A trade group for the nation's big airlines predicts that air travel over the Labor Day weekend will rise 2 percent from the same holiday last year. Nine leading U.S. carriers earned $3.8 billion in the first half of this year, allowing them to pay down debt, reward shareholders and order new planes.» Read More
New technology platforms work to connect freelance workers with jobs, reports CNBC's Julia Boorstin.
CHICAGO— Illinois unemployment fell in July to 6.8 percent, the fifth straight monthly decrease in the state's jobless rate and a six-year low, according to figures released Thursday by the state Department of Employment Security. Illinois state officials celebrated the news on Thursday, which Gov. Pat Quinn called a "momentous" day.
TRENTON, N.J.— New Jersey's unemployment rate edged down one-tenth of a percent in July to 6.5 percent, but still remains above the national average of 6.2 percent. The report released Thursday by the state Labor Department and based on data collected by the U.S. Bureau of Labor Statistics shows private sector employers added 8,500 jobs during the month.
Instead of volunteering and building their resumes to nab a spot at a top university, some high school grads are taking full-time jobs. The Fiscal Times reports.
NEW YORK, Aug 14- The dollar weakened broadly on Thursday, falling after three straight days of gains, on yet another piece of data suggesting a bumpy recovery for the U.S. economy.
BOSTON— The Massachusetts unemployment rate crept up to 5.6 percent last month even though the state added almost 14,000 new jobs. The Executive Office of Labor and Workforce Development announced Thursday that with July's job additions, the state has added more than 67,000 jobs since July 2013.
*Weekly jobless claims rise 21,000. WASHINGTON, Aug 14- The number of Americans filing new claims for unemployment benefits rose more than expected last week, but will probably do little to change views that the labor market was strengthening.
Weekly applications for unemployment aid climbed 21,000 to a seasonally adjusted 311,000, the Labor Department said Thursday. "Stepping back from the weekly volatility," said Jennifer Lee, senior economist at BMO Capital Markets, "the trend is still very encouraging and points to continued job growth."
WASHINGTON, Aug 14- The number of Americans filing new claims for unemployment benefits rose more than expected last week, but will probably do little to change views that the labor market was strengthening.
*Cisco shares down in premarket after results, outlook. NEW YORK, Aug 14- U.S. stock index futures edged higher on Thursday, with investors reluctant to make big bets following a sharp rally in the previous session and amid signs of weak conditions in Europe. *Cisco Systems Inc fell 1.3 percent to $24.87 in premarket trading.
WASHINGTON— The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week. BETTER JOBS PICTURE: Employers in June advertised the most monthly job openings in more than 13 years, the Labor Department reported Tuesday.
ATLANTA— State labor officials say Georgia's unemployment rate has risen to 7.8 percent. The Georgia Department of Labor on Thursday announced the new jobless figure, which is up from 7.4 percent in June. State Labor Commissioner Mark Butler said the increase is mostly due to temporary, seasonal layoffs in local government and manufacturing.
LANSING, Mich.— The state says Michigan's seasonally adjusted unemployment rate rose 0.2 percentage points to 7.7 percent in the latest month. The Michigan Department of Technology, Management& Budget released the July employment report Wednesday. The state says that Michigan's civilian labor force remained stable at 4.744 million in July.
TORONTO, Aug 12- The July version of Canada's market-moving jobs report contained an error and must be restated, the country's main statistics agency said on Tuesday, pointing to the latest in a series of mistakes that have damaged its reputation in recent years.
PORTLAND, Ore.— The state Employment Department says Oregon's jobless rate was 6.9 percent in July, up from 6.8 percent the month before. The agency says employers added 200 jobs in July, following a revised loss of 3,000 jobs in June. Though the unemployment rate inched higher last month, it is down from 8 percent in July of last year and 8.7 percent in July 2012.
In July 2013, the seasonally adjusted rate for New Hampshire was 5.2 percent. Nationally, the seasonally adjusted unemployment rate for July was 6.2 percent, an increase of 0.1 percentage point from June, and a decrease of 1.1 percentage points from the July 2013 rate.
Well, there you have it—evidence straight from the government that Marissa Mayer was right about telecommuting!, says Jake Novak.
WASHINGTON— U.S. employers in June advertised the most monthly job openings in more than 13 years. Employers posted 4.67 million jobs in June, up 2.1 percent from May's total of 4.58 million, the Labor Department reported Tuesday.
CNBC's Rick Santelli reports the latest JOLTS data.
A new generation are struggling to build lives from the ashes of industrial America, decades after major factories have shut their doors.