Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:40:\"Creating default object from empty value\";s:5:\"%file\";s:62:\"/home/themoney/public_html/modules/taxonomy/taxonomy.pages.inc\";s:5:\"%line\";i:33;}', 3, '', 'http://www.themoneytimes.com/tags/labor-department-0', '', '54.163.49.19', 1455064684) in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:12:\"user warning\";s:8:\"%message\";s:176:\"Table './themoney_2011new/nodewords_custom' is marked as crashed and last (automatic?) repair failed\nquery: SELECT pid, path FROM nodewords_custom ORDER BY weight ASC\";s:5:\"%file\";s:71:\"/home/themoney/public_html/sites/all/modules/nodewords/nodewords.module\";s:5:\"%line\";i:1384;}', 3, '', 'http://www.themoneytimes.com/tags/labor-department-0', '', '54.163.49.19', 1455064687) in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:388:\"mktime(): It is not safe to rely on the system\'s timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone \'UTC\' for now, but please set date.timezone to select your timezone.\";s:5:\"%file\";s:93:\"/home/themoney/public_html/sites/all/modules/nodewords/nodewords_extra/nodewords_extra.module\";s:5:\"%line\";i:401;}', 3, '', 'http in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:386:\"date(): It is not safe to rely on the system\'s timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone \'UTC\' for now, but please set date.timezone to select your timezone.\";s:5:\"%file\";s:93:\"/home/themoney/public_html/sites/all/modules/nodewords/nodewords_extra/nodewords_extra.module\";s:5:\"%line\";i:406;}', 3, '', 'http:/ in /home/themoney/public_html/includes/database.mysql.inc on line 135
Latest Labor Department news and updates

Money Matters - Simplified

Labor Department

Unemployment Rates on a rise in the U.S

With over 20 states across the United States cutting jobs the unemployment rate has reached around 9% avg, throughout the nation. The Labor Department said Friday that 29 states added jobs in August. Unemployment rates rose in 18 states, fell in 17 and were unchanged in 15.

Employment Push to US Economy? 195,000 jobs added

Good news for the US economy!! About 195,000 full bodied jobs have been introduced by U.S. Employers in June. The generous employers had added many more jobs in April and May as well. This upsurge in job growth indicates the days for a thriving and booming U.S. economy may have arrived.

Jobless rates rise in 28 US states

The United States continues to witness high unemployment rate, as joblessness increased in as many as 28 states in the month of June.

US jobless rate rises to 9.2% in June

Hiring in the United States slowed down considerably last month raising apprehensions that the lukewarm recovery witnessed so far has stalled out.

EEOC probing reports of employers' bias against the jobless

A recent probe initiated by the Equal Employment Opportunities Commission (EEOC) is trying to find out if the unemployed are discriminated against by employers while giving jobs. The advocates for the workers told the commission that there is a bias against the unemployed.

U.S. markets post modest gains

New York -- U.S. markets rose Thursday as a Labor Department report said first-time unemployment benefit claims fell by 23,000 in the week ending Oct. 16.

The Conference Board said leading U.S. economic indicators for September rose 0.3 percent, beating expectations slightly. In an overview of the U.S. economy, the U.S. Federal Reserve said Wednesday "national economic activity continued to rise, albeit at a modest pace" in September.

By close of trading, the Dow Jones industrial average added 38.60 points, 0.35 percent, to 11,146.57. The Standard & Poor's 500 rose 0.18 percent, 2.09 points to 1,180.26. The Nasdaq composite index of tech-dominated stock gained 0.09 percent, 2.28, to 2,459.67.

Markets head higher Thursday morning

New York -- U.S. markets rose Thursday morning as a Labor Department report said first-time unemployment benefit claims fell by 23,000 in the week ending Oct. 16.

The Conference Board said leading U.S. economic indicators for September rose 0.3 percent, beating expectations slightly. In an overview of the U.S. economy, the U.S. Federal Reserve said Wednesday that the "national economic activity continued to rise, albeit at a modest pace" in September.

In midmorning trading, the Dow Jones industrial average added 91.88 points, 0.83 percent, to 11,199.85. The Standard & Poor's 500 rose 0.84 percent, 9.84, to 1,188.01. the Nasdaq composite index of tech-dominated stock gained 0.91 percent, 22.41, to 2,479.80.

U.S. markets end winning streak

New York -- U.S. markets slid Thursday after the Labor Department said first-time unemployment claims rose in the week ending Oct. 9.

Initial claims for benefits rose by 13,000 after falling for six of the past seven weeks. The four-week rolling average for claims came to 459,000, up 2,250 from a week ago.

In a separate report, the Bureau of Economic Analysis said the U.S. trade deficit rose to $46.3 billion in August over a revised $42.6 billion in July. The trade deficit with China grew sharply from $25.9 billion to $28 billion.

After four consecutive days in the black, the Dow Jones industrial average closed with a drop of 1.51 points, or 0.01 percent, to 11,094.57.

U.S. markets close mixed

New York -- U.S. markets closed mixed Thursday after the Labor Department said first-time unemployment claims dropped marginally in the week ending Oct. 2.

The Labor Department said 11,000 fewer initial claims were filed, putting the week's total at 445,000.

In Europe, both the European Central Bank and the Bank of England said they would leave bank-to-bank lending rates intact, at 1 percent and 0.5 percent, respectively.

On Wall Street, the Dow Jones industrial average lost 19.07 points, or 0.17 percent, to 10,948.58. The Standard & Poor's 500 index lost 1.91, or 0.16 percent, to 1,158.06. The Nasdaq composite index added 3.01, or 0.13 percent, to 2,383.67.

U.S. markets flat Thursday

New York -- U.S. markets slid Thursday after the Labor Department said first-time unemployment claims dropped marginally in the week ending Oct. 2.

The Labor Department said 11,000 fewer initial claims were filed, putting the week's total at 445,000.

In Europe, both the European Central Bank and the Bank of England said they would leave bank-to-bank lending rates intact, at 1 percent and 0.5 percent, respectively.

On Wall Street, the Dow Jones industrial average lost 47.53 points or 0.43 percent to 10,920.12. The Standard & Poor's 500 index lost 5.40 or 0.47 percent to 1,154.57. The Nasdaq composite index shed 4.01 or 0.17 percent to 2,376.65.

The benchmark 10-year Treasury note rose 1/32 to yield 2.39 percent.


Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:12:\"user warning\";s:8:\"%message\";s:326:\"Table 'themoney_2011new.accesslog' doesn't exist\nquery: INSERT INTO accesslog (title, path, url, hostname, uid, sid, timer, timestamp) values('Labor Department', 'taxonomy/term/22754', '', '54.163.49.19', 0, 'b3390321ba286a71e840699afc116de6', 3507, 1455064687)\";s:5:\"%file\";s:63:\"/home/themoney/public_html/modules/statistics/statistics.module\";s:5:\"%line\";i:63;}', 3, '', 'http://www.themoneytimes.com/tags/labor-department-0 in /home/themoney/public_html/includes/database.mysql.inc on line 135