February's job gains were likely once more chilled by bad winter weather, and even March's employment report could be slushy.» Read More
The head of the Federal Reserve, Janet Yellen, vowed to do all that she can to bolster a U.S. economy that is still weak.
The services sector index fell last month, its worst read since February 2010 as bad weather impacted business activity.
JEFFESON CITY, Mo.-- Missouri payrolls grew in January while the state's unemployment remained unchanged at 6 percent. The state Department of Economic Development said Tuesday that Missouri employers added a net of 1,100 jobs in the first month of 2014.. Missouri's civilian labor force was just over 3 million in January, an increase of about 1,800 from December.
The U.S. economy created fewer private sector jobs in Feburary, ADP reported on Wednesday, as pervasive cold weather restrained hiring.
Moody's Analytics' Mark Zandi discusses the ADP jobs report, which was for a gain of 139,000 private sector jobs, and why the number seems so light. The weather has had an impact, he says.
U.S. manufacturing growth rebounded off an eight-month low in February, helped by a recovery in new orders.
U.S. consumer spending rose strongly in January, with income gains keeping pace during the month.
CNBC's Steve Liesman provides an update from the University of Chicago Monetary Policy Conference.
PROVIDENCE, R.I.-- Rhode Island's jobless rate for 2013 has been revised upward to 9.5 percent, and new data show the monthly rate never dipped below 9 percent last year as previously reported, state labor officials said Thursday. "Certainly the recovery in Rhode Island is frustratingly slow," said DLT Director Charlie Fogarty.
Amid harsh weather that battered much of the US, signed contracts to buy existing homes held steady last month, according to the National Association of Realtors.
U.S. consumer sentiment rose marginally in February even as concerns about the extreme weather persisted.
The U.S. slashed its estimate for fourth-quarter growth as consumer spending and exports were less robust than initially thought.
TOKYO, Feb 28- Japan's jobless rate held steady at the lowest in six years in January and the availability of jobs improved to the highest in more than six years in an encouraging sign that a tight labour market will support consumer spending.
CNBC's Steve Liesman shares highlights of Fed Chair Janet Yellen's testimony before the Senate Banking Committee.
Federal Reserve Chair Janet Yellen said Thursday that harsh winter weather may have had an impact on recent economic data and reiterated her stance that accomodative monetary policy should remain appropriate for some time.
The number of U.S. jobless claims rose last week, but the underlying trend suggested no shift in labor market conditions.
CNBC's Rick Santelli breaks down the latest numbers on unemployment and consumer spending. CNBC's Steve Liesman explains why he thinks the data is not just about the weather.
Recent economic data prompted Fed president Eric Rosengren to say the Fed should be patient with monetary easing.
Rep. Paul Ryan, (R-WI), shares his thoughts on why raising the minimum wage could hinder job creation.
Rep. Paul Ryan, (R-WI), discusses his vote for the Employment Non-Discrimination Act, which provides basic protections against workplace discrimination on the basis of sexual orientation or gender.