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Unemployment

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  • TRENTON, N.J.— The state Labor and Workforce Development Department says New Jersey lost 400 jobs in December, but the unemployment rate dropped to 6.2 percent from 6.4 percent in November. The unemployment rate has fallen 1 percentage point since December 2013 and is down 3.5 percentage points from December 2009. Chris Christie highlighted the falling rate in...

  • Spain: Unemployment stuck at 23.7 percent in Q4 Thursday, 22 Jan 2015 | 11:27 AM ET

    MADRID— Spain's unemployment rate remained stuck at 23.7 percent in the fourth quarter ending in December compared with the previous three-month period, marking an end to a series of joblessness rate declines throughout 2014, the government's statistics agency said Thursday. The National Statistics Institute put the total number of unemployed at a...

  • Massachusetts gains jobs, unemployment rate falls Thursday, 22 Jan 2015 | 10:58 AM ET

    BOSTON— Massachusetts gained nearly 11,000 jobs and its unemployment rate dropped three-tenths of a percentage point to 5.5 percent in December, the final month of former Gov. Deval Patrick's administration, the state office of Labor and Workforce Development said Thursday. Preliminary estimates from the federal Bureau of Labor Statistics show...

  • Why unemployment is still an issue  Thursday, 22 Jan 2015 | 10:45 AM ET

    At Davos, Guy Ryder, secretary general at ILO, talks about why unemployment is still a problem seven years after the global financial crisis.

  • US jobless claims fall from 7-month high Thursday, 22 Jan 2015 | 8:31 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 fell last week from a seven-month high.

  • Europe job recovery will be 'slow': Manpower Group  Thursday, 22 Jan 2015 | 1:15 AM ET

    Jonas Prising, CEO of Manpower Group, tells CNBC at Davos that job recovery in Europe will be a "long and slow process".

  • State's jobless rate off 0.4 points to 6.3 percent Wednesday, 21 Jan 2015 | 2:49 PM ET

    LANSING, Mich.— Michigan's seasonally adjusted unemployment rate continued its rapid decline last month, falling 0.4 percentage points to 6.3 percent and its lowest level in 12 years, the state said Wednesday. Michigan's unemployment rate is still higher than the national average, which fell 0.2 points to 5.6 percent in December. "Michigan continued to display...

  • Austerity does not work: UNI Global Union  Wednesday, 21 Jan 2015 | 1:45 AM ET

    Speaking at the World Economic Forum in Davos, Philip Jennings, general secretary at UNI Global Union, says there have been "humanitarian consequences" of the austerity measures in the euro zone.

  • China's survey-based jobless rate at 5.1 pct in 2014 Monday, 19 Jan 2015 | 10:06 PM ET

    BEIJING, Jan 20- One of China's official measures of its unemployment rate, also known as the survey-based unemployment rate, stood at 5.1 percent in 2014, the Chinese statistics bureau said on Tuesday. The comment followed data that showed the world's second-largest economy grew 7.3 percent in the fourth quarter, a rate that was near a six-year low.

  • SAN FRANCISCO, Jan 16- The Federal Reserve is still on track for a potential mid-year interest-rate increase, a top Fed official said on Friday, citing strong U.S. economic momentum and a falling unemployment rate. "There is no need to rush to raise rates; at the same time we want to make sure that we appropriately act in a way that we don't get behind the curve," San...

  • US consumer prices post biggest drop in 6 years Friday, 16 Jan 2015 | 8:30 AM ET
    A woman shops for groceries in Chicago, Illinois.

    It was the weakest year-on-year reading since October 2009, and followed a 1.3 percent rise in November.

  • US jobs: No sign of slowing  Friday, 16 Jan 2015 | 5:30 AM ET

    After last week's U.S. nonfarm payrolls data, Jim O'Sullivan, chief U.S. economist at High Frequency Economics, discusses how significant the wage decline in America is.

  • US jobless claims rise to 4-month high Thursday, 15 Jan 2015 | 8:30 AM ET
    A job seeker talks to a potential employer during a Princeton Area Chamber of Commerce job fair in Princeton, Illinois, Jan. 5, 2015.

    The number of Americans filing new claims for unemployment benefits last week increased to the highest level since early September.

  • Shiller: Oil prices could shift market psychology Wednesday, 14 Jan 2015 | 7:59 AM ET
    Robert Shiller, Yale University Professor of Economics, co-founder of Case-Shiller Index

    But Nobel-winning economist Robert Shiller says it's difficult to predict how oil prices will ultimately affect how Americans think about the economy.

  • Healthcare impacts wages: Goolsbee  Tuesday, 13 Jan 2015 | 4:17 PM ET

    Could wages pick up this year? With Austan Goolsbee, former Chair for Council of Economic Advisers, discusses the correlation between health care costs and wages.

  • US job openings jump to 14-year high Tuesday, 13 Jan 2015 | 11:54 AM ET

    U.S. employers advertised the most job openings in nearly 14 years in November.

  • All eyes on wage growth  Monday, 12 Jan 2015 | 11:00 AM ET

    Job growth rose in December and the unemployment rate dropped, but so did wages.

  • Fed's rate hike to be delayed for longer?  Monday, 12 Jan 2015 | 4:10 AM ET

    Jan Hatzius, chief economist at Goldman Sachs, says that low wage growth in the U.S. is holding down core price inflation, which will delay a U.S. Federal Reserve rate hike beyond June's meeting.

  • Wage drop not the beginning of a trend: Economist Friday, 9 Jan 2015 | 4:33 PM ET
    A We're Hiring sign at a Target store in Mount Kisco, New York.

    The drop in wages is at odds with other wage indicators, JPMorgan's chief U.S. economist, Michael Feroli, told CNBC.

  • How Fed interprets jobs  Friday, 9 Jan 2015 | 2:21 PM ET

    Dissecting strong jobs growth and negative wage growth, with Michael Feroli, JPMorgan chief U.S. economist, and Claude Davis, First Financial Bank President and CEO.