UPS aims to hire 100K ahead of 'record peak holiday season'

UPS is planning to hire 100,000 seasonal workers ahead of an anticipated crush of holiday orders to begin as early as October.

‘No question’ delta variant is why August job growth wasn’t stronger, Biden says

America’s employers added just 235,000 jobs in August, a modest gain after two months of robust hiring at a time when the delta variant’s spread has discouraged some people from flying, shopping and eating out.

Fed to end ultra-low interest rates if hiring keeps improving, Powell says

Should hiring continue to improve, Chair Jerome Powell said the Federal Reserve will dial back its ultra-low interest rates policies later this year.

COVID-19 pandemic recession ended in April 2020, shortest on record

The recession that broke out with the onset of the coronavirus pandemic lasted just two months, officially ended in April 2020. That makes it the shortest downturn on record, according to the committee of economists that determines when recessions begin and end.

American unemployment claims fall to 360,000, another pandemic low

The United States set another pandemic low in this week's jobs report, showing only 360,000 first-time filers for unemployment.

McDonald’s to bolster free child care, paid tuition to entice workers

McDonald’s plans to invest millions more into new and already-existing programs to allow its franchisees to entice new employees and retain current workers.

Gas prices soar as Americans hit the road while supply remains low

The highest average for a gallon of regular gasoline is in the San Francisco Bay area at $4.39 while parts of Louisiana have the lowest prices at around $2.65.

Consumer prices saw largest inflation spike in June since 2008

Consumer prices in June rose 0.9% from May and 5.4% over the past year — the sharpest 12-month inflation spike since June 2008.

June jobs report: US adds 850,000 jobs as economy extends its gains

U.S. employers added 850,000 jobs in June 2021, well above the average of the previous three months, the Labor Department said.

Biden in Wisconsin: Infrastructure deal on the docket in La Crosse

President Joe Biden will look to sell voters on the economic benefits of the $973 billion infrastructure package while in Wisconsin on Tuesday.

Home prices surge by most on record

Home prices rose 14.6% year over year nationally in April, according to the national Case-Shiller index, making for the highest reading in more than 30 years of recordkeeping.

Average gas price rises to $3.15 a gallon; San Francisco has highest price in nation

Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area at $4.33 per gallon. The lowest average is in Baton Rouge, Louisiana, at $2.63 per gallon.

New Jersey invests $200K to make Atlantic City a national esports hub

The New Jersey Economic Development Authority and Stockton University are teaming up to establish an esports Innovation Center at the university's Atlantic City campus.

Federal Reserve expects to raise interest rates by late 2023

The Fed's policymakers forecast that they would raise their benchmark short-term rate, which influences many consumer and business loans, twice by late 2023.

2020 teen summer employment was lowest since Great Recession

The number of teens who were able to get jobs during the summer of 2020 saw its lowest level since the Great Recession in 2008.

Kroger hosting hiring event Thursday, seeking 10K new workers

Kroger, which is already the largest grocery retailer in the United States, is hoping to hire 10,000 more workers with its hybrid hiring event taking place Thursday, June 10.