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Unemployment

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  • *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...

  • NEW YORK, May 8- The U.S. dollar was mostly little changed against a basket of major currencies on Friday as a mixed U.S. jobs report stoked uncertainty over the health of the U.S. economy and the timing of the Federal Reserve's first interest rate hike. U.S. Labor Department data showed nonfarm payrolls increased 223,000 last month, while the unemployment rate...

  • Economy more like Goldilocks' grandmother : Pro   Friday, 8 May 2015 | 10:05 AM ET
    Economy more like Goldilocks' grandmother : Pro

    Diane Swonk, Mesirow Financial chief economist, and David Kelly, JPMorgan Funds chief global strategist, discuss economic performance and jobs report data. The labor market is like a toddler learning to walk, says Swonk.

  • *Unemployment rate falls to lowest since May 2008. *Microsoft jumps on news it's not pursuing Salesforce. The unemployment rate dropped from 5.5 percent to 5.4 percent, its lowest level since May 2008, despite an increase in the number of people entering the labor market.

  • Rebound: US economy adds 223K jobs in April Friday, 8 May 2015 | 9:09 AM ET
    An auto worker places the mileage sticker onto a 2015 Chevrolet Malibu at GM's Fairfax assembly plant in Kansas City, Kansas May 4, 2015.

    The U.S. economy created 223,000 jobs in April, bouncing back from a sluggish period the first three months of the year.

  • *Unemployment rate falls to lowest since May 2008. May 8- Wall Street futures extended their gains on Friday after data showed U.S. job growth rebounded last month and the unemployment rate dropped, signs of a pick-up in the economy that could keep the Federal Reserve on track to hike interest rates this year. "This is more evidence that the economy is expanding...

  • OTTAWA, May 8- Canada's economy shed 19,700 jobs in April as losses in part-time work offset gains in full-time positions, while the unemployment rate remained at 6.8 percent, Statistics Canada said on Friday. Bank of Canada Governor Stephen Poloz, who has long expressed concern over the sluggish job market, last week forecast the economy would return to full...

  • May 8- U.S. stock index futures extended their gains on Friday after data showed job growth rebounded last month. The U.S. unemployment rate dropped to a near seven-year low of 5.4 percent in April, indicating a pickup in economic momentum that could keep the Federal Reserve on track to hike interest rates this year. Futures snapshot at 8:33 a.m. ET.

  • *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. Nonfarm payrolls increased 223,000 as gains in services sector jobs...

  • WASHINGTON, May 8- U.S. job growth likely rebounded last month and the unemployment rate probably dropped to a near seven-year low, signs of a pick up in economic momentum that could keep the Federal Reserve on track to hike interest rates this year. The Labor Department will release its closely followed employment report at 8:30 a.m. on Friday.

  • US weekly jobless claims rise modestly Thursday, 7 May 2015 | 8:30 AM ET
    A job seeker waits to be interviewed during a job fair at California's Great America theme park in Santa Clara, Calif.

    The number of claims for unemployment benefits rose marginally, staying near a 15-year low in a sign that the labor market continues to strengthen.

  • Initial jobless claims up 3,000 to 265,000   Thursday, 7 May 2015 | 8:30 AM ET
    Initial jobless claims up 3,000 to 265,000

    CNBC's Rick Santelli reports the latest numbers on unemployment.

  • Dems from Venus, GOP from Mars on issues: Poll Sunday, 3 May 2015 | 4:43 PM ET
    Voters wait in line to enter a polling place at the Jamestown Town Hall before the poll opens Nov. 4, 2014, in Jamestown, North Carolina.

    Republicans and Democrats can't even agree on what they believe is the nation's biggest issue.

  • Weekly jobless claims fall to a 15-year low Thursday, 30 Apr 2015 | 8:34 AM ET
    A recruiter speaks with job seekers during a career fair at San Francisco State University earlier this month.

    The number of Americans filing new claims for unemployment benefits dropped sharply, suggesting March's moderation in job growth was an aberration.

  • Here are the odds of a Fed rate hike this year Wednesday, 29 Apr 2015 | 2:54 PM ET
    Federal Reserve Bank Chair Janet Yellen holds a news conference following a meeting of the Federal Open Market Committee at the bank's headquarters March 18, 2015, in Washington.

    Investors upped their bets that the FOMC would hike interest rates this year, according to CME Group data

  • NEW YORK, April 28- A night of arson and looting in Baltimore has shaken the confidence of people running businesses beyond the areas hardest hit. While Baltimore's unemployment rate is higher than the national average and it is lagging in per capita income, the city government's budget is stable, it has a diverse business sector, elite universities and medical...

  • BRASILIA, April 28- Brazil's jobless rate rose to a three-year high in March and wages fell at the sharpest pace in more than a decade, data showed on Tuesday, as the economy headed into a likely recession. The unemployment rate in Brazil's six largest cities rose to 6.2 percent in March from 5.9 percent in the previous month- the highest in three years, statistics...

  • Older workers: Good or bad for business? Monday, 27 Apr 2015 | 9:07 AM ET
    older workforce

    The workforce is graying, and a new study says that's a good thing. Think experience, loyalty, and more.

  • BEIJING, April 24- China's urban unemployment rate ticked down to 4.05 percent at the end of March from 4.1 percent at the end of 2014, the labour ministry said on Friday. The urban unemployment rate hovered between 4 percent and 4.5 percent in the last decade, even during the global financial crisis, partly because it does not account for China's 298 million...

  • China says unemployment rate at 4.05 pct at end Q1 Thursday, 23 Apr 2015 | 10:17 PM ET

    BEIJING, April 24- China's urban unemployment rate ticked down slightly to 4.05 percent at the end of March from 4.1 percent at the end of 2014, the labor ministry said on Friday.