New numbers from the U.S. Labor Department Friday surprised economists when the jobless rate dropped from 14.7 percent in April to 13.3 percent in May. But there was a note on the official report ...

CNN — The former acting head of the Labor Department under the Obama administration said he believes a "misclassification error" in the May jobs report, which may place the real unemployment rate ...

On Friday, the Bureau of Labor Statistics released its official jobs report for May which reported the first drop in the unemployment rate since the pandemic began wreaking havoc on the U.S. economy.

When the U.S. government’s official jobs report for May came out on Friday, it included a note at the bottom saying there had been a major “error” indicating that the unemployment rate likely should ...

The Fair Labor Standards Act (FLSA) is one of the oldest employment laws in existence. At the most basic level, the FLSA requires covered employers to pay overtime for all hours worked over 40 per ...