U.S. stocks slumped on Friday after the government's monthly jobs report gave investors few clues about the Federal Reserve's next move on interest rates. The government reported that the unemployment rate fell to a seven-year low in August, but also said that employers added fewer jobs than forecast. The Dow fell 272.38 points, or 1.7 percent, to 16,102.38.» Read More
Guy Ryder, director-general of the ILO, suggests not enough jobs are being created because economies around the world are not growing fast enough.
Labor experts warn that a tightening job market may add a new wrinkle to retailers' holiday hiring plans.
Worried about further selling? Here's a simple strategy to protect your portfolio.
WASHINGTON, Sept 4- U.S. job growth slowed in August, but the unemployment rate dropped to a near 7-1/ 2- year low and wages accelerated, keeping alive prospects of a Federal Reserve interest rate hike later this month. Nonfarm payrolls increased 173,000 last month after an upwardly revised gain of 245,000 in July, the Labor Department said on Friday.
*Caterpillar falls after broker downgrade. Sept 4- Wall Street opened lower on Friday as investors assessed August jobs data, which showed that fewer-than-expected jobs were added to the economy even as unemployment rate dropped to its lowest in more than seven years. The report underscored the U.S. economy's steady recovery in the face of volatile global...
Sept 4- U.S. stocks opened lower on Friday after the August jobs report showed moderate job growth and the lowest unemployment rate in more than seven years, increasing chances the Fed could raise interest rates sooner rather than later.
LONDON, Sept 4- U.S. stock futures fell and the dollar was little changed on Friday after data showed the U.S. economy created fewer jobs than expected last month, though the unemployment rate fell to a 7-1/ 2- year low. Non-farm payrolls increased 173,000 in August as the manufacturing sector lost the most jobs since July 2013, after an upwardly revised 245,000 rise...
The economy added 173,000 jobs in August, lower than expected, while the unemployment rate fell to 5.1 percent.
OTTAWA, Sept 4- Canada's economy unexpectedly added jobs in August, though the unemployment rate rose to its highest level in a year as more people were looking for work, data from Statistics Canada showed on Friday. Canada added 12,000 jobs last month, surpassing economists' expectations for a decline of 4,500 jobs. Canada fell into a modest recession in the first...
*Average hourly earnings increase eight cents. WASHINGTON, Sept 4- U.S. job growth rose less than expected in August, which could dim prospects of a Federal Reserve interest rate hike later this month, even as the unemployment rate dropped to a near 7-1/ 2- year low of 5.1 percent and wages accelerated. Nonfarm payrolls increased 173,000 last month as the...
WASHINGTON— US employers added 173,000 jobs in August; unemployment rate falls to 7- year low of 5.1 pct.
The Labor Department will report the latest data on hiring and the unemployment rate in August. Here is what to watch for.
WASHINGTON— The U.S. unemployment rate fell to a seven-year low in August as employers added a modest 173,000 jobs, a key piece of evidence for the Federal Reserve in deciding whether to raise interest rates from record lows later this month. It's the lowest unemployment rate since April 2008. But as the final report on the job market before the Fed meets Sept. 16-17,...
For all the talk about the nearly 250,000 jobs a month the economy is creating, workers' real wages are going backward.
CNBC's Steve Liesman, shifts through the unemployment numbers, and Scott Nations, NationsShares, adds perspective.
New applications for unemployment benefits rose more than expected, but the underlying trend remained consistent with a strengthening market.
CNBC's Rick Santelli breaks down the latest data on unemployment and trade.
Layoffs were down last month, says John Challenger, Challenger CEO, parsing the latest employment numbers and providing a preview of Friday's job report.
The equity selloff has caused analysts to question whether there is a level the S&P 500 would need to reach before the Fed recommences QE.
Republican candidates Donald Trump and Jeb Bush have traded rhetorical punches before, but never as forcefully as they have over the past 24 hours.