The European Union's statistical agency, Eurostat, said Friday that the jobless rate stood at 11.1 percent in June, unchanged for a third straight month after declines earlier in the year. Among the euro member states, Greece had the highest rate at 25.6 percent and Germany the lowest level at 4.7 percent. The EU's executive Commission has been pushing hard to...» Read More
RIO DE JANEIRO, June 25- Brazil's unemployment rate climbed for a fifth straight month and wages fell in May, government data showed on Thursday, adding to signs of a painful recession. Brazil's non-seasonally adjusted jobless rate rose in May to 6.7 percent, the highest since 2010, from 6.4 percent in April, statistics agency IBGE said. They sank 5.0 percent from...
Indonesian companies are shedding jobs as they grapple with the weakest economic growth in six years, adding to the troubles facing President Joko Widodo.
JAKARTA, June 21- Indonesian companies are shedding jobs as they grapple with the weakest economic growth in six years, adding to the troubles facing President Joko Widodo, who was elected last year on pledges to dig the country out of a rut. Young people are being hit hardest; the International Labor Organization estimated the youth jobless rate was more than 20...
The San Francisco Federal Reserve president warned that waiting too long to hike interest rates poses risks.
The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to a tightening labor market.
US weekly jobless claims total 267,000 versus an estimate of 275,000, and the Consumer Price Index rose in May, reports CNBC's Rick Santelli.
NEW YORK, June 16- When Jesse Lambert lost his job last December, he was about a level seven for panic. After paying rent in Arlington, Virginia, the 33- year-old's student loans for his undergraduate degree and masters in international commerce were the next biggest expense at around $450 per month. In fact, the unemployment rate for those in the 16-24 age group with...
Looking ahead to Wednesday's FOMC meeting, with Jim Caron, MS Investment Management.
Yields will rise, but at a slow pace, explains Jim Caron, MS Investment Management, in discussing moves in the Treasury market, and the Fed statement.
MINNEAPOLIS, June 12- By all rights wages should be soaring in Minnesota, a Midwestern state that boasts one of the best educated and well-paid workforces in the United States and where the unemployment rate stands at a 14- year low. But explain that to Bernie Hesse, projects director for the United Food and Commercial Workers Union. Retail workers, who account for...
One tech company will send a cleaning person to your house twice a month to ease your stress! Plus, other crazy tech-hiring perks.
The number of Americans filing new claims for unemployment benefits rose slightly, but remained in territory consistent with a stronger labor market.
CNBC's Rick Santelli breaks down the latest unemployment and retail sales numbers, and takes a look at import prices. And CNBC's Steve Liesman and Jim Iuorio, CNBC contributor, add perspective
Former House Speaker Dennis Hastert pleaded not guilty afternoon to charges he lied to the FBI about illegal bank withdrawals.
Supporting Scott Walker's career is a longstanding alliance of anti-union conservatives, The New York Times reports.
CNBC's Jeff Cox breaks down the numbers behind May's jobs report.
Marc Morial, Nat'l Urban League, president, and Ron Christie, former special asst. to GW Bush, give their reaction to the latest job report and weigh in on the economy.
U.S. productivity, or output per worker hour, just registered another dismal performance. That has unfortunately become the norm.
At LinkedIn headquarters, the networking site is looking to hire over 100 data scientists this year, reports CNBC's Mary Thompson.
Discussing May jobs data, and the Federal Reserve's view of the U.S. economy, with David Kelly, JPMorgan Funds, and Diane Swonk, Mesirow chief economist. Kelly says the U.S. hits 5 percent unemployment by the end of year.