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  • US adds 151,000 jobs Friday, 5 Feb 2016 | 1:07 PM ET
    U.S. adds 151,000 jobs

    Hourly wages rise and consumer confidence holds up despite recent market woes. CNBC's Steve Liesman explains.

  • WASHINGTON, Feb 5- President Barack Obama on Friday said the latest jobs report showing the unemployment rate at an eight-year low of 4.9 percent was a testament to the strength of the American economy. "We should be proud of the progress we've made," Obama told reporters in the White House briefing room. But Obama noted "softness" in China, Europe and other economies...

  • WASHINGTON, Feb 5- A lower U.S. unemployment rate in January and a rise in wages suggests the economy is resisting a global slowdown, but tighter credit conditions and slower hiring are seen reducing the chances of another Federal Reserve interest rate rise in March. While data on Friday supported the Fed's view that the labor market is near full strength,...

  • *Dollar rebounds from recent losses. NEW YORK, Feb 5- Global stocks and bond prices fell after a key U.S. jobs report painted a mixed picture of the U.S. labor market and left investors with a muddled view on rate hike prospects. While U.S. non-farm payrolls increased by just 151,000 jobs last month, well below forecasts of 190,000, the unemployment rate fell to 4.9...

  • Feb 5- Wall Street was sharply lower on Friday after the January U.S. jobs report appeared to keep alive the prospect of a Fed rate hike this year and tech stocks sold off heavily. Despite the expected slowdown in job growth, the unemployment rate fell to 4.9 percent, the lowest since February 2008, and average hourly earnings increased 0.5 percent, suggesting the...

  • Op-ed: Why the jobs report is actually good news Friday, 5 Feb 2016 | 11:08 AM ET
    Construction workers raise wood framing as they build homes in a new housing development in Richmond, California.

    January job gains missed expectations but here's why it was actually good news, explains former Fed official Carl Tannenbaum.

  • *Average hourly earnings rise 12 cents, or 0.5 pct. Feb 5- Wall Street was sharply lower on Friday after data showing a surge in wages in January and an eight-year low unemployment rate kept the prospects of a Fed rate hike alive this year. "That... serves as a caution to markets that it is too early to take a Federal Reserve March hike completely off the table," said Mohamed...

  • Jobs report cuts some pessimism over economy Friday, 5 Feb 2016 | 11:02 AM ET
    Jobs employment unemployment jobless claims

    Hiring slowed substantially in January, but the fact that more people were working for higher pay signals strength.

  • OTTAWA, Feb 5- Canada lost 5,700 jobs in January and the unemployment rate edged up to a two-year high of 7.2 percent, in part because of further job losses in the. oil-producing province of Alberta, underlining the economy's. Statistics Canada said Friday that in the year to January, employment increased by an anemic 125,500 jobs, or 0.7 percent.

  • U.S. job gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but average hourly earnings rose 0.5 percent and the unemployment rate fell to 4.9 percent from 5.0 percent, the Labor Department said on Friday in its monthly employment report. The report "makes the case that inflation is possible in the U.S. against...

  • TORONTO, Feb 5- Canada's main stock index fell on Friday in a broad retreat after a weak jobs report and as falling oil prices weighed on energy stocks. At 9:49 a.m. EST, the Toronto Stock Exchange's S&P/TSX composite index was down 96.03 points, or 0.75 percent, at 12,678.47. Canada's jobless rate hit a two-year high in January as the oil-producing province of...

  • *Average hourly earnings rise 12 cents, or 0.5 pct. Feb 5- Wall Street opened lower on Friday after data showing a surge in wages in January and an eight-year low unemployment rate kept the prospects of a Fed rate hike alive this year. "Judging from the notable 0.5 percent monthly increase in hourly wages, the impressive job creation of recent years may finally be...

  • MILAN, Feb 5- European equities were steady on Friday as a rise in the shares of major banks and industrial companies offset a fall in stocks such as defense group Finmeccanica and steelmaker ArcelorMittal. Data on Friday showed that U.S. non-farm payrolls increased by 151,000 jobs last month and the unemployment rate was at 4.9 percent, the lowest since...

  • OTTAWA, Feb 5- Canada lost 5,700 jobs in January and the unemployment rate edged up to a two-year high of 7.2 percent, in part because of further job losses in the. oil-producing province of Alberta, underlining the economy's. Statistics Canada said on Friday that in the year to January, employment increased by an anemic 125,500 jobs, or 0.7 percent.

  • NEW YORK, Feb 5- U.S. Nonfarm payrolls increased by 151,000 jobs last month and the unemployment rate was at 4.9 percent, the lowest since February 2008, the Labor Department said on Friday. It makes the case that inflation is possible in the U.S. against the backdrop of a lot of the financial turmoil that we've been seeing, "said Aaron Kohli, an interest rate strategist...

  • OTTAWA, Feb 5- Canada lost 5,700 jobs in January and the unemployment rate edged up to a two-year high of 7.2 percent as more people entered the work force, Statistics Canada said on Friday. The jobless rate in the energy-producing province of Alberta rose to 7.4 percent, the highest since February 1996. January marked the first month since December 1988 that the...

  • *Average hourly earnings rise 12 cents. WASHINGTON, Feb 5- U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but surging wages and an unemployment rate at an eight-year low suggested the labor market recovery remains firm. Nonfarm payrolls increased by 151,000 jobs last month and the...

  • Due for weaker number on jobs: Economist Friday, 5 Feb 2016 | 5:17 AM ET
    Due for weaker number on jobs: Economist

    The last couple of months were clearly exaggerated, says Jim O'Sullivan, High Frequency Economics, providing a preview of Friday's jobs numbers.

  • WRAPUP 1-U.S. job growth likely slowed in January Friday, 5 Feb 2016 | 12:01 AM ET

    *Nonfarm payrolls forecast increasing 190,000 in January. WASHINGTON, Feb 5- U.S. employment gains likely slowed in January as the boost to hiring from unseasonably mild weather faded, but an expected rebound in wages and a steady jobless rate will suggest the labor market recovery remains firm. "Payroll growth has been running above trend over the past three...

  • Monthly jobs cuts up 218%: Challenger Thursday, 4 Feb 2016 | 7:31 AM ET
    Monthly jobs cuts up 218%: Challenger

    John Challenger, Challenger CEO, provides insight to new data on jobs.