The economy added 192,000 jobs in March.
Sen. Carl Levin (D-Mich.) said Friday that he wants the Senate to debate and pass legislation to raise the federal minimum wage when lawmakers return on April 28.
“When the Senate returns to Washington in late April, we should debate and pass legislation to raise the minimum wage,” Levin said said. “It is indisputable that increasing the minimum wage would reduce poverty.”
The House's top Democrat blasted Republican leaders on Thursday for refusing to take up a Senate-passed bill to renew emergency unemployment benefits.
A group of House lawmakers is headed to the Asia-Pacific on Friday for a week of talks with top leaders in Japan, South Korea and China to discuss strengthening economic, trade and security ties.
First-time claims for jobless benefits increased slightly last week but remain at levels reflecting an improving labor market.
Yellen suggested that unemployment was a more pressing concern than inflation.
The president will announce the funding at event in western Pennsylvania.
The Obama administration issued a report Tuesday criticizing China for recent drops in the value of its currency and vowing to closely monitor the yuan’s progress and press for further policy changes.
The Treasury Department called China’s currency "significantly undervalued" but didn’t go as far as to deem China or any other nation a currency manipulator in its semiannual report to Congress.
A Senate committee is examining whether a well-known sweepstakes company is continuing to deceive consumers by making them think that they need to make purchases to improve their odds of winning large cash prizes.
A surge of hours worked by women over the past 35 years has boosted household incomes as well as economic growth, a new report showed on Tuesday.
The economy cranked out about $1.7 trillion more output in 2012, about 11 percent higher than 1979, as women, including mothers, worked more, according to the report released by the Center for American Progress and the Center for Economic and Policy Research.