US Economy Added Fewer Jobs Than Expected in August
The American economy added a somewhat disappointing 130,000 jobs in August, while the unemployment rate held steady at a healthy 3.7% for the third month in a row.
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US Has 501,000 Fewer Jobs Than First Reported
The U.S. job market isn’t quite as strong as originally believed — with revised figures showing that the economy had 501,000 fewer total jobs this March than initially reported.
Read moreUS Job Openings Hold Steady at 7.3 Million
American employers advertised 7.3 million open jobs for the second straight month in June, reflecting a strong job market that continues to contribute to the longest economic expansion in U.S. history despite fears of a downturn.
Read moreDeutsche Bank Cuts Mark End to Failed Bid for Global Scale
The radical and painful restructuring of Germany’s Deutsche Bank, which is cutting 18,000 jobs, is the end of a long, failed attempt to compete with the global investment banking giants that left it overextended.
Read moreDeutsche Bank to Slash 18,000 Jobs in Sweeping Restructuring
Germany’s struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investment banking division in a restructuring aimed at restoring consistent profitability and better returns to shareholders.
Read moreEconomy Bounces Back With 224,000 New Jobs in June
With the economy marking 10 consecutive years of growth, hiring rebounded strongly last month as employers added 224,000 new jobs.
Read moreEurope’s Unemployment Lowest in More Than a Decade
The unemployment rate in the 19 European Union countries that use the euro fell to its lowest in more than a decade in May as domestic demand and low interest rates help keep the recovery going.
Read moreHiring by US Employers Hit Record High in April
On the heels of a dismal report on newly created jobs, the Labor Department said Monday that American employers hired a record number of people in April as job openings dropped slightly.
Read moreEconomy Stumbles With Only 75,000 New Jobs in May
Marking a sharp decline in the pace of hiring, American employers added just 75,000 jobs last month as the unemployment rate held steady at 3.6%.
Read moreFord Motors Cuts 7,000 Management Jobs
Ford Motors revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by parting ways with 7,000 white-collar workers worldwide, about 10% of its global salaried workforce.
Read moreInslee Says His Climate Plan Will Create Millions of Jobs
Presidential candidate and Washington Gov. Jay Inslee added an economic plan Thursday to the clean energy policy he announced earlier this month, saying his agenda to get to net-zero climate pollution by 2045 will create 8 million jobs.
Read moreSingle Moms Lose Challenge to UK’s New Welfare Cap
Four years after the United Kingdom’s £26,000 cap on welfare benefits survived a challenge by single mothers and their children, the country’s top court rejected discrimination claims Wednesday against newly imposed tighter limits.
Read moreLA County OKs Funding for Homeless Prevention, Housing
The Los Angeles County Board of Supervisors voted Tuesday to expand funding for programs to help the county’s homeless residents connect to services and jobs, but officials said more is needed to get people off the street.
Read moreAmerican Job Openings Rebound to 7.5 Million
The number of open jobs in the U.S. jumped back up to 7.5 million in March and there are now about 1.7 million more available positions than unemployed people.
Read moreGrowth Streak Continues With 263,000 New Jobs in April
The U.S. economy added 263,000 jobs last month, marking the 103rd straight month of growth as the unemployment rate fell to the lowest level in nearly 50 years.
Read moreApplications for Jobless Aid Fall to Lowest in 50 Years
The number of people applying for unemployment aid fell last week to its lowest level in nearly five decades, solid evidence that the job market is healthy and layoffs scarce.
Read moreJob Openings Fall Half a Million But Still Outpace Jobless
The number of open jobs in the U.S. dropped more than 500,000 to 7.1 million in February, the lowest level in nearly a year, but there are still almost 1 million more available positions than unemployed Americans.
Read moreJobs Market Rebounds With 196,000 New Positions
American employers added 196,000 new jobs in March, dwarfing the paltry gains from the month before and showing that businesses are still hiring despite worries about an economic slowdown.
Read moreWeekly Jobless Claims Drop to Lowest Mark Since 1969
The number of Americans applying for unemployment benefits fell to the lowest level in 49 years last week, indicating that companies are keeping employees despite fears of an impending economic slowdown.
Read moreEmployers Added Surprisingly Low 20,000 Jobs in February
The U.S. economy gained just 20,000 jobs last month, marking the lowest monthly increase in over a year, while unemployment dropped slightly and wages grew faster.
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