Slightly more Americans applied for unemployment benefits last week, but layoffs have settled to the low, pre-pandemic levels seen before the coronavirus recession in 2020.
U.S. businesses posted a near-record level of open jobs in January, a trend that has helped push up worker pay and added to inflationary pressures in the U.S. economy.
President Joe Biden has decided to ban Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine, according to a person familiar with the matter, the Associated Press reports.
The Biden administration is proposing stronger pollution regulations for new tractor-trailer rigs that would clean up smoky diesel engines and encourage new technologies during the next two decades.
U.S. employers added a robust 678,000 jobs in February, another gain that underscores the economy’s solid health as the omicron wave fades and more Americans venture out to spend at restaurants, shops and hotels despite surging inflation.
More than half the states, including Louisiana, are pursuing renewed legal challenges against a requirement from President Joe Biden's administration for millions of health care workers across the U.S. to be vaccinated against COVID-19.