OLYMPIA, Wash.-- State officials say that an estimated 25,000 unemployed workers in Washington state will lose their benefits at the end of the month.» Read More
WASHINGTON-- The Labor Department reports on the number of people who applied for U.S. unemployment benefits last week. STEADY JOB GAINS: The decline in layoffs has coincided with a pickup in hiring. The Labor Department said Friday that employers added 203,000 jobs last month and the unemployment rate dropped to a five-year low of 7 percent.
A congressional budget proposal fails to extend a program providing federal funds for those who have run out of state benefits.
CARSON CITY, Nev.-- About 17,000 Nevadans will be cut off from unemployment assistance after Dec. 28 under a budget deal worked out by congressional negotiators, which omits continuation of federal jobless benefits implemented at the height of the recession.
AUGUSTA, Maine-- A panel that examined Maine's process for resolving unemployment claim disputes concluded understaffing led to payment delays and that there's no evidence that hearing officers were biased, officials said Tuesday.
BATON ROUGE, La.-- The new leader of the Louisiana Association of Business and Industry said Monday that since he took the job in September, he's heard the same complaint from companies: the state has too few skilled workers to take available jobs.
Ah, the office holiday party. A chance to make or destroy your career. Here are some tips from career coach Marie McIntyre.
Ron Unz, Higher Wages Alliance chairman, says raising the minimum wage to $12 an hour would lift millions of workers out of poverty. Lindsey Piegza, Sterne Agee chief economist, debates Unz's initiative.
WASHINGTON _ Commerce Department releases wholesale trade inventories for October, 10 a.m.. WASHINGTON _ Labor Department releases job openings and labor turnover survey for October, 10 a.m.. WASHINGTON _ Senate Finance Committee hearing on President Barack Obama's nominee to head the Internal Revenue Service, 10 a.m..
The U.S. economy is ready to recover but there's a roadblock, says research director Dan Steinbock.
*Aussie also firmer due in part to strong China trade data. TOKYO/ SYDNEY, Dec 9- The euro raced to a near six-week high against the dollar and scaled a fresh five-year peak versus the yen on Monday after strong U.S. payrolls data boosted risk appetite despite threats of a possible reduction in the U.S. monetary stimulus.
TOKYO, Dec 9- Japan's Nikkei stock average climbed as much as 2 percent on Monday morning, buoyed by a slide in the yen after an upbeat U.S. jobs report raised expectations the Federal Reserve will soon begin unwinding its stimulus.
Age discrimination claims are on the rise as members of the post-World War II baby boom enter their 60s, The New York Times reports.
To raise the minimum wage in his county, one politician asked neighboring counties to join the effort in order to prevent businesses from fleeing.
Robert Reich, former U.S Labor Secretary, and Jim Pethokoukis, The American Enterprise Institute, discuss today's jobs numbers and the economy. Reich says the recovery has some legs.
NEW YORK, Dec 6- U.S. crude oil ended up for a sixth day on Friday in its longest rally since July and gold and many other commodities rose too as stronger-than-expected hiring by American employers in November boosted confidence in the No. 1 economy.
CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories.
Chicago Fed Pres. Charles Evans says he is "open-minded" to a December taper but wants to see a stronger labor market first as economy moves forward.
CHICAGO, Dec 6- With inflation as low as it is, Chicago Fed President Charles Evans told reporters Friday that he "can't imagine" raising the fed funds rate even when unemployment falls to 6.25 percent, below the threshold the Fed has set for considering a rate hike. The fed funds rate is the rate that banks lend cash to each other overnight.
NEW YORK/ LONDON, Dec 6- Gold trimmed gains to end slightly higher on Friday, as better-than-expected U.S. jobs data reinforced fears that the U.S. "Now definitely a lot of people are thinking... more aggressive tapering could be on the table," said Frank McGhee, head precious metals dealer at Chicago commodities brokerage Alliance Financial LLC.
NEW YORK, Dec 6- U.S. stocks jumped on Friday, with the Dow and the S&P 500 snapping a five-day losing streak after a strong jobs report gave traders confidence that the economy was improving. Based on the latest available data, the Dow Jones industrial average shot up 198.69 points, or 1.26 percent, to close unofficially at 16,020.20.