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Unemployment

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  • FRANKFURT, Germany— European Central Bank head Mario Draghi says governments that share the euro currency shouldn't wait for better times to push through reforms that would boost sluggish growth. The jobless rate is 11.3 percent for the 19 European Union member countries that use the euro, and 50 percent for young people in Spain and Greece.

  • Europe has productivity issues: Fed advisor   Friday, 22 May 2015 | 3:20 AM ET
    Europe has productivity issues: Fed advisor

    John Fernald, senior advisor at the Federal Reserve Bank of San Francisco, discusses the long-term decline of productivity among European countries.

  • SAO PAULO/ BRASILIA, May 21- Economic activity in Brazil tumbled in the first quarter and unemployment climbed to a near four-year high, adding to signs of a painful recession that could worsen as President Dilma Rousseff clamps down on spending. In a separate report, statistics agency IBGE said Brazil's unemployment rate climbed to 6.4 percent last month, the...

  • Massachusetts unemployment rate falls to 4.7 percent Thursday, 21 May 2015 | 10:02 AM ET

    BOSTON— Massachusetts gained jobs for an eighth consecutive month in April while the unemployment rate dropped slightly to 4.7 percent, the state office of Labor and Workforce Development said Thursday. The Massachusetts rate has dropped for seven consecutive months and is more than full point lower than in April 2014, when it stood at 5.8 percent.

  • RIO DE JANEIRO, May 21- Brazil's jobless rate rose in April to the highest in nearly four years, adding to signs of a painful recession in Latin America's largest economy. Brazil's non-seasonally adjusted unemployment rate climbed to 6.4 percent last month, the highest since May 2011, statistics agency IBGE said on Thursday. Economists expect Brazil's economy...

  • Jobless claims up; 4-week average lowest since 2000 Thursday, 21 May 2015 | 8:30 AM ET
    A job seeker, left, is interviewed during a job fair at California's Great America theme park in Santa Clara, California.

    The number of Americans filing new claims for unemployment benefits rose slightly more than expected last week.

  • DUBLIN— Ireland's unemployment rate has fallen to 9.8 percent, the first time in six years that joblessness levels can be measured in single digits. Ireland's quarterly economic report published Thursday found that unemployment has declined from 10.1 percent since January. That so-called Celtic Tiger economy collapsed amid worldwide credit troubles in...

  • May 20- Michigan's seasonally adjusted unemployment rate fell to 5.4 percent in April, matching the national jobless rate for the first time since September 2000, Governor Rick Snyder said on Wednesday. Michigan's rate for last month dipped to 5.4 percent from 5.6 percent in March. "Reaching the national average after being dead last has been a priority as we've...

  • Santelli Exchange: Let's ponder a June rate hike   Wednesday, 20 May 2015 | 11:45 AM ET
    Santelli Exchange: Let's ponder a June rate hike

    CNBC's Rick Santelli digs into whether a rate hike by the Fed is really in the cards.

  • US industrial output falls for 5th straight month Friday, 15 May 2015 | 9:15 AM ET
    A mechanic works on a jet engine at General Electric's GE Aviation factory in Cincinnati.

    Industrial production fell for a fifth straight month in April, pointing to a lack of momentum in the economy at the start of the second quarter.

  • New York state manufacturing activity rises in May Friday, 15 May 2015 | 8:30 AM ET
    An employee applies a sealant to sheets for countertops at the IceStone manufacturing facility in Brooklyn, New York.

    Manufacturing activity growth in New York State accelerated in May after weakening for three consecutive months.

  • US jobless claims fall   Thursday, 14 May 2015 | 11:00 AM ET
    US jobless claims fall

    Jobless claims fell last week, putting the four-week average at a 15-year low.

  • US jobless claims fall; 4-week avg at 15-year low Thursday, 14 May 2015 | 8:30 AM ET
    A representative, left, hands a list of employment descriptions to a job seeker during the Choice Career Fair in San Antonio, Texas.

    The lower-than-expected claims number suggests the jobs market is on solid footing, even as the economic recovery continues to struggle.

  • JEFFERSON CITY, Mo.— Missouri's Republican-controlled House voted Tuesday to override the Democratic governor's veto of legislation that would reduce the weeks of available jobless benefits to one of the shortest periods in the nation. Missouri already is one of seven states that offer less than the standard 26 weeks of benefits. The March unemployment rate...

  • Wage growth may be on tap as more Americans quit jobs Tuesday, 12 May 2015 | 11:20 AM ET

    SAN FRANCISCO, May 12- Americans are becoming more apt to quit their jobs, a government report showed on Tuesday, a sign that a stronger labor market and falling unemployment rate could result in healthier wage growth and inflation. The three-month quit rate for non-government jobs rose to 6.6 percent, the report showed, the highest since the second quarter of...

  • Are stocks overvalued?   Monday, 11 May 2015 | 8:19 AM ET
    Are stocks overvalued?

    Charles Rotblut, American Association of Individual Investors, discusses the state of the retail investor and U.S. economy.

  • *Average hourly earnings rise three cents. WASHINGTON, May 8- U.S. job growth rebounded last month and the unemployment rate dropped to a near seven-year low of 5.4 percent, suggesting underlying strength in the economy at the start of the second quarter that could keep alive prospects for a Federal Reserve rate hike later this year. "We see this report as reducing...

  • Unemployment Amazon's fault?   Friday, 8 May 2015 | 4:15 PM ET
    Unemployment Amazon's fault?

    Discussing whether companies like Amazon are to blame for unemployment, with Gene Marks, The Marks Group PC, and "Shark Tank" investor Kevin O'Leary.

  • Pres. Obama: 3 Million new jobs in last 12 months

    President Obama spoke on job creation at the Nike headquarters. Marc Morial, National Urban League CEO, and Republican strategist Joe Watkins, share their reaction to April's nonfarm jobs data.

  • *Average hourly earnings rise three cents. WASHINGTON, May 8- U.S. job growth rebounded last month and the unemployment rate dropped to a near seven-year low of 5.4 percent, signs of a pick-up in economic momentum that could keep the Federal Reserve on track to hike interest rates this year. "We see this report as reducing concerns that weak first-quarter growth...