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Employment

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  • WASHINGTON— The modest raises that Wal-Mart has said it will give its lowest-paid workers provide a glimmer of hope for lower-wage workers in other companies and industries. Wal-Mart's move follows a sustained campaign for higher wages by some of the company's employees and a nationwide debate over whether to raise the federal minimum wage.

  • $9 an hour: Pressure for franchises to hike wages Friday, 20 Feb 2015 | 11:07 AM ET
    An employee arranges frozen turkeys displayed for sale at a Walmart Store in Los Angeles.

    With Wal-Mart raising the entry-level wage for workers to $9 an hour, pressure is mounting for other private employers to follow suit.

  • Yahoo's Mayer: Seeing growth in total revenue & share  Thursday, 19 Feb 2015 | 4:18 PM ET

    CNBC's Josh Lipton reports on the push for mobile at Marissa Mayer's mobile developer conference. Insight, with Mashable's Lance Ulanoff.

  • Wal-mart bump a boost to economy?  Thursday, 19 Feb 2015 | 4:18 PM ET

    Is wage inflation taking hold in the U.S.? Insight, with CNBC.com Finance Editor Jeff Cox and the "Closing Bell" panel.

  • WASHINGTON, Feb 19- The number of Americans filing new claims for unemployment benefits fell more than expected last week, offering fresh evidence that the labor market was gathering steam. Initial claims for state unemployment benefits dropped 21,000 to a seasonally adjusted 283,000 for the week ended Feb. 14, the Labor Department said on Thursday.

  • U.S. jobless claims fall more than expected Thursday, 19 Feb 2015 | 8:30 AM ET

    WASHINGTON, Feb 19- The number of Americans filing new claims for unemployment benefits fell more than expected last week, offering fresh evidence that the labor market was gathering steam. Initial claims for state unemployment benefits dropped 21,000 to a seasonally adjusted 283,000 for the week ended Feb. 14, the Labor Department said on Thursday.

  • Applications for US unemployment aid plummet to 283,000 Thursday, 19 Feb 2015 | 8:30 AM ET

    WASHINGTON— The number of Americans seeking unemployment benefits fell sharply last week, a sign that a recent string of strong job gains may continue. Weekly applications for unemployment aid dropped 21,000 last week to a seasonally adjusted 283,000, the Labor Department said Thursday. Jennifer Lee, an economist at BMO Capital Markets, said that before then,...

  • WASHINGTON— The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week. The report will be released Thursday at 8:30 a.m. Eastern. SOLID DROP: Economists forecast that weekly applications fell 14,000 to a seasonally adjusted 290,000, according to a survey by the data firm FactSet.

  • GfK Poll: Most Americans favor a higher minimum wage Thursday, 19 Feb 2015 | 3:10 AM ET

    WASHINGTON— Most Americans support increasing the minimum wage, as well as requiring employers to provide paid sick leave and parental leave, according to a new Associated Press-GfK poll. All three were proposed by President Barack Obama during his recent State of the Union address as ways to increase protections for American workers. But the poll also found...

  • LONDON, Feb 18- British pay growth outstripped a dwindling inflation rate by the widest margin since before the financial crisis in December, several measures of earnings showed, giving many households a boost ahead of elections in May. The Office for National Statistics also said on Wednesday that the unemployment rate unexpectedly fell to 5.7 percent, its...

  • LONDON, Feb 18- Sterling rose towards seven-year highs against the euro while gilt futures fell on Wednesday after data showed British pay growth far outstripped inflation in December and the jobless rate fell. The Office for National Statistics also said Britain's unemployment rate fell to 5.7 percent, its lowest level in more than six years.

  • Could LinkedIn be hurting your career?  Tuesday, 17 Feb 2015 | 8:14 AM ET

    When looking for a new job, beware of the social media Catch 22! Here's what you should know.

  • The Week Ahead: 2015 Fashion Week  Friday, 13 Feb 2015 | 4:02 PM ET

    CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories.

  • I get paid to be a heli-ski helicopter pilot Thursday, 12 Feb 2015 | 10:50 AM ET
    Robert Gallagher at work as a heli-ski helicopter pilot.

    Robert Gallagher’s office is the cockpit of a helicopter. His company, Coldstream Helicopters, gets paid to fly heli-skiers to places of untracked snow.

  • WRAPUP 2-U.S. retail sales weak; jobless claims jump Thursday, 12 Feb 2015 | 10:26 AM ET

    WASHINGTON, Feb 12- U.S. consumer spending barely rose in January as households cut back on purchases of a range of goods, suggesting the economy started the first quarter on a softer note. The Commerce Department said on Thursday retail sales excluding automobiles, gasoline, building materials and food services edged up 0.1 percent last month after a 0.3...

  • WASHINGTON, Feb 12- The number of Americans filing new claims for unemployment rose more than expected last week, but the underlying trend remained consistent with a strengthening labor market. Initial claims for state unemployment benefits increased 25,000 to a seasonally adjusted 304,000 for the week ended Feb. 7, the Labor Department said on Thursday.

  • Changing the way WeWork: CEO  Thursday, 12 Feb 2015 | 7:41 AM ET

    Adam Neumann, WeWork co-founder & CEO, explains how his office rental startup is disrupting the workplace.

  • Job boost = homeownership?  Wednesday, 11 Feb 2015 | 1:38 PM ET

    CNBC's Diana Olick looks at whether increasing employment means homeownership growth.

  • Target hit by layoffs as Canada winds down Wednesday, 11 Feb 2015 | 11:56 AM ET
    Customers arrive at a Target store in St. Albert, Alberta, January 15, 2015.

    Target plans to lay off about 720 people as the retailer winds down its operations in Canada.

  • Private equity firms scramble to hire young bankers Wednesday, 11 Feb 2015 | 7:29 AM ET

    They are only in their 20s, but some Wall Street bankers are the most sought-after around, with lucrative pay packages dangling before them.