Department of Labor

• Credit Union Loan Demand Follows Job Growth: Analyst

  By Michelle A. Samaad  |  June 1, 2012

  A 1.4% decline in loans outstanding in 2010, modest 1.2% increase in 2011 at credit unions linked to how members feel about economy, jobs.

• Unemployment Drops to 8.3% in January

  By Claude R. Marx  |  February 3, 2012

  Of the 12.8 million people unemployed in January, 5.5 million had been without jobs for 27 weeks or more, the Labor Department said.

• NCUA: Agency Economist Drives the Data Train

  By Claude R. Marx  |  December 11, 2011

  If John Worth worked at the United Nations, he might be helping delegates understand a language that is quite different from their native tongues.

• Unemployment drops to 8.6%; CUNA, NAFCU Re-Issue MBL Cap Call

  By Claude R. Marx  |  December 2, 2011

  Employers added 120,000 jobs last month and the unemployment rate dropped slightly to 8.6%, the Labor Department reported Friday.

• Unemployment Nudges Down to 9%

  By Claude R. Marx  |  November 4, 2011

  Small movement for more employment.

• Unemployment Remains at 9.1%

  By Claude R. Marx  |  October 7, 2011

  Better hiring not enough to change jobless rate.

• No MBL Mention in Obama Package

  By Claude R. Marx  |  September 9, 2011

  Backers of measure to raise lending cap can continue efforts as measure moves through Congress.

• Lawmakers Urge Obama to Include MBL Hike in Jobs Package

  By Claude R. Marx  |  September 7, 2011

  Sponsors Royce and McCarthy pen letter to president ahead of Thursday night speech.

• American Airlines FCU Pays Back Wages

  By Natasha Chilingerian  |  August 17, 2011

  American Airlines Federal Credit Union of Fort Worth, Texas has agreed to pay nearly 300 current and former employees more than $83,000 in overtime back wages following a U.S. Department of Labor investigation.

• American Airlines FCU Pays More Than $83,000 in Overtime Back Wages

  By Natasha Chilingerian  |  August 10, 2011

  AACU says unintentional clerical error led to incorrect calculations, exemptions for salaried employees.