Ongoing Jobless Claims Fall Below Pre-COVID Average

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Ongoing Jobless Claims Fall Below Pre-COVID Average

States reported that 204,000 workers filed for new unemployment benefits during the week ending Dec. 31, 2022, a decrease of 19,000 from the previous week’s revised level. The number of workers continuing to claim unemployment benefits—1.69 …
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FDA to review preventative option for RSV in infants, developers say

The US Food and Drug Administration has accepted a biologics license application for a long-acting antibody for the prevention of lower respiratory tract infections caused by the respiratory syncytial virus, according to the developers of the antibody.
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US labor market still resilient as 2022 ended

WASHINGTON, Jan 5 (Reuters) – The number of Americans filing new claims for jobless benefits dropped to a three-month low last week while layoffs fell 43% in December, pointing to a still-tight labor market that could force the Federal Reserve to keep …
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US Senate Commerce chair plans hearings after Southwest Airlines meltdown

Cantwell said she had spoken with Southwest CEO Bob Jordan and Transportation Secretary Pete Buttigieg about the issue and added that the committee “will be holding hearings for FAA (Federal Aviation Administration) reauthorization to examine how to …
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US Moves to Bar Noncompete Agreements in Labor Contracts

In a far-reaching move that could raise wages and increase competition among businesses, the Federal Trade Commission on Thursday unveiled a rule that would block companies from limiting their employees’ ability to work for a rival.
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