WASHINGTON— Labor Secretary Thomas Perez issued a final rule on Wednesday raising the minimum wage for employees of federal contractors to $10.10 an hour. The Labor Department said nearly 200,000 American workers will benefit from the new minimum, which takes effect Jan 1. Obama has proposed the higher pay level for all workers, but that has drawn resistance...» Read More
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.
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.
IBM's memo to select staff forcing them to take a pay cut and retrain may seem harsh but it makes sense for investors, this hedge-fund manager says.
NEW YORK, Sept 18- The dollar rose to a more than six-year peak against the yen on Thursday, after data showed U.S. jobless claims fell more than expected last week, reinforcing the market's view that U.S. interest rates will rise sooner rather than later.
CNBC's Rick Santelli reports the September read on the Phill Fed Index.
*Jobless claims fell 36,000 last week. WASHINGTON, Sept 18- The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting that a sharp slowdown in job growth last month was probably an aberration.
The U.S. will train at least 50,000 veterans to become solar panel installers in the next six years, the White House said Thursday.
Laurent Freixe, CEO of Nestle Europe, says youth unemployment is one of the worst parts of the euro zone crisis and discusses how companies can employ more people.
IBM is reportedly cutting the pay of employees who need training.
DRUMMONDVILLE, Quebec, Sept 16- Recent Canadian economic data has been encouraging, particularly on exports, Bank of Canada Governor Stephen Poloz said on Tuesday, but he pointed to a substantial amount of slack in the job market.
Wal-Mart spokesman David Tovar resigned after a background check found he had not received his degree from the University of Delaware. William George, Harvard Business School professor, discusses why people feel pressure to have a good looking resume.
Larry Bossidy, former Honeywell chairman & CEO, explains why he thinks the U.S. can do more to create private sector jobs.
OTTAWA, Sept 15- Canada's anemic job market poses "significant challenges," Prime Minister Stephen Harper acknowledged on Monday, while promising new measures this year to help boost the economy. Canada's unemployment rate was 7 percent in August.
CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories.
Jason Furman, Council of Economic Advisers, discusses the economic impact of raising the minimum wage.
China is home to a deep pool of human capital, but an intensifying war for talent between multinationals could threaten their growth potential.