Executive Department governing labor laws and workplace safety
July's jobs report has shown the unemployment rate falling to about 4.1% while long-term unemployment has dropped to roughly 1.8 million. Economists say the decline has been driven by 264,000 people leaving the labor force and a five-year low in participation, signaling discouraged jobseekers rather than stronger hiring.
Nonfarm payrolls have declined slightly in July while the unemployment rate has fallen, driven by a drop in government employment and a shrinking labor force. Private payrolls rose, sending mixed signals about the health of the labor market and the Fed's next move.
Developers, recruiters and employers are navigating a reshaped job market where agentic AI augments professional work, interviews extend around the clock, and demand for adaptable, high-skills workers rises. The shift emphasizes human judgment and cross-disciplinary proficiency as AI tools handle routine tasks.
The latest data show inflation cooling in July while wholesale prices slow and gas costs retreat, signaling a possible continuation of easing consumer prices. Yet analysts warn wage growth and volatile energy prices could rekindle pressure in coming months.
The US DHS has published a draft rule to make a $103,265 H-1B visa fee permanent, following a prior $100,000 temporary charge that faced legal challenges. The rule adds to existing costs and would not apply to certain in-country, student-visa holders. Courts are weighing the legality as lawsuits question presidential authority and Congress approval.
The State Department has paused all immigrant visa applications to reassess public-charge rules, while preparing to revoke up to 200,000 asylum-related business and tourist visas. Officials say the pause is temporary and tied to a global training program for consular staff, with interviews being rescheduled into the fall. Legal challenges are anticipated as the administration tightens enforcement of immigration policy.
A wave of higher borrowing costs is squeezing budgets as the AI buildout accelerates, with authorities signaling tighter policy ahead. Officials face pressure to balance growth and inflation, while bond markets push yields higher amid renewed funding needs.
The Department of Labor’s inspector general has released a 44-page report detailing a toxic workplace and misconduct claims around former Labor Secretary Chavez-DeRemer, including pressure on staff, personal tasks during official time, and an alleged inappropriate relationship with a security detail member. She resigned earlier this year.
The US labor market has expanded in August, with 162,000 jobs added and the unemployment rate steady at 4.1%. Revisions to June and July numbers lift the three-month payroll gain, while gains are led by local government education and bars/restaurants. The data points to a persistent-but-modest hiring pace amid geopolitical strain and AI-related changes.
A run of fresh data shows the UK labour market remains resilient despite signs of cooling. Payrolls edge down; unemployment holds at 4.9%; wage growth remains mixed across private and public sectors, with vacancies at a post-pandemic low.
The Federal Reserve has raised its benchmark rate by a quarter-point for the first time since 2023, moving the target to 3.75%-4.00%. Inflation remains above the 2% goal, and policymakers say they will slow spending and cooling the economy. Borrowers will pay more on mortgages and credit cards, while savers are likely to see higher returns on savings accounts and CDs.
The Securities and Exchange Commission has unveiled proposals to ease access to private markets for individual investors. Measures include opening accredited-investor status to more licenses and potentially requiring an exam. The rules aim to diversify investor participation, allow fee structures like performance fees on private assets, and expand vehicle types for private-market exposure. The proposals come as regulators push to democratize private investments while seeking guardrails against fraud.
The US economy has added 29,000 jobs in September, well below economists’ expectations of about 70,000-90,000. The unemployment rate has risen to 4.2%, while wage growth remains at 3% annually. Health care leads job gains, with construction and manufacturing also adding jobs, and several sectors showing declines or revisions to prior months.
The Trump administration has suspended new and pending PERM applications for major tech firms and a set of universities as part of a broader crackdown on skilled-work visas. Officials say the move targets perceived abuses while firms argue most filings extend existing workers’ statuses. The development follows high-profile comments by Vice President JD Vance about replacing American workers with foreign labor.
The administration has stepped up its stance on immigration in response to AI-fueled growth, with officials targeting PERM abuses while highlighting the need for U.S. talent. Microsoft faces scrutiny over H-1B use as industry leaders are lauded at a White House event.
The administration has suspended Microsoft, Adobe and other firms from the Perm visa program, citing abuses as it presses for American job protection. Officials say the move will push sponsors to hire Americans and strengthen domestic workforces while risking talent shortages in tech.
Lisa Cook’s lawyers have told the White House that a November 5 hearing cannot proceed because she will be performing Federal Reserve duties in Europe and preparing for the December FOMC meeting. Attorney Abbe Lowell has also warned that the White House committee is biased, citing members’ prior comments and unspecified additional allegations that must be disclosed before any fair hearing.
The U.S. Labor Department has suspended permanent Labor Certification (Perm) for several Indian IT firms amid a broader immigration crackdown. Vice President JD Vance has accused the H-1B system of fraud and undercutting American workers, highlighting Microsoft’s and Tata Consultancy Services’ roles in the debate. Indian authorities condemn the language while stressing that talent mobility benefits both economies.
A set of recent studies shows borrowers weigh debt repayment against building savings. While many prioritize paying down high-interest debt, experts warn against depleting emergency funds. The guidance: balance debt payoff with a cushion for unexpected costs as households reassess financial priorities amid rising rates and market uncertainty.
The CPI has risen to 3.7% over the past year, with a 0.6% monthly gain, driven by higher energy and fuel costs amid the Iran conflict. Core CPI has accelerated to 2.6%, complicating the Fed’s rate decisions as markets price in further hikes.
The Labor Department has reported that September producer prices rose 6.3% year over year, up from 5.6% in August—the largest increase since December 2022. On a monthly basis, prices climbed 1.3% from August to September, the biggest jump since March 2022. Core prices rose 0.7% over the month and 5.0% year over year.
Dolores Huerta has died at age 96, ending a lifetime of organizing with Cesar Chavez to improve farmworkers’ conditions. New revelations about Chavez’s abuse echoed in Huerta’s 2026 disclosure about sexual assault, highlighting the complex, painful history of the UFW and its leadership.