First-time claims for state unemployment benefits were expected to total 210,000 for the most recent week, following 204,00 claims filed in the previous week.
First-time claims for state unemployment benefits were expected to total 210,000 in the most recent week, up from the 203,000 claims filed in the previous week.
When unemployment falls as low as it is currently, Boston Federal Reserve bank President Eric Rosengren said, recession has inevitably followed.
New data from the U.S. Census Bureau boosts an already positive picture for the American middle class.
The business services, education and health services industries led job gains for the month of August, besting laggards like retail and manufacturing, according to the latest government jobs report.
Diane Swonk, Grant Thornton chief economist, and David Kelly, J.P. Morgan Funds chief global strategist, join the 'Squawk on the Street' team to discuss August's jobs report and the effect on the markets.
OTTAWA, Sept 7- The Canadian economy unexpectedly shed 51,600 jobs in August after two months of gains, with losses in part-time work overtaking gains in full-time employment, lifting the unemployment rate to 6.0 percent, Statistics Canada data indicated on Friday. The Canadian dollar fell to C $1.3168 to the greenback, or 75.94 U.S. cents after the jobs data.
Average hourly earnings rose 2.9 percent in August as the economy added 201,000 jobs.
CANADA AUGUST UNEMPLOYMENT RATE 6.0 PCT VS 5.8 PCT IN JULY.
WASHINGTON, Sept 7- U.S. job growth likely accelerated in August, with the unemployment rate expected to have fallen back to an 18- year low of 3.8 percent, which would bolster views that the economy was so far weathering the Trump administration's escalating trade war with China. The Labor Department will publish its closely watched employment report on Friday...
The data pointed to sustained labor market strength that should continue to underpin economic growth.
South Africa entered recession in the second quarter for the first time since 2009, data showed on Tuesday.
With unemployment dropping, companies are getting creative when it comes to retaining top talent — but their efforts may have hidden downsides.
The report signaled the labor market was holding firm despite tensions between the U.S. and its trading partners.
The company hopes to put to work some of the 64 million young people, 16 to 24 years old, who are currently unemployed, according to data from the International Labour Organization.
U.S. weekly jobless claims were expected to total 215,000 in the most recent week, up slightly from the 213,000 claims reported for the previous week.
According to the official count from the Bureau of Labor Statistics, most of the recent employment gains for black Americans occurred during the Obama administration.
LONDON, Aug 14- Sterling slid to a new 13- month low on Tuesday after a rebound in the dollar and as weaker-than-forecast wage growth offset an unexpected fall in Britain's unemployment rate. The Bank of England has said it wants to see rising wage growth pressures if it is to speed up its planned rate of monetary policy tightening. Sterling fell heavily last week,...
LONDON, Aug 14- Weaker-than-forecast wage growth offset an unexpected fall in Britain's unemployment rate on Tuesday, curbing sterling's recovery from last week's 13- month lows. Sterling rose as high as $1.2827, up from last week's low of $1.2723, after official data showed Britain's unemployment rate fell to its lowest since 1975 during the second quarter.
*UK unemployment rate falls to 4.0 pct, lowest since 1975. *Number of EU nationals working in UK falls at record pace. LONDON, Aug 14- Britain's unemployment rate fell to its lowest in over 43 years in the three months to June and fewer workers made do with insecure jobs, but there was little upside for most as pay growth slowed to its weakest in nine months.