After dipping for a year below the national average, total compensation costs for private industry workers in South Florida have suddenly soared to the highest level by far among the 15 largest metrop...

JOBLESS CLAIMS AT LOW: First-time unemployment claims in Florida were at the lowest level in nearly seven months in the week ended Sept. 20. The US Department of Labor estimated 5,590 claims were file...

The statistical agency has lacked a leader since Trump fired its commissioner over a weak jobs report in August.

There is heightened concern about the future of key government statistics, including politicization and accuracy.

When labor data become a political issue

YouTube video by B.C. Begley

President Donald Trump recently fired BLS Commissioner Erika McEntarfer in response to a weak monthly jobs report.

The U.S. economy added 911,000 fewer jobs in the year ending in March than estimated, the Bureau of Labor Statistics said on Tuesday.

The assessment would follow President Trump’s firing of the head of the Bureau of Labor Statistics.

WASHINGTON (Reuters) -Friday’s U.S. government report showing weaker job growth last month was disappointing but should improve when the data is revised next month, White House economic adviser Kevin Hassett said, citing housing in particular. "It’s a little bit of a disappointing job number, but I pretty much expect it’s going to revise up" Hassett told CNBC in an interview. Data from the Labor Department’s Bureau of Labor Statistics released on Friday showed U.S. job growth weakened sharply in August while the unemployment rate increased to 4.3% as nonfarm payrolls increased by only 22,000 jobs. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI. Year to date, 3 out of 4 global portfolios are beating their benchmark indexes, with 98% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Which stock will be the next to soar?

(Reuters) -The number of Americans filing new applications for jobless benefits rose by the most in about three months last week in an initial signal that layoffs may be picking up and adding to signs the labor market is weakening. Initial claims for state unemployment benefits climbed 11,000 - the largest increase since late May - to a seasonally adjusted 235,000 for the week ended August 16, the Labor Department said on Thursday. Economists polled by Reuters had forecast 225,000 claims for the latest week. The labor market had split into low firings and tepid hiring as businesses navigate President Donald Trump’s protectionist trade policy, which has raised the nation’s average import duty to its highest in a century. Employment gains averaged 35,000 jobs per month over the last three months, the government reported in early August. Domestic demand grew in the second quarter at its slowest pace since the fourth quarter of 2022. The number of people receiving benefits after an initial week of aid, a proxy for hiring, rose 30,000 to a seasonally adjusted 1.972 million - the highest since November 2021 - during the week ending August 9, the claims report showed. The elevated so-called continuing claims align with consumers’ rising perceptions that jobs are hard to find. Economists said the continuing claims trend was consistent with the unemployment rate rising to 4.3% in August from 4.2% in July. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

In an unprecedented move, Donald Trump just fired the Commissioner of the Bureau of Labor Statistics (BLS)—the trusted agency responsible for America’s job numbers.

NEW TRANSIT APP: Four area transit agencies have linked to launch a mobile app to streamline transit planning and fare payment across South Florida’s major transportation systems. Labeled SoFloGO, the...

EJ Antoni, nominated by President Donald Trump Monday to become the next commissioner for the Bureau of Labor Statistics, suggested that the agency should suspend its monthly jobs report, claiming it ...