CNBC's Mary Thompson looks at how National Oilwell Varco spends millions of dollars to fill the skilled labor gap.» Read More
"PTSD is the big giant elephant in the boardroom that a lot of people worry about but nobody talks about," a psychiatrist says.
Sam Brownback says Kansas employers will save millions of dollars this year under a bill adjusting their payments to the unemployment trust fund.
They released their letter as the Senate voted 59-38 for the bill. The outlook remains cloudy, though, for legislation that took three months to move through the Senate. Jack Reed, D- R.I., and Dean Heller, R- Nev., the bill's leading supporters, said they were willing to consider changes in hopes of securing passage in a highly reluctant House.
WASHINGTON— President Barack Obama is urging the House to embrace a Senate- passed measure to resurrect federal jobless benefits for the long-term unemployed. Obama says the Senate acted in a bipartisan way on Monday by voting to reinstate emergency unemployment insurance for 2.3 million Americans. The Senate voted 59-38 for the measure.
"The Senate just took action on a bipartisan bill" to renew unemployment insurance Obama said in a Twitter message. Shortly after the Senate vote, seven House Republican wrote party leadership, asking that a House vote be held on the bill or on a similar measure.
WASHINGTON, April 7- On a 59-38 vote, the Democratic-led U.S. Senate passed a bill on Monday to restore expired jobless benefits for 2.4 million Americans, sending the bipartisan measure to a divided Republican-led House of Representatives for consideration. A week ago, the legislation seemed certain to die in the House amid opposition by top Republicans.
WASHINGTON— The Senate voted 59-38 Monday to resurrect federal jobless benefits for the long-term unemployed, and a small band of Republican supporters swiftly appealed to a reluctant Speaker John Boehner to permit election-year action in the House as well.
NEW YORK, April 7- The dollar fell against major currencies on Monday after last week's slightly lower-than-expected U.S. payrolls data, while European Central Bank policymakers' comments curbed expectations for more stimulus and boosted the euro. U.S. employers added 192,000 jobs in March after adding 197,000 in February, the Labor Department said Friday.
CNBC's Steve Liesman provides insight into the commentary from Wall St. about Friday's jobs data.
The unemployment rate has been coming down, but there's also been a sharp drop in the percentage of American adults who work. What gives? CNBC's Allison Linn explains why there is so much confusion in the numbers.
LONDON, April 7- Gold inched lower on Monday, steadying around $1,300 an ounce following its biggest one-day jump in three weeks, as investor worries about an early U.S. interest rate hike eased after a monthly jobs report failed to meet market expectations. Gold had endured heavy selling ahead of the data, hitting a seven-week low of $1,277.29 on Tuesday.
WASHINGTON— President Barack Obama is using the federal government's vast array of contractors and subcontractors as a labor policy incubator, ready to sidestep Congress to impose workplace rules on wages, pay disparities and hiring on a segment of the private sector that gets taxpayer money and falls under the chief executive's control.
TOKYO/ SYDNEY, April 7- The yen rose against its major counterparts in relatively thin trading in Asia on Monday, with moves limited by caution as the Bank of Japan began its two-day policy meeting.
*Gold steady after 1.2 pct gain on Friday. *Physical markets quiet; China closed for holiday. SINGAPORE, April 7- Gold held onto gains on Monday following its biggest one-day jump in over three weeks as investor worries about an early U.S. interest rate hike eased when the nonfarm payrolls report failed to meet market expectations.
SINGAPORE, April 7- Gold added to gains on Monday following its biggest one-day jump in over three weeks, as investor worries about an early U.S. interest rate hike eased when the nonfarm payrolls report failed to meet market expectations.
SYDNEY, April 7- Commodity currencies including the Australian dollar held onto solid gains early on Monday as the dollar and euro fell to the wayside and even lost ground to an otherwise soft yen.
WASHINGTON— Few people responded to the March jobs report with high-fives and cheers. But there may be reasons to applaud in the months ahead. Hiring in March was close to the economic recovery's steady but hardly explosive monthly average of the past two years: 192,000 added jobs.
Where some of the financial industry’s most powerful worked to help pay for college
The U.S. economy added 192,000 jobs in March, a respectable gain that would typically be enough to lower the unemployment rate. Yet the rate was unchanged at 6.7 percent. Why did the unemployment rate remain the same if the job gain was solid?
NEW YORK, April 4- U.S. crude oil rose on Friday as data showed strong jobs growth in the United States and Brent crude followed suit as investors cast doubt on reports Libya's oil ports were about to reopen.
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U.S. consumers paid slightly higher prices in March than in the month prior, but inflation remained dormant.
Home builder confidence remained in a holding pattern in April, ticking up just one point. The reading missed estimates.
U.S. business inventories rose a bit less than expected as sales rebounded, suggesting a slow pace of restocking could weigh on economic growth in the first quarter.