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Initial unemployment claims dip lower
Fewer people sought U.S. unemployment benefits last week, as the continued low levels of applicants reflect growing job security. The Labor Department says weekly applications fell 3,000 to a...
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Jobless claims fall 9,000 to 7-week low
The number of Americans applying for unemployment benefits has reached its lowest level in seven weeks, a sign that the U.S. economy and job market are steadily improving. The Labor Department says...
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Services firms’ growth slows
U.S. services firms expanded at a solid but much slower pace in December compared with the previous month, a sign growth may have cooled at the end of last year. The Institute for Supply Management...
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Businesses added 241,000 jobs in December
The labor market ended 2014 on a strong note, payroll processor ADP said Wednesday, as businesses added 241,000 jobs in December. Economists expected ADP to report 225,000 new private sector jobs. They...
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Layoffs hit icons Coke and McDonald’s
Reality is hitting hard this week — in the form of pink slips — at two of America’s most iconic brands. Coca-Cola on Thursday announced plans to lay off 1,600 to 1,800 of its corporate, U.S. and...
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Jobless claims fall, suggests strong hiring
Fewer Americans applied for unemployment benefits last week, a sign that employers expect ongoing economic growth and the need to hold onto workers. The Labor Department said Thursday that applications...
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Jobs report arrives amid 2-day stock boom
An already hectic, wild week for investors gets potentially more hairy today when the government releases figures on how many jobs were created last month. Heading into “Jobs Friday,” Wall Street is in...
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Businesses added 213,000 jobs in January
The labor market cooled off a bit to begin 2015, payroll processor ADP said Wednesday, as businesses added a still-solid 213,000 jobs in January. Economists estimated the report would show 223,000 new...
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Weekly jobless claims tumble
Americans are finding jobs, the government says, reporting a big drop in unemployment claims last week. The total was 283,000 — an initial, seasonally adjusted count subject to revision later — that...
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Justices defend Muslim girl in employment dispute
Supreme Court justices who have been sympathetic to religious beliefs and customs sharply questioned a lawyer for Abercrombie & Fitch Wednesday over the clothier’s refusal to hire a...
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February jobs report
“Markets are looking for another robust jobs report, and bump up in (worker) wages, as a sign that the U.S. economy has escaped deflation and subpar growth of the past few years,” says Joe Quinlan,...
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Manufacturing slows as output, hiring weaken
U.S. factories expanded last month at their weakest pace in a year, with orders, hiring and production all growing more slowly. The Institute for Supply Management, a trade group of purchasing...
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Businesses add 212,000 jobs in February
Private employers hired 212,000 workers in February, adding more muscle to the frame of a growing U.S. labor force. Payroll processor ADP’s survey released Wednesday morning showed the seasonally...
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Weekly jobless claims fall sharply, drop 36,000
The number of people seeking U.S. unemployment benefits fell sharply last week, a sign that strong hiring will likely continue. Weekly applications for unemployment aid dropped 36,000 to a seasonally...
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Unemployment rate drops in 24 states in January
Unemployment rates fell in 24 states in January and rose in just eight, the latest evidence that hiring is strong across the country. The Labor Department said Tuesday that jobless rates were unchanged...
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“Good” March jobs report may not be so good
The markets are gearing up for the all-important jobs report due out Friday. The report will likely show that last month the economy, once again, added hundreds of thousands of jobs. It’s also expected...
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Jobs report may give Fed pause
For investors, the March jobs report means that the Federal Reserve’s first interest-rate hike could be slowly receding in the distance. The Bureau of Labor Statistics reported that the economy created...
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No alarms in weak March job gains
Economists don’t view the government’s report Friday of a skimpy 126,000 job gains in March as a harbinger of sluggish payroll growth in 2015, but several anticipate a slowdown from last year’s...
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P&G cutting more office jobs, up to 6,000 worldwide
Procter & Gamble will cut another 3,000 to 6,000 office jobs worldwide in the next two years, senior executives said Thursday. An unknown number of cuts could occur here, where the company is...
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Unemployment benefit claims fall to 15-year low
Initial claims for unemployment benefits fell to the lowest level in 15 years last week, a sign of an improving labor market and more stable employment for Americans. Seasonally adjusted first-time...
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