The US Department of Labor released its employment situation report on Friday. Less workers were employed for 27 weeks or longer, but the US still has a long way to go before returning to pre-recession levels.
The American labor force is undergoing a fundamental shift as more people become freelancers, contract workers, and part-timers – bringing new flexibility but also new insecurities.
'We're committed to getting this done,' the White House's John Podesta said Friday of a new EPA proposal to limit carbon emissions from power plants. A business report showing a hit to the US economy contained 'fantasy job loss numbers,' he said.
The US Department of Labor released its weekly jobless claims report on Thursday. Initial unemployment claims increased by 8,000, but continued unemployment claims decreased by 20,000.