labor department

U.S. employers added a burst of 467,000 jobs in January. The news comes despite a wave of omicron inflections that sickened millions of workers. The Labor Department’s report also showed the unemployment rate ticked up from 3.9% to 4%. Estimated job growth for December was also revised much higher, from 199,000 to 510,000. The strong hiring gain, […]

The financial impact of COVID-19 has now reached a historic level when it comes to unemployment. Just released numbers have 4.4 million people filing for unemployment insurance this past week. That brings a grand total for the last five weeks to 26.4 million according to the labor department. 16 million people are receiving unemployment right […]


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