OSHA will increase its penalties and cite certain violations in an "instance-by-instance" basis starting in March.

Tagged with: Doug Parker Occupational Safety and Health Administration osha U.S. Department of Labor

The federal department for labor will propose a rule to help combat employee misclassification, federal officials said on Tuesday. 

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Non-union contractors are lining up in opposition to proposed changes to federal prevailing-wage laws that they argue will make public projects more expensive at a time when the U.S. is looking to rebuild much of its infrastructure.

Tagged with: Associated Builders and Contractors Ben Brubeck Construction Business Group Dan Bukiewicz Davis-Bacon Act infrastructure Milwaukee Building & Construction Trades Council prevailing wages Robb Kahl U.S. Department of Labor

Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels.

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The U.S. Labor Department is considering revising federal Davis-Bacon rules, possibly resulting in the first overhaul in decades of the formula used to set prevailing wages on federal projects.

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Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% in the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.

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Average long-term U.S. mortgage rates fell this week and remain at historically low levels, just as the Federal Reserve prepares to raise its main borrowing rate later this month.

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Wholesale inflation in the United States surged again last month, rising 9.7% from a year earlier in a sign that price pressures remain high at all levels of the economy.

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Average long-term U.S. mortgage rates jumped last week to their highest level in more than two years, potentially bumping some homebuyers out of the market with Americans getting squeezed by higher costs for just about everything.

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Inflation soared over the past year at its highest rate in four decades, hammering America's consumers, wiping out pay raises and reinforcing the Federal Reserve's decision to begin raising borrowing rates across the economy.

Tagged with: inflation Joe Biden U.S. Department of Labor