Department of Labor Archives - CFO

Experts React to 6.2% Rise in the CPI

Experts React to 6.2% Rise in the CPI

Fuel oil prices in October were up 12.3% month-over-month and 59.1% compared with a year ago.

By Vincent Ryan | November 10, 2021

6.6 Million Americans File Unemployment Claims

6.6 Million Americans File Unemployment Claims

An estimated one-in-ten Americans are out of work as fears of a deep recession loom.

By Lauren Muskett | April 9, 2020

DOL Updates Overtime Rules

DOL Updates Overtime Rules

An estimated 1.3 million employees could become eligible for overtime pay under the rule.

By Lauren Muskett | September 25, 2019

Gig Workers Are Not Employees: DOL

Gig Workers Are Not Employees: DOL

The Department of Labor's opinion came in a letter to a virtual marketplace company that operates in the "sharing" economy.

By Vincent Ryan | May 1, 2019

DOL Proposes Expanding Overtime

Risk & Compliance

DOL Proposes Expanding Overtime

The proposal would make more than 1 million workers eligible for benefits.

By Lauren Muskett | March 8, 2019

Jobs Report Tops Analysts’ Estimates

Jobs Report Tops Analysts’ Estimates

The labor market showed renewed strength in June, with nonfarm payrolls rising by 222,000 jobs.

By William Sprouse | July 7, 2017

Wholesale Prices Flatten in May

Wholesale Prices Flatten in May

Energy costs, especially the price of wholesale gasoline, dragged down the producer price index in May.

By William Sprouse | June 13, 2017

Court Blocks Obama’s Expansion of Overtime

Risk & Compliance

Court Blocks Obama’s Expansion of Overtime

The Labor Department exceeded its authority in raising the minimum salary level for overtime eligibility, a Texas judge rules.

By Matthew Heller | November 25, 2016

More Workers Doing Their Jobs Remotely

More Workers Doing Their Jobs Remotely

Nearly a quarter of U.S. workers did some or all of their work from home last year, the Labor Department says.

By Christopher Hosford | July 11, 2016

Good Advice for Plan Sponsors: Monitor Advisers

Retirement Plans

Good Advice for Plan Sponsors: Monitor Advisers

DoL's new "conflict of interest rule" for plan advisers may be good news for sponsors of small 401(k) plans, but will it drive up fees?

By David McCann | June 22, 2016

Consumer Prices Rise for Third Straight Month

Consumer Prices Rise for Third Straight Month

Core consumer prices increased 0.4% in May, pushed up by high rents for primary residences, said the Labor Department.

By Matthew Heller | June 17, 2016

New Overtime Pay Rules: How to Adjust

Workplace Issues

New Overtime Pay Rules: How to Adjust

Employers have some decisions to make to comply with the new DoL regulation that raises the salary threshold for overtime pay.

By Andrew Volin | June 7, 2016

Workplace Injuries to Be Made Public

Workplace Issues

Workplace Injuries to Be Made Public

Employers in hazardous industries will have their worker injury records posted on OSHA's website.

By Katie Kuehner-Hebert | May 12, 2016

U.S. Consumer Prices Inched Upward in March

U.S. Consumer Prices Inched Upward in March

Inflation pressures remained modest, despite a 2.2%, 12-month increase in core prices.

By Katie Kuehner-Hebert | April 14, 2016

March Jobs Report Shows ‘Best-Case Scenario’

March Jobs Report Shows ‘Best-Case Scenario’

While nonfarm payrolls rose by 215,000 last month, the gain was likely not strong enough to ignite inflation fears.

By Matthew Heller | April 1, 2016