CNBC's Steve Liesman reports on results from the CNBC Fed Survey. » Read More
May's low job creation was more a function of a weak month than an economy reaching full employment, according to a Goldman Sachs analysis.
OTTAWA, June 10- Canada added far more jobs than expected in May as hiring picked up in construction and manufacturing, although a drop in the unemployment rate to a 10- month low stemmed from fewer people looking for work. Statistics Canada data released on Friday showed an increase of 13,800 positions last month, topping economists' forecasts for a gain of just...
Consumer attitudes are stable so far this month, as they weigh better wages against more uncertain feelings about the U.S. economy.
OTTAWA, June 10- Canada added far more jobs than expected in May, and the unemployment rate fell to a 10- month low, although that was due to fewer people looking for work, data from Statistics Canada showed on Friday. Statistics Canada said it did not collect survey data for the area of Fort McMurray, which was evacuated due to the fires. With Fort McMurray accounting...
The number of Americans filing for unemployment benefits fell last week, pointing to sustained strength in the labor market.
The Harris Poll of unemployed Americans shows almost half of all jobless US workers have stopped seeking work.
There were 5.8 million job openings in April, beating analyst expectations of 5.7 million, and up from 5.76 million job openings in March.
SANTIAGO, June 7- Chile's unemployment rate could rise by about 1 percentage point to over 7 percent later this year, the head of the central bank said on Tuesday, underscoring that the labor market was a "concern for everyone today." "In our base case scenario we assume that there is a certain additional fragility in the labor market, that the unemployment rate keeps...
SANTIAGO, June 7- Chile's unemployment rate could rise about 1 percentage point to over 7 percent later this year, the head of its central bank said on Tuesday. "In our base case scenario we assume that there is a certain additional fragility in the labor market, that the unemployment rate keeps rising," Central Bank of Chile President Rodrigo Vergara told reporters.
Federal Reserve Chair Janet Yellen speaks at the World Affairs Council luncheon in Philadelphia about the city's economic conditions and the high unemployment rates for minority groups like African Americans and Hispanics.
The latest jobs number has not changed the economic picture and gradual rate hikes remain appropriate, the Cleveland Federal Reserve President said.
Weak jobs report spoils the Fed's plan for a June rate hike, and could even signal that negative rates are coming, says Ron Insana.
Henry Blodget, CEO of Business Insider, and CNBC's Mike Santoli, analyze the disappointing jobs data from May.
CEO of DS Economics Diane Swonk and Chief Global Strategist at J.P. Morgan Funds, David Kelly weigh in on full employment, the unemployment rate and wage growth.
JPMorgan CEO Jamie Dimon thinks the "Brexit," or the United Kingdom leaving the European Union would mean fewer jobs in the UK.
Job creation tumbled in May, with the economy adding just 38,000 positions amid conflicting signs of an economic recovery.
*Average hourly earnings rise five cents. WASHINGTON, June 3- The U.S. economy created the fewest number of jobs in more than five years in May, hurt by a strike by Verizon workers and a fall in goods producing employment, pointing to labor market weakness that could make it difficult for the Federal Reserve to raise interest rates. Nonfarm payrolls increased by only...
CNBC's Steve Liesman and Rick Santelli analyze May jobs data and downward revisions for March and April data. The U.S. created 38,000 jobs versus 162,000 expected, and the unemployment rate fell to 4.7 percent in May.
The May jobs report is way below the forecast of 162,000, reports CNBC's Hampton Pearson. The U.S. created 38,000 jobs in May, and the unemployment rate fell to 4.7 percent.
As the population is expected to grow, Monsanto is looking to increase efficiency and harvest. CNBC's Mary Thompson reports on the company's recruiting for new skills.