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Employment

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  • Reich: Brace for lower US jobs data in February  Thursday, 5 Mar 2015 | 6:46 PM ET

    Robert Reich, former U.S. Secretary of Labor from 1993-1997, expects a "lower payroll figure" for February given the bad weather in the east coast.

  • SYDNEY, Jan 7- The dollar was in high demand in Asia on Friday as bulls wagered a looming U.S. jobs report would add to the chance of rate hikes there, even as the European Central Bank embarks on a trillion euro campaign of bond-buying. The same balance of risks kept equity investors cautious with MSCI's broadest index of Asia-Pacific shares outside Japan down a...

  • US payrolls: Winter biting best job growth in years Thursday, 5 Mar 2015 | 6:20 PM ET
    Pedestrians pass by a 'help wanted' sign in a restaurant in the Back Bay neighborhood on February 5, 2015 in Boston, Massachusetts.

    Hiring was likely below recent trends and bad winter weather may have crimped some activity in construction, retail and restaurants.

  • SYDNEY, March 6- The dollar hovered at 11- year highs against a basket of major currencies early on Friday and could extend gains if non-farm payrolls due later in the day support the case for a rise in U.S. interest rates in coming months. The dollar index traded at 96.335, having climbed as far as 96.593- a high not seen since September 2003. Much of the move was due to...

  • US jobs are recovering, but wages lag: Pro  Thursday, 5 Mar 2015 | 5:35 PM ET

    While previous jobs reports point to a strong growth trend, wages need to increase more rapidly on a wider basis, says Kathy Bostjancic, director, U.S. Macro Investors Services at Oxford Economics.

  • A robust US job market is expected to keep delivering Thursday, 5 Mar 2015 | 3:47 PM ET

    WASHINGTON— Even after the most vigorous three-month hiring spree in 17 years, U.S. employers are showing few signs of letting up. Job growth for February, to be reported Friday, might not match the furious pace of November through January, when 1 million positions were added. "People are pretty optimistic about the U.S. economy, and they're hiring," said Frank...

  • Factors impacting Feb. jobs  Thursday, 5 Mar 2015 | 3:36 PM ET

    February's jobs data is expected to be released Friday morning. Mark Hamrick, Bankrate.com, and Greg Ip, Wall Street Journal, look at the outlook for employment and the overall U.S. economy.

  • US STOCKS-Wall St up slightly ahead of jobs report Thursday, 5 Mar 2015 | 3:15 PM ET

    *AbbVie to buy Pharmacyclics for about $21 bln. NEW YORK, March 5- U.S. stocks were modestly higher on Thursday after two days of declines as investors held back on big bets ahead of Friday's jobs report, which is expected to be a big factor in influencing the timing of a Federal Reserve interest rate hike. "People are taking a wait-and-see approach ahead of the jobs...

  • Tech 'no poaching' suit could be settled for $415M Thursday, 5 Mar 2015 | 10:34 AM ET

    A judge has tentatively approved a $415 million settlement in a class action suit employee poaching suit. Re/code reports.

  • US jobless claims rise; Q4 productivity revised down Thursday, 5 Mar 2015 | 10:07 AM ET
    A job seeker, left, speaks to a representative during a job fair hosted in Dallas.

    The number of Americans filing new claims for unemployment benefits rose and productivity contracted more sharply than previously thought.

  • *AbbVie to buy Pharmacyclics for about $21 bln. NEW YORK, March 5- U.S. stocks were little changed on Thursday, in the wake of two days of declines on the S&P 500, as gains were curbed by a higher-than-expected initial jobless claims report ahead of a report on factory orders. "That's a bit of an uptick because we've been pretty consistently in the upper 200,000 range,"...

  • NEW YORK, March 5- U.S. stocks opened slightly higher on Thursday, in the wake of two days of declines on the S&P 500, after higher-than-expected initial jobless claims figures and ahead of a report on factory orders.

  • WASHINGTON, March 5- The number of Americans filing new claims for unemployment benefits last week rose to its highest level since May, which could raise concerns about some weakness in the labor market. Initial claims for state unemployment benefits increased by 7,000 to a seasonally adjusted 320,000 for the week ended Feb. 28, the highest reading since...

  • US productivity falls at faster pace, labor costs rise Thursday, 5 Mar 2015 | 8:59 AM ET

    WASHINGTON— U.S. worker productivity was even weaker than first thought from October through December while labor costs rose at a faster rate. Productivity declined at an annual rate of 2.2 percent in the fourth quarter, weaker than the 1.8 percent drop that was estimated a month ago, the Labor Department said Thursday. Labor costs rose at a 4.1 percent rate,...

  • WASHINGTON— The number of people seeking unemployment benefits rose last week to the highest level since May, though the pace of applications remains at a level consistent with steady hiring. Weekly applications rose 7,000 to a seasonally adjusted 320,000, the Labor Department said Thursday. Kentucky said applications for unemployment benefits in that...

  • U.S. jobless claims rise; Q4 productivity revised down Thursday, 5 Mar 2015 | 8:36 AM ET

    WASHINGTON, March 5- The number of Americans filing new claims for unemployment benefits unexpectedly rose last week and nonfarm productivity contracted more sharply than previously thought in the fourth quarter. Initial claims for state unemployment benefits increased by 7,000 to a seasonally adjusted 320,000 for the week ended Feb. 28, the Labor...

  • Employers cut 50,579 jobs in Feb: Challenger Thursday, 5 Mar 2015 | 8:14 AM ET

    Employers cut fewer jobs in February than in January, but total layoffs remained high compared to a year ago as the energy sector slashed positions.

  • Dream jobs: Best places to work  Thursday, 5 Mar 2015 | 7:52 AM ET

    Alan Murray, Fortune editor, reveals the magazine's annual list of top 100 companies to work for in 2015. This year a tech giant nabs the top spot.

  • 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. DROP EXPECTED: Economists forecast that weekly applications fell 18,000 to a seasonally adjusted 295,000, according to a survey by the data firm FactSet.

  • US stocks nervous ahead of jobs report: Pro  Wednesday, 4 Mar 2015 | 9:17 PM ET

    Apart from profit-taking, the declines in Wall Street point to concerns over Friday's nonfarm payrolls, says JJ Kinahan, chief strategist at TD Ameritrade.