The Philly Fed president is the latest central banker to suggest that weakness in the labor market is only temporary.» Read More
Overweight workers cost their bosses more in injury claims than their lean colleagues, suggests a study that found the heaviest employees had twice the rate of workers' compensation claims as their fit co-workers. Obesity experts said they hope the study will convince employers to invest in programs to help fight obesity. One employment attorney warned companies that treating fat workers differently could lead to discrimination complaints.
Five brokers from Fimat USA's energy risk management group have moved to Man Financial, a spokesman from Man Financial confirmed today.
A new study says that ethanol may do more harm than good. On “Morning Call,” the study’s author, Mark Jacobson, associate professor of civil and environmental engineering at Stanford University, joined Brooke Coleman, director of the Renewable Energy Action Project, to debate whether ethanol could be more harmful to your health and to the planet than gasoline.
The sick man of Europe is feeling much better, with investor and business sentiment in Germany's economy soaring for the fifth month in a row, according to a survey released Tuesday.
Clusters of migrant workers mount the train's crowded carriages, leaving their families and filing across the border to work at jobs more plentiful and lucrative than at home.
The IntercontinentalExchange laid off about 60 New York Board of Trade employees to reduce staff following the merger of the two exchanges, and no further cuts were expected, an ICE spokeswoman said today.
U.S. import prices jumped a larger-than-expected 1.7% in March as petroleum prices rose sharply. Jobless Claims rose 19,000 to 342,000 --more than predicted.
Australia's jobless rate fell to three-decade lows in March while employers took on more full-time workers in a sign of underlying strength in the economy which may yet require a restraining rise in interest rates.
Jim Glassman, senior U.S. economist for JP Morgan Chase, told CNBC’s “Street Signs” that the Federal Reserve’s minutes show concern for growth and inflation.“Inflation concerns aren’t new,” Glassman said Wednesday. “What’s new is the recognition that there are some downside risks to growth. I think the minutes show that (the Fed) is a little more cognizant of the two risks and it’s not just a debate about how much and when to tighten.”
Uncle Sam will release key employment data Friday when the stock market is closed, forcing investors to play catch-up on Monday. CNBC’s Steve Liesman says the market typically trades lower following this odd-ball scenario.
Vince Boberski, an economist at FTN Financial, told CNBC’s “Squawk on the Street” predicted that the Labor Department's March jobs report will reveal that the economy created about 150,000 new jobs in March.
A gauge of U.S. online labor demand rose in March from February, as hirings grew broadly, but year-over-year growth moderated, global online careers and recruiting firm Monster said on Thursday.
Stocks are barely changed ahead of the opening and are likely to trade with some trepidation ahead of a three day holiday weekend. Tomorrow's jobs report is a big point of interest, but stock traders will be home watching their bond market brethren trade the number on a special jobs Friday edition of Squawk Box.
John Challenger, chief executive officer of Challenger, Gray & Christmas, told CNBC’s “Squawk Box” that announced layoffs in March were the lowest since July 2006.“It’s certainly a sign of a very strong job market,” Challenger said Wednesday. “The places were job cuts jumped where in the housing sector, including mortgages, construction and real estate.”
U.S. private employers likely added 106,000 jobs in March, a report by a private employmentservice said. Service sector jobs increased 128,000 while goods-producing jobs fell 22,000.
PepsiCo, the world's No. 2 soft drink company, plans to double its workforce in China over the next half decade as it fights for a larger slice of the growing market, Chief Executive Indra Nooyi said on Tuesday.
Dutch mail company TNT will seek to freeze wages and cut up to 7,000 jobs to help lower costs by 300 million euros ($400 million) as its remaining monopoly is opened to competition next year.
Carrier service is steadily getting much worse, according to the annual Airline Quality Rating Report released Monday. But the solution remains up for debate; so industry analyst Terry Trippler and consumer advocate Kate Hanni took up the issue, on "Morning Call."
Strikers at France's Fos Lavera oil hub are meeting port and Gaz de France officials on Thursday in a fresh bid to find a way out of a 16-day strike threatening fuel supplies to motorists and exports to U.S. markets.
Germany's unemployment rate fell to 9.8% in March from 10.1% the month before, the country's Federal Labor Office said Thursday, a steady decline that reflected the overall upswing in the labor market.