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  • California unemployment rate dips to 7.2 percent Friday, 19 Dec 2014 | 1:00 PM ET

    SACRAMENTO, Calif.— California recorded its lowest jobless rate last month since the early months of the Great Recession, while the number of additional jobs was the second-largest gain since the state began keeping that record in 1990, the state Employment Development Department reported Friday. The number of new jobs in November is more than three times the...

  • Texas' November jobless rate falls to 4.9 percent Friday, 19 Dec 2014 | 11:46 AM ET

    AUSTIN, Texas— Texas' unemployment rate has declined for the third month in a row to 4.9 percent in November as the state continues to add jobs, the Texas Workforce Commission reported Friday. "The Texas economy continued its record-breaking expansion, providing job opportunities across a wide range of industries," Texas Workforce Commission Chairman Andres...

  • Unemployment rates fell in 41 US states last month Friday, 19 Dec 2014 | 10:35 AM ET

    The Labor Department said Friday that unemployment rates rose in only three states: Connecticut, Louisiana, and Washington state. North Dakota's 2.7 percent unemployment rate was lowest in the nation, while Mississippi's 7.3 percent rate was the highest. The biggest job gains occurred in California, which added 90,100 jobs in November, followed by Florida,...

  • Pennsylvania jobless rate falls, hiring flattens Friday, 19 Dec 2014 | 10:08 AM ET

    HARRISBURG, Pa.— Pennsylvania's jobless rate has fallen to another post-recession low even as payrolls remain static and below pre-recession levels, according to employment figures released Friday. November's seasonally adjusted unemployment rate in Pennsylvania was 5.1 percent, which is three-tenths of a percentage point lower than the month before,...

  • RIO DE JANEIRO, Dec 19- Brazil's jobless rate edged higher in November and surpassed forecasts, a sign the labor market is weakening as Latin America's largest economy stagnates. Brazil's non-seasonally adjusted jobless rate rose to 4.8 percent in November from 4.7 percent in October, statistics agency IBGE said on Friday. Although the unemployment rate...

  • Ohio unemployment rate at 5 percent, a 13-year low Friday, 19 Dec 2014 | 5:53 AM ET

    Ohio's rate remains lower than the U.S. unemployment rate, which for November was unchanged from October at 5.8 percent, and down from 7.0 percent in November 2013. Ohio's unemployment rate in November 2013 was 7.2 percent. Ohio's nonagricultural wage and salary employment increased 17,900 over the month, from a revised 5.31 million in October to 5.32 million...

  • Survey: Sluggish factory activity in mid-Atlantic Thursday, 18 Dec 2014 | 11:29 AM ET
    A machinist operates a lathe at the Windle Mechanical Solutions manufacturing facility in Philadelphia.

    Factory activity growth in the mid-Atlantic slowed in December, the Philadelphia Federal Reserve Bank says.

  • Treat workers like assets, not costs: AFL-CIO head Thursday, 18 Dec 2014 | 10:46 AM ET
    Richard Trumka

    Employers should work with labor leaders to create training that leads to jobs, said AFL-CIO president Richard Trumka.

  • Fewer Americans than expected file for benefits Thursday, 18 Dec 2014 | 8:30 AM ET
    Attendees pick up leaflets at a military veterans' job fair in Carson, California, October 3, 2014.

    The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market continued to strengthen.

  • Greek jobless rate dips further to 25.5 percent Thursday, 18 Dec 2014 | 6:18 AM ET

    ATHENS, Greece— Official Greek figures show unemployment in the country fell further to 25.5 percent in the third quarter from 26.6 percent in the previous quarter. Thursday's figures from the Hellenic Statistical Authority, which are not adjusted for seasonal factors, show that just over 1.2 million people are unemployed in Greece, which has a population of...

  • Yellen: Push unemployment rate lower to spur inflation Wednesday, 17 Dec 2014 | 3:24 PM ET

    WASHINGTON— Federal Reserve Chair Janet Yellen says she's prepared to let the unemployment rate fall from its current 5.8 percent to exceptionally low levels, saying doing so should help cause inflation to rise closer to the Fed's 2 percent target. A forecast provided by Fed policymakers indicates that the unemployment rate is expected to slip below 5...

  • Yellen: Normalization unlikely 'next couple meetings'  Wednesday, 17 Dec 2014 | 2:44 PM ET

    Federal Reserve Chair Janet Yellen, remarks on the range of views on the committee about when the lift in rates would be appropriate.

  • Fed Chair Yellen: New language not policy change  Wednesday, 17 Dec 2014 | 2:30 PM ET

    Federal Reserve Chair Janet Yellen provides insight to an update to the committee's forward guidance for the federal funds rate indicating it can be patient in beginning to normalize the stance in monetary policy.

  • Text of the Federal Reserve's statement Wednesday Wednesday, 17 Dec 2014 | 2:20 PM ET

    WASHINGTON— Below is the statement the Fed released Wednesday after its policy meeting ended:. Information received since the Federal Open Market Committee met in October suggests that economic activity is expanding at a moderate pace. Labor market conditions improved further, with solid job gains and a lower unemployment rate.

  • Market responds positively to Fed  Wednesday, 17 Dec 2014 | 2:12 PM ET
    Traders on the floor of the New York Stock Exchange.

    CNBC's Bob Pisani dissects the move higher in the S&P 500 after the FOMC statement. The Fed said the effects of lower oil prices are transitory in nature.

  • Fed confusing, way behind the game: Pro  Wednesday, 17 Dec 2014 | 2:05 PM ET

    Reacting to the FOMC statement, with Lindsey Piegza, Sterne Agee; David Kelly, JPMorgan Funds; Bob Doll, Nuveen Asset Management; and CNBC's Steve Liesman. The Fed has kept its key phrase of "considerable time."

  • Fed keeps 'considerable time,' but not as policy  Wednesday, 17 Dec 2014 | 2:00 PM ET

    CNBC's Steve Liesman reports the Federal Reserve has kept its key phrase of "considerable time" regarding keeping interest rates near zero, but only as a reference, not a policy. The committee continues to monitor inflation developments.

  • UK unemployment rate at 6-year low of 6 percent Wednesday, 17 Dec 2014 | 6:04 AM ET

    LONDON— Official figures show Britain's unemployment rate was 6 percent in the three months to October, its lowest level since the 2008 financial crisis. The Office for National Statistics said Wednesday that 1.96 million people were unemployed in the quarter, 63,000 less than the previous quarter. IHS Global Insight analyst Howard Archer was encouraged by...

  • What's weighing on Fed's plate  Monday, 15 Dec 2014 | 7:07 AM ET

    Pantheon Macroeconomics' chief economist Ian Shepherdson, thinks the Fed will shift its language this week regarding rates.

  • Not all non-working men willing to make sacrifices Friday, 12 Dec 2014 | 11:18 AM ET
    David Muszynski, a former concert technician and bar manager on disability, now living with and caring for his aunt Ruth, in Tonawanda, N.Y., Dec. 9, 2014.

    The share of prime-age men who are not working has more than tripled since the late 1960s, and some are not eager to take new jobs. NYT reports.