More than a dozen categories of jobs are exempt from the minimum, currently $7.25 an hour. Tom Harkin, D- Iowa, would gradually raise the minimum to $10.10 by 2016. The Congressional Budget Office estimates it would mean higher earnings for 16.5 million workers— but also would cost 500,000 others their jobs.» Read More
NEW YORK— Federal Reserve Chair Janet Yellen said Wednesday that the U.S. job market still needs help from the Fed and that the central bank must remain intent on adjusting its policy to respond to unforeseen challenges.
President Barack Obama and Vice President Joe Biden are hitting the road to trumpet $600 million in new competitive grants to spur job creation.
LONDON— Britain's unemployment rate has fallen below 7 percent for the first time in five years, with earnings growth narrowly outstripping inflation for the first time since 2010.. The Office for National Statistics said Wednesday that 2.24 million people were unemployed in the three months to February, a rate of 6.9 percent.
Michael Sneyd, foreign exchange analyst at BNP Paribas, says the U.K. jobless figure is positive for the economy and sterling and advises playing the currency against the euro.
The Kentucky Office of Employment and Training says Woodford County's annual jobless rate last year was the state's lowest, at 6.1 percent, up from 6 percent in 2012. Leslie County had the highest rate in 2013 at 17.7 percent, up from 14.1 percent a year earlier.
WorkForce West Virginia reported Tuesday that the number of unemployed state residents rose by 1,200 in March to a total of 48,500 statewide. The West Virginia rate is less than the national rate of 6.7 percent. Employment gains in West Virginia were recorded in logging, construction and manufacturing.
SALEM, Ore.— Oregon state economists say March saw the largest one-month increase in jobs since well before the Great Recession. The news came Tuesday in the monthly report on jobs and joblessness.
BRASILIA, April 15- Brazil's growing prosperity is allowing teenagers to stay in school for longer instead of searching for jobs to support their families, boosting the country's long-term prospects but also causing some economic headaches.
In March 2013, the seasonally adjusted rate for New Hampshire was 5.3 percent. Nationally, the seasonally adjusted unemployment rate for March was 6.7 percent, unchanged from the February rate, and a decrease of. 08 percentage points from the March 2013 rate.
On the best jobs list, STEM careers dominate—High-five, math and science guys!—and the worst can be summed up in one word: Timber!
As Sweden tests out a six hour work day, the Asia Squawk Box team discusses if it could ever work in Asia.
SEATTLE— A group seeking a $15 an hour minimum wage filed paperwork Monday for a voter measure that would amend the Seattle charter, a move aiming to increase pressure on Mayor Ed Murray and the City Council to pass an increase without exemptions or delays. The group is pursuing a city charter amendment so it could not be changed by the City Council at a later time.
NEW YORK, April 14- U.S. consumers grew more confident in the labor market last month, with younger workers in particular seeing a greater chance of finding work should they lose their current job, a survey from the Federal Reserve Bank of New York said on Monday.
ST. PAUL, Minn.— Tens of thousands of Minnesota workers have big raises coming their way, courtesy of a new minimum wage law that Gov. He said he has been stunned by GOP resistance— it passed the Legislature with only Democratic votes— to increasing the guaranteed wage from $6.15 per hour now to $9.50 by 2016 and then tie it to inflation.
ABU DHABI, United Arab Emirates— The United Arab Emirates finance minister said Sunday that officials are finalizing a new law to boost entrepreneurship with broad incentives, part of a wider push to create jobs for a burgeoning young population.
CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. Taxes are due the 15th and the markets close for Good Friday. Earnings begin to roll in, in earnest, and Google will sell you 'glass' for $1,500.
PROVIDENCE, R.I.— New statistics show that Rhode Island job growth in the fourth quarter of 2013 was better than originally estimated. The state Department of Labor and Training said Thursday there were 2,100 more jobs in December than initially reported. Rhode Island's February unemployment rate was 9 percent.
WASHINGTON, April 10- The number of Americans filing new applications for unemployment benefits tumbled last week to the lowest level in nearly seven years, strengthening views of faster job growth.
NEW YORK, April 10- U.S. stocks opened little changed on Thursday as a positive read on weekly jobless claims was offset by some disappointing corporate earnings, including from Bed, Bath& Beyond. The Nasdaq Composite Index was down 4.31 points, or 0.10 percent, at 4,179.59. Shares of Bed, Bath& Beyond fell 5.3 percent to $64.30.
WASHINGTON— Weekly applications for U.S. unemployment benefits dropped 32,000 last week to a seasonally adjusted 300,000. Claims fell to their lowest point since May 2007 _several months before the Great Recession started later that year. Pennsylvania: Down 2,007, due to fewer layoffs in food service and construction.