The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, indicating a weaker labor market and potential interest rate cuts by the Federal Reserve.
The Labor Department issued a new federal rule to better protect coal miners from poisonous silica dust, which has caused thousands of premature deaths from black lung disease. The rule cuts the permissible exposure limit for crystalline silica in half for an eight-hour shift.