020.
American unemployment claims fall to 360,000, another pandemic low
The United States set another pandemic low in this week's jobs report, showing only 360,000 first-time filers for unemployment.
The United States set another pandemic low in this week's jobs report, showing only 360,000 first-time filers for unemployment.
Washington Wizards' NFT collection drops, available through July 14
The Washington Wizards have officially dropped their first NFT collection which includes “The Starting Five” for purchase and a free “The Sixth Man” NFT.
The Washington Wizards have officially dropped their first NFT collection which includes “The Starting Five” for purchase and a free “The Sixth Man” NFT.
June jobs report: US adds 850,000 jobs as economy extends its gains
U.S. employers added 850,000 jobs in June 2021, well above the average of the previous three months, the Labor Department said.
U.S. employers added 850,000 jobs in June 2021, well above the average of the previous three months, the Labor Department said.
Chipotle raising prices to offset its $15 minimum wage hike
Chipotle announced it would be raising menu prices by as much as 4% to offset the cost of the employee pay raises announced last month.
Chipotle announced it would be raising menu prices by as much as 4% to offset the cost of the employee pay raises announced last month.