CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories, including Alibaba's first full week of trading on the NYSE.» Read More
JACKSON, Miss.— Mississippi no longer has the highest unemployment rate in the nation in August, according to figures released Friday by the U.S. Labor Department. The Mississippi unemployment rate fell to 7.9 percent in August, breaking a string of three straight monthly increases. That's compared to 8 percent in July and 8.6 percent in August 2013.
RICHMOND, Va.— The Virginia Employment Commission says the state's jobless rate rose to 5.6 percent in August. Virginia's jobless rate has increased for the past four months. The Labor Department says unemployment rates rose in 24 states and Washington, D.C., fell in 15 and was unchanged in 11 states.
AUGUSTA, Maine— Maine's unemployment rate ticked up slightly in August to 5.6 percent. Maine's unemployment rate remains below the national average of 6.1 percent and the New England average of 5.9 percent.
MONTPELIER, Vt.— The Vermont Department of Labor says the state's unemployment rate is up four-tenths of one percent to 4.1 percent, the third increase in three months. Labor Commissioner Annie Noonan says at 4.1 percent, Vermont's unemployment rate is well below the national average of 6.1 percent.
The Labor Department says unemployment increased in 24 states, fell in 15 and was unchanged in 11. Hiring picked up in 35 states, while it fell in 15.. Georgia's unemployment rate jumped to 8.1 percent from 7.7 percent in July to the highest among all the states. Previously, Nevada, Michigan and Rhode Island have had the highest.
INDIANAPOLIS— Indiana's unemployment rate declined for the first time in four months during August, dropping slightly to 5.8 percent. Figures released Friday by the state Department of Workforce Development show Indiana's jobless mark fell one-tenth of a percentage point last month from July's rate.
LINCOLN, Neb.— Nebraska's preliminary unemployment rate held steady at 3.6 percent in August but registered four-tenths of a point under the rate a year ago, the Nebraska Labor Department said Friday. South Dakota had the nation's lowest rate last month— 2.8 percent— and Nebraska's 3.6 percent was matched by South Dakota and Utah, the U.S. Labor Department said.
LAS VEGAS— Nevada's unemployment rate ticked down last month to its lowest level in six years, helped by rebounds in the construction and business services industries, state officials said.
MONTGOMERY, Ala.— Alabama's unemployment rate decreased slightly in August to 6.9 percent, but remained above last year's rate for last month. Robert Bentley announced Alabama recorded 6.9 percent in August, compared to 7.0 percent in July and 6.5 percent in August 2013.
COLUMBIA, S.C.— South Carolina's unemployment rate rose again in August to 6.4 percent, putting the state above the national jobless rate, according to labor data released Friday. South Carolina's revised July rate was 5.8 percent, after being 5.3 percent since April.
COLUMBUS, Ohio— Ohio's unemployment rate for August was unchanged from the previous month, according to state statistics released Friday. That figure was up from the Ohio's seasonally adjusted rate for May and June, which was 5.5 percent.
ALBANY, N.Y.— New York's labor department reports the state total of private sector jobs increased by 3,900 in August. State officials say the 0.1 percent gain raises New York's overall job count to a record of 7,605,000..
Target will hire 70,000 seasonal workers this holiday, Wal-Mart 60,000 and J.C. Penney 35,000.
Christmas season retail hiring is expected to significantly outpace the level seen in 2013.
NEW YORK— The U.S. stock market closed at record highs on Thursday following another piece of good news on the economy. Fewer Americans filed first-time claims for unemployment benefits last week, according to the Labor Department. That came a day after the Federal Reserve on Wednesday made clear it would keep interest rates near zero for a while.
NEW YORK— The U.S. stock market is closing at record highs following another piece of good news on the economy. The Standard& Poor's 500 index rose nine points, or 0.5 percent, to close at a record 2,011 on Thursday. Fewer Americans filed first-time claims for unemployment benefits last week, according to the Labor Department.
A new survey from Mashable finds nearly 10 percent of Americans admit to smoking pot before heading into the office. CNBC's Kate Rogers shares the difficulties in testing employees.
TRENTON, N.J.— New Jersey's unemployment rate rose a tick in August to 6.6 percent as more people looked for work and the number of people with jobs dropped slightly. The state Labor Department released its preliminary monthly report Thursday. New Jersey's unemployment rate remains above the national rate of 6.1 percent.
ST. LOUIS— Illinois' unemployment fell in August to 6.7 percent, the sixth straight monthly decrease in the state's jobless rate, the Illinois Department of Employment Security said Thursday. Pat Quinn and his Republican challenger, Bruce Rauner.
ST. PAUL, Minn.— Minnesota has gained 6,100 jobs in August, driving down the state's unemployment rate to 4.3 percent. The Department of Employment and Economic Development numbers show construction and business services jobs were responsible for more than 80 percent of August's job gains.