U.S. manufacturing output rose for a second straight month in March, a sign of recovery from a long winter.» Read More
We love talking about how stressful work is, as if our ancestors weren't wondering if they had enough food for winter.
RDQ Economics' John Ryding told CNBC he questions whether monetary policy can spur companies into hiring the long-term unemployed.
ATLANTA— State labor officials say Georgia's unemployment rate has dropped to 7 percent, the lowest rate since September 2008. The Georgia Department of Labor announced the new seasonally adjusted jobless rate on Thursday.
NEW YORK, April 17- U.S. Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said on Thursday. "There is follow-through from yesterday, there was significant selling in the middle of the curve," said Tom Tucci, head of Treasuries trading at CIBC in New York.
WASHINGTON, April 17- New applications for unemployment benefits held near their pre-recession levels last week, offering further evidence of the economy's underlying strength. Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said on Thursday.
WASHINGTON— The number of people seeking U.S. unemployment benefits last week rose 2,000 to a seasonally adjusted 304,000. Jobless claims continue to be near pre-recession levels despite the slight increase.
US TREASURIES YIELDS HIT SESSION HIGHS AFTER JOBLESS CLAIMS, 10- YEAR NOTES YIELD 2.66 PERCENT.
The number of Americans filing new claims for unemployment benefits rose marginally last week.
CNBC's Rick Santelli has the latest unemployment numbers. Lindsey Piegza, Sterne Agee and John Ryding, RDQ Economic share their thoughts on the data. Piegza says the Fed has very difficult job remaining at this accommodative pace, likely longer than expected.
They want to paint her as a dove, says John Ryding, RDQ Economics, sharing his thoughts on what will likely prompt the Federal Reserve to raise interest rates, and whether inflation will become a factor in Fed policy.
WASHINGTON— The Labor Department reports on the number of people who applied for U.S. unemployment benefits last week. The report will be released at 8:30 a.m. Eastern time Thursday. EASTER SURPRISE: The number of people seeking jobless aide has stayed at pre-recession levels for several months.
Labor laws exclude more than a dozen categories of jobs from the minimum wage, including crews on fishing ships and casual baby sitters.
More than a dozen categories of jobs are exempt from the minimum, currently $7.25 an hour. Tom Harkin, D- Iowa, would gradually raise the minimum to $10.10 by 2016. The Congressional Budget Office estimates it would mean higher earnings for 16.5 million workers— but also would cost 500,000 others their jobs.
LANSING, Mich.— The state says Michigan's seasonally adjusted unemployment rate has hit its lowest level in six years, falling two-tenths of a percentage point to 7.5 percent. The department says Michigan's civilian labor force rose 11,000 to 4.730 million in March, while the number of people working rose 19,000 to 4.375 million.
OLYMPIA, Wash.— Washington state added an estimated 6,700 jobs in March and the unemployment rate is holding steady at 6.3 percent, according to a report released Wednesday by the state Employment Security Department. "The short-term trend looks good," Paul Turek, a labor economist with the department, said in a written statement.
Job prospects for this year's college graduates have changed a lot from last year, according to a new survey.
The Kentucky Office of Employment and Training says Woodford County's annual jobless rate last year was the state's lowest, at 6.1 percent, up from 6 percent in 2012. Leslie County had the highest rate in 2013 at 17.7 percent, up from 14.1 percent a year earlier.
U.S. housing starts rose less than expected in March and building permits fell, pointing to underlying weakness in the market.
President Barack Obama and Vice President Joe Biden are hitting the road to trumpet $600 million in new competitive grants to spur job creation.
WorkForce West Virginia reported Tuesday that the number of unemployed state residents rose by 1,200 in March to a total of 48,500 statewide. The West Virginia rate is less than the national rate of 6.7 percent. Employment gains in West Virginia were recorded in logging, construction and manufacturing.
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