SINTRA, Portugal— What's behind Europe's sluggish recovery and high jobless rate? The European Central Bank convened some of the world's most prominent economists Thursday through Saturday to probe those questions at the Penha Longa golf resort set amid steep, densely forested hills near the town of Sintra, Portugal, near the Atlantic Ocean.» Read More
The U.K. is facing a “recruitment black hole” and is making long-term economic challenges worse by not finding jobs for older workers, a new study says.
And some are striking a sympathetic tone with lower-income workers in a way that contrasts with four years ago when Mitt Romney struggled to overcome perceptions that he was largely the candidate of the wealthiest Americans. Then, Republican nominee Romney had the luxury of being able to hammer President Barack Obama with an unemployment rate of more than 8...
*UK unemployment rate falls to 5.6 pct. LONDON, April 17- Britain's economy created the largest number of new jobs in nearly a year and unemployment hit its lowest rate since mid-2008, official labor market data showed on Friday, the last such report before a closely fought election on May 7. The opposition Labor Party stressed the slow pace of Britain's recovery in...
The Office for National Statistics said the number of people in employment rose by 248,000 in the three months to February, in a key release ahead of the general election.
Amid a slowing economy and wobbly market, investors have tamped down expectations for when the Fed will hike rates. They may have further to go.
The number of Americans filing new claims for jobless benefits unexpectedly rose, but the trend continued to point to a strengthening labor market.
CNBC's Rick Santelli reports on this week's unemployment numbers and the latest data on housing starts.
Richmond Fed's Lacker said the current 5.5 percent unemployment rate was well within range of what would be considered the natural rate.
While the jobs data for March came as a relief, Australian markets will likely still be worried over the rout in commodity prices, says David Greene, head of Dealing at AFEX Australia.
Joe Hockey, Treasurer of Australia, says a weaker Aussie dollar is helping exporters and even with unemployment at 6.3 percent, the country is seeing strong job advertisements.
WASHINGTON STATE SAYS MARCH UNEMPLOYMENT RATE 5.9 PCT, DOWN FROM 6.3 PCT IN FEBRUARY AND YEAR EARLIER.
BEIJING, April 15- China's economy faces downward pressure but growth is within a reasonable range, the spokesman of the statistics bureau said on Wednesday after data showed economic expansion slid to a six-year low between January and March. Sheng Laiyun told a news conference that China's survey-based unemployment rate stood at 5.1 percent, without...
Dr. Ron Paul discusses why the next financial crisis could be on the horizon.
More Americans sought unemployment benefits, though applications for jobless aid remain low, a reassuring sign after hiring slowed last month.
It's a little worse than expected, says Jim Iuorio of TJM Institutional Services, providing perspective on the latest unemployment numbers.
Following Friday's jobs report, Tom Gimbel, LaSalle Network president and CEO, expresses concern about the future of hiring and wages.
A lease has been signed in Brooklyn Heights for office space expected to be the headquarters of Clinton's 2016 White House bid, MSNBC reports.
WASHINGTON, April 3- U.S. employers added the fewest number of jobs in more than a year in March, which could heighten concerns over the recent slowdown in economic growth and delay an anticipated interest rate increase by the Federal Reserve. Nonfarm payrolls rose 126,000 last month, the smallest gain since December 2013, the Labor Department said on Friday.
The sputtering U.S. economy created just 126,000 jobs in March as bad weather, weak consumer spending and flailing corporate profits resulted in the worst report since 2013.
*Payroll gains smallest since December 2013. WASHINGTON, April 3- U.S. employers added the fewest jobs in more than a year in March amid signs the economy was starting to take strain from a strong dollar and lower oil prices, which could delay an anticipated interest rate increase from the Federal Reserve. Nonfarm payrolls increased 126,000 last month, the...