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    Jan 9, 2024

    Biden Administration issues new employee classification rule

    Stocks close mixed; labor rule meant to combat worker misclassifications; imports fall in November; exports fall as well

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    WASHINGTON, DC - MARCH 10: U.S. President Joe Biden delivers remarks on the February jobs report as Chair of the Council of Economic Advisers Cecilia Rouse (L) and Assistant to the President & Director of the National Economic Council Lael Brainard (R) listen in the Roosevelt Room at the White House on March 10, 2023 in Washington, DC. According to the Labor Department, U.S. employers added 311,000 jobs in February and the unemployment rate rose to 3.6%, two-tenths higher than in January.
    WASHINGTON, DC - MARCH 10: U.S. President Joe Biden delivers remarks on the February jobs report as Chair of the Council of Economic Advisers Cecilia Rouse (L) and Assistant to the President & Director of the National Economic Council Lael Brainard (R) listen in the Roosevelt Room at the White House on March 10, 2023 in Washington, DC. According to the Labor Department, U.S. employers added 311,000 jobs in February and the unemployment rate rose to 3.6%, two-tenths higher than in January.
    Alex Wong/Getty Images

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