The number of Americans filing new claims for unemployment benefits fell more than expected last week pointing to a healthy labor market.» Read More
Tom Porcelli, RBC Capital Markets, shares his thoughts on when the Fed is likely to raise rates and its impact on yields. And CNBC's Steve Liesman, and GAMCO's Mario Gabelli, provide perspective.
CNBC's Rick Santelli reports the latest numbers on unemployment, and CNBC's Steve Liesman provides perspective
WASHINGTON— Below is the statement the Federal Reserve released Wednesday after its policy meeting ended:. Information received since the Federal Open Market Committee met in January suggests that economic growth has moderated somewhat. Labor market conditions have improved further, with strong job gains and a lower unemployment rate.
Janet Yellen responds to reporters' questions following the Fed rate decision and removal of the word patient from its statement.
Federal Reserve Chair Janet Yellen makes her opening statement, saying just because the Fed removed the word "patient" in its guidance for a rate increase, doesn't mean they are going to be "impatient."
NEW YORK— Stocks are rallying after the Federal Reserve indicated that it's not in a hurry to raise interest rates. In a statement released at the end of a two-day policy meeting Wednesday, the Fed forecast that the U.S. unemployment rate can fall further without spurring inflation. The Dow was up 145 points, or 1.4 percent, at 17,990 as of 2:15 p.m., fifteen minutes...
WASHINGTON, March 18- Unemployment rates for U.S. military veterans fell last year, but joblessness among their ranks remains higher than the civilian population, a government report showed on Thursday. The unemployment rate among veterans who joined the military after Sept. 11, 2001, fell to an average of 7.2 percent last year from 9 percent in 2013, the Labor...
Post-9/11 veterans struggle as their unemployment rate stands at 6.7 percent, versus 5.5 percent for the general population.
Permabear Peter Schiff of Euro Pacific Capital says forget about the word "patient," the Fed is more likely to start QE4 than raise rates.
The rate is one-fifth of a point below the January 2014 rate of 4.4 percent, Iowa Workforce Development said. In January, Iowa listed 1,645,000 people as employed, up by 3,000 since December and 28,600 since January 2014. The report also shows Iowa added 3,100 nonfarm jobs from December to January, raising the state's total nonfarm employment to 1,562,200....
The Labor Department said Tuesday that jobless rates were unchanged from December in 18 states and in Washington, D.C.. Unemployment dropped the most from January 2014 in Illinois and in Rhode Island. Employers added jobs in 39 states and reduced them in 10 and in Washington, D.C. California gained 67,300 jobs in January, Ohio rose 25,100 and Michigan added...
Record spare U.S. crude oil supplies put pressure on the Obama administration and Congress to lift the country's ban on oil exports.
RALEIGH, N.C.— North Carolina's jobless rate was 5.4 percent for January, the third month in a row the figure has been relatively flat, according to numbers released Tuesday. "Broadly speaking, I would say that it's suggesting there's a kind of stabilization in the North Carolina labor market," said Queens University of Charlotte economics professor Harry Bowen,...
Ten companies in the Standard & Poor's 50 reported the largest percentage drops in the employee numbers in 2014, USA Today reports.
OTTAWA, March 13- Canada shed 1,000 jobs in February, far fewer than expected, but an increase in the number of people looking for work sent the unemployment rate up to 6.8 percent, data from Statistics Canada showed on Friday. The natural resources sector, which includes oil and gas extraction, cut 16,900 jobs, with most of the losses coming in Alberta and British...
Fmr Rep. Barney Frank joins CNBC's Steve Liesman to discuss stress tests, unemployment and capital.
The number of Americans filing new claims for unemployment benefits fell more than expected, offering signs of a rapidly strengthening labor market.
CNBC's Rick Santelli, breaks down the latest data on unemployment, retail sales and export/import prices. And CNBC's Steve Liesman adds perspective.
Former Deputy Treasury Secretary Roger Altman tells CNBC the unemployment rate, 5.5 percent February, is not the best measure of labor market conditions.
Vasu Menon, VP, Wealth Management Singapore, OCBC, expects the Fed to remain cautious when it comes to increasing interest rates this year, but will likely step on the accelerator in 2016.