BATON ROUGE, La.— Louisiana appears to have dug its way out of recession, reaching a three-year low in its unemployment rate as the state finally shows job gains after being hammered by the downslide in the oil and gas industry. "My story has been Louisiana in recession, but I'm changing my story. I'm saying Louisiana's in recovery or starting, "said Greg Albrecht, the...
Economists in a consensus survey expected initial claims to climb to 240,000, up from 233,000.
WASHINGTON— The Federal Reserve has already achieved one of its two mandates: With the unemployment rate at just 4.4 percent, the Fed has essentially maximized employment. It's the Fed's other goal— price stability— that's stayed persistently out of reach. Fed Chair Janet Yellen deepened the uncertainty earlier this month when she sounded less sure about her...
The Labor Department said Friday that unemployment rates fell in 10 states and rose in only 2. The rate has fallen below 3 percent in five states: Colorado, Hawaii, Nebraska, New Hampshire and North Dakota. North Dakota's unemployment rate fell to 2.3 percent, a record low for the state dating back to 1976 and tying for lowest in the nation with Colorado.
NORTH BRUNSWICK, N.J.— New Jersey Gov. Chris Christie says that New Jersey's unemployment remained the same in June compared to the last two months. He announced Thursday that the state added 10,600 jobs in June and the unemployment rate remained at 4.1 percent.
The number of Americans filing for benefits fell more than expected, suggesting another month of strong job growth.
CNBC's Rick Santelli breaks down the latest numbers on initial jobless claims and the U.S. economy.
Glenn Hubbard, Columbia Business School, provides insight to the labor market, and how to increase economic growth. Regulations and tax policy are very big factors to growth, says Hubbard.
CNBC's Steve Liesman breaks down the latest numbers on jobs and hiring trends from the National Association for Business Economics.
Constance Hunter, KPMG chief economist, provides her read on the health of the U.S. economy, and the likelihood of the Fed raising interest rates.
CNBC's Rick Santelli breaks down the latest data on jobs and producer prices. CNBC's Steve Liesman adds insight.
The number of Americans filing for benefits fell for the first time in a month, the latest indication of labor market strength that is sustaining economic growth.
The U.S. economy grew at a "slight to moderate" pace over the last several weeks across all regions of the country
Rhode Island is moving up as a place to build a business and find a job. Governor Gina Raimondo explains the decisions behind the boom.
LONDON, July 12- British pay growth lagged further behind inflation in the three months to May, according to official data that may cause Bank of England officials to think twice about the need to raise interest rates. But the figures on wage growth showed the challenge facing Prime Minister Theresa May and her new government, with growing signs that households...
LONDON, July 12- British workers saw their pay fall further behind inflation in the three months to May even as the unemployment rate hit a new 42- year low. Official figures on Wednesday will have complicate the debate among Bank of England officials over the need for higher interest rates. But lacklustre wage growth also showed the challenge facing Prime...
LONDON, July 12- British workers saw their pay and bonus growth fall further behind inflation in the three months to end-May, data showed on Wednesday, but the jobless rate hit a 42- year low. The duel reports will complicate the debate among Bank of England officials over the need for higher interest rates. But lacklustre wage growth showed the challenge facing...
The International Monetary Fund’s managing director, Christine Lagarde, has said that she would not rule out another financial crisis in her lifetime.
Most of the problems and risks of Italian banks are now behind us, Yves Perrier, the CEO of Amundi said on Tuesday.
Plurimi Investment Managers CIO Patrick Armstrong discusses potential monetary policy moves from the U.S. Federal Reserve.