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..» Read More
One small-business owner told CNBC his biggest issue is finding people to hire.
*Payrolls data weaker than expected. NEW YORK, Sept 5- U.S. stocks ended higher on Friday, lifting the S&P 500 to a fresh closing high, after a weaker-than-expected jobs report was taken as a sign that the Federal Reserve will not begin raising interest rates anytime soon.
*Brent crude slips below $101, data suggests slower growth. NEW YORK, Sept 5- The dollar slipped against the euro and global equity markets rebounded on Friday after data showed U.S. jobs growth slowed in August, raising the prospect that interest rates will stay low longer than investors had expected.
Dissecting August's weak jobs report, with Gary Burnison, Korn/Ferry International CEO, and Tom Gimbel, LaSalle Network CEO.
*Ukraine, pro-Russian rebels agree to ceasefire. NEW YORK, Sept 5- Crude oil futures fell on Friday and ended the week more than 2 percent lower as disappointing jobs data from the United States cast doubt about the strength of economic growth in the world's biggest oil consuming economy.
*News of ceasefire in Ukraine stems dollar's fall. NEW YORK, Sept 5- The dollar slipped on Friday after data showed U.S. employers added the fewest jobs in eight months, eroding confidence in the economy and reviving bets that the Federal Reserve might leave interest rates near zero for longer than anticipated.
CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories.
Some cities are now changing school dismissal times to accommodate working families. Naomi Schaefer Riley, author and New York Post columnist, thinks the hours are set to suit students and bus drivers, not families.
*Traders see first Fed hike in July 2015. NEW YORK, Sept 5- Benchmark U.S. "This means that the U.S. economy is still in healing mode," said Putri Pasqualy, managing director and senior credit strategist at Pacific Alternative Asset Management Company in Irvine, California.
CNBC.com Finance Editor Jeff Cox breaks down the good and bad numbers from Friday's lackluster and "noisy" jobs report.
*Ukraine, pro-Russian rebels agree to ceasefire. "U.S. economic growth was supposed to counter the slowing in China and Europe and the payrolls report threw a little cold water on that idea," said Gene McGillian, analyst at Tradition Energy in Stamford, Connecticut.
WASHINGTON, Sept 5- U.S. employers hired the fewest number of workers in eight months in August and more Americans gave up the hunt for jobs, providing a cautious Federal Reserve with more reasons to wait longer before raising interest rates. Nonfarm payrolls increased 142,000 last month after expanding by 212,000 in July, the Labor Department said on Friday.
*Ukraine, pro-Russian rebels agree to ceasefire. NEW YORK, Sept 5- Crude oil futures fell on Friday, heading for weekly losses as disappointing jobs data from the United States suggested economic growth may not be as robust in the world's biggest oil consuming economy.
*News of ceasefire in Ukraine stems dollar's fall. NEW YORK, Sept 5- The dollar fell on Friday after data showed U.S. employers added the fewest jobs in eight months, eroding some confidence in the domestic economy and reviving bets that the Federal Reserve might leave interest rates near zero for longer than anticipated.
*Traders see first Fed hike in July 2015. NEW YORK, Sept 5- Benchmark U.S. Non-farm payrolls rose just 142,000 last month, far below expectations of 225,000, the Labor Department said on Friday.
OTTAWA, Sept 5- The Canadian economy unexpectedly lost 11,000 jobs in August from July, and the number of private-sector employees fell sharply in another sign that the economy is still struggling to regain full speed. Statistics Canada said on Friday that the unemployment rate had remained at 7.0 percent.
Congress needs to pass legislation to change the current tax code, says Harold Ford, Morgan Stanley managing director.
Harold Ford, Morgan Stanley managing director, shares his thoughts on the employment data slump.
Alan Krueger, Princeton economics professor, and Kevin Hassett, American Enterprise Institute, discuss Friday's lower-than-expected employment data. The number next month is going to be well above 200,000, predicts Hassett.
These numbers are not consistent and will be revised higher, says Mark Zandi, Moody's Analytics chief economist, discussing August's employment report.