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Tag Archives: Labor Department
US Producer Prices Increase in June to Near Record High
U.S. producer prices increased in June by more than a percentage point as businesses felt the pinch of rising inflation, according to a report by the Bureau of Labor Statistics (BLS). The Labor Department’s producer price index (PPI) rose 1.1% … Continue reading
US Inflation Hits 40-Year High in June as Consumer Prices Rise 9.1 Percent
Inflation rose to a 40-year high in June as consumer prices rose 9.1%, according to data released by the Labor Department on Wednesday. The rise marks the largest 12-month increase since November 1981. The increased inflation is driven by a … Continue reading
Posted in News, Today's News
Tagged AAA, consumer prices, Federal Reserve, gas prices, inflation, Labor Department, raw materials, supply chain issues
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Construction Costs Surge in April as New Tariffs and Other Trade Measures Lead to Significant Increases in Materials Prices
The cost of goods used in construction jumped in April at the fastest year-over-year rate since 2011. According to an Associated General Contractors of America analysis of Labor Department data, ongoing increases for a wide range of building materials, including … Continue reading
Posted in News, Today's News
Tagged Associated General Contractors of America, Labor Department
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DOL’s Joint Employment Rule Withdrawn
This week, Secretary of Labor Alexander Acosta withdrew the department’s 2015 and 2016 informal guidance on joint employment that could have held an employer liable for the labor and workplace practices of independent contractors and subcontractors such as glaziers. Under … Continue reading
Posted in Featured News, Today's News
Tagged Alexander Acosta, Department of Labor, DOL, Labor Department
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New OSHA Rule Could Extend Citation Period
The Labor Department’s Occupational Safety and Health Administration (OSHA) has issued a “clarification” to its reporting rules for workplace injuries and illnesses that some experts say is an attempt to circumvent a legal precedent. On December 19, OSHA published a … Continue reading
