Labor Department

104 results

US companies added 263,000 workers in March, the most since December 2014, according to payrolls processor ADP. Photograph: Getty Images/iStockphoto

US companies added 263,000 workers in March, the most since December 2014, suggesting further tightening of the labour market, payrolls processor ADP (...)

Macy’s plans to cut 10,000 jobs beginning this year. Photograph: John Taggart/Bloomberg

US wage growth accelerated last month to the quickest pace since 2009, underscoring rising inflationary pressure as President Barack Obama prepares to(...)

The US labour market is considered to be at or near full employment, with the jobless rate at a nine-year low of 4.6%

The number of Americans filing for unemployment benefits fell to near a 43-year low last week, pointing to further tightening of the labour market. I(...)

The US commerce department said imports rose by $2.2 billion in November

A drop in US exports last month pushed the country’s trade deficit in goods higher while the number of Americans filing for unemployment benefits fell(...)

A company representative speaks with a job seeker during a career fair. US unemployment benefit claims have  been below 300,000, a threshold associated with a healthy labour market, for 90 straight weeks. Photograph: Mike Kane/Bloomberg

The number of Americans filing for unemployment benefits rose from a 43-year low last week, but remained below a level that is consistent with a tight(...)

The unemployment rate is seen to have slipped  one-tenth of a percentage point to 4.9%

The number of Americans filing for unemployment benefits rose to near a three-month high last week, but remained below a level associated with a stron(...)

Economists had forecast the Consumer Price Index would be unchanged last month and rise 0.9 per cent from a year ago

US consumer prices were unchanged in July as the cost of gasoline fell for the first time in five months and underlying inflation moderated, which cou(...)

Irish Stock Exchange: the Iseq index lost 0.2 per cent to 5,804.47 points.  Smurfit Kappa was among the weakest stocks, falling 3.9 per cent to €20.66. Photograph: Dara Mac Dónaill

European stocks dropped as investors assessed a slew of earnings reports and banks fell before Friday’s stress-test results. On one of the busiest da(...)

State Street made “substantial” revenues by telling customers it guaranteed the most competitive rates on FX trades, the US Securities and Exchange Commission said.

State Street has agreed to pay $382.4 million to settle US authorities’ allegations that it applied hidden mark-ups to clients’ currency trades. Stat(...)

The signs of economic strength would be welcomed by Federal Reserve officials

US job growth surged in June as manufacturing employment increased, more evidence the economy has regained speed after a first-quarter lull, but tepid(...)

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