AUSTIN, Texas— The Texas unemployment rate in February rose slightly to reach 4.9 percent, the Texas Workforce Commission reported Friday. The Amarillo area had the lowest February jobless rate in Texas at 3.6 percent. The Texas economy expanded in February with the addition of 6,700 seasonally adjusted nonfarm jobs.
The number of Americans filing for benefits unexpectedly rose last week, but remained below a level associated with a strengthening labor market.
CNBC's Rick Santelli breaks down the latest numbers on unemployment.
Christopher Pissarides, professor at the London School of Economics, proposes skills upgrading as a way to improve U.S. labor market conditions.
Economists had expected a 0.4 percent gain in February.
ATHENS, Greece— Greece's unemployment rate is rising again, reaching 23.6 percent in the last quarter of 2016— up one percentage point on the quarter. Greece's statistical authority said Thursday that the number of jobless was 1.12 million in October-December, compared with 1.09 million in the third quarter of 2016.. Greece's unemployment rate is the highest...
The number of Americans filing for unemployment benefits fell last week, pointing to a further tightening in the labor market.
CNBC's Rick Santelli breaks down the latest numbers on unemployment, housing starts and data from the Philly Fed.
Australia's jobless rate climbed to a 13-month high in February and employment unexpectedly fell.
WASHINGTON— Below is the statement the Fed released Wednesday after its policy meeting ended:. Information received since the Federal Open Market Committee met in February indicates that the labor market has continued to strengthen and that economic activity has continued to expand at a moderate pace. Job gains remained solid and the unemployment rate was...
LONDON, March 15- Inflation gnawed away at British pay growth in the three months to January, an unpromising sign for the economy ahead of its divorce from the European Union even as the unemployment rate fell to its lowest level since 2005.. In January alone inflation-adjusted pay growth contracted by 0.2 percent, the first shrinkage since August 2014, the...
LONDON— Britain's unemployment rate has fallen to its lowest level since 1975 as the economy continues to show resilience despite the uncertainty accompanying Britain's upcoming departure from the European Union. The Office for National Statistics said Wednesday that the unemployment rate fell to 4.7 percent in the three months through January, from 4.8...
LONDON, March 15- Britain's unemployment rate fell unexpectedly to its lowest in more than a decade in the three months to January, but pay growth worsened in an unpromising sign for the economy ahead of its divorce with the European Union. While suggesting Britain's labor market continues to show resilience following June's Brexit vote, figures on wage growth...
A tighter labor market and a change in the FOMC board will likely trigger more than three hikes this year, according to Stephen Isaacs of Alvine Capital.
CNBC's Contessa Brewer reports on the nation's employment picture and why 2 million job could be left unfilled by 2025.
White House economic adviser Gary Cohn said that the Fed "has been doing a good job" and the Trump administration respects its independence.
BEIJING, March 12- China's industrial output grew more than 6 percent in January and February, a vice chairman of the state economic planner said on Sunday, adding that the survey-based unemployment rate in 31 major cities was about 5 percent for the two-month period. National Development and Reform Commission Vice Chairman Ning Jizhe gave the approximations,...
A warm winter spurred hiring in the construction sector, so expect payback in the coming months, Jan Hatzius warns.
After a solid jobs report, investors increasingly are expecting a green light for a Federal Reserve rate hike at its next meeting.
OTTAWA, March 10- Canada added more jobs than expected in February, extending the labor market's recent strong run as full-time hiring jumped, while fewer people looking for work sent the unemployment rate lower, data from Statistics Canada showed on Friday. The 15,300 increase in jobs last month topped economists' expectations for a gain of 2,500..