Department of Labor

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Department of Labor

A department of the United States government that is responsible for enforcement of laws regulating workplace conditions, minimum wages, and other federal labor laws. It is also administers unemployment insurance and collects some economic statistics, particularly regarding unemployment.
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References in periodicals archive ?
The US Labor Department stressed that there were no "discernible impacts" of the partial federal government shutdown on the estimates of employment, hours, and earnings.
Figures released by the US Labor Department showed jobless benefit claims jumped by 12,000.
According to AP, the US Labor Department says job openings rose 2 percent to 5.8 million, matching the highest number on records dating back to December 2000.
WASHINGTON, May 6 (KUNA) -- The US unemployment rate remained at 5 percent in April, the US Labor Department said in its monthly report on Friday.
The CBI reported a surprise three-year high for retail sales in the UK in August, while the US Labor department reported a drop in claims for unemployment benefits last week to 473,000.
The US Labor Department said initial jobless claims fell 26,000 last week to 323,000, reversing the previous week's increase and returning claims to pre-recession levels.
Another impact on oil price was a report by the US Labor Department that showed a job growth of 162,000.
The rise in oil prices in global markets was a result of unexpected employment growth in the United States as well as expectations of an increase in oil demand from the largest oil consumer in the world as the US Labor Department said "the new increase in employment pulled the unemployment rate to 7.5 percent." Brent crude futures, June delivery, touched a high of USD 1.34, reaching USD 104.19 pb while US light crude oil gained a high of USD 1.62, reaching USD 95.61 pb.