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News
US Labor Department
US Labor Department News
US jobs
02 Sep 2016
US creates weaker-than-expected 151,000 jobs in August
US job creation slowed in August, the economy adding 151,000 new positions, according to data released Friday by the Labor Department.
US economy
04 Jun 2016
US hiring stalls in May; Fed rate hike in question
The Labor Department said Friday that the US economy generated a paltry 38,000 net new positions in May.
US economy
04 Dec 2015
US unemployment rate holds at 5.0% on solid job creation
The US economy pumped out 211,000 new jobs in November.
US economy
04 Sep 2015
US unemployment falls to 5.1%, lowest since April 2008
The US economy generated a lower-than-expected 173,000 new jobs in August, the government reported Friday, but upward revisions to previous months` data sweetened the picture for hiring across the country.
Asia shares
11 May 2015
Asia shares mostly up after US jobs report, China rate cut
Shanghai jumped 3.04%, or 127.66 points, to 4,333.58 and Hong Kong added 0.51, or 140.86 points, to close at 27,718.20.
US jobless
08 May 2015
US gains 223,000 jobs in April, jobless rate at 7-year low
The US economy pumped out a solid 223,000 net new jobs in April, rebounding modestly from a dismal March, the Labor Department reported Friday.
US jobless
07 May 2015
US jobless claims trend at 15-year low
New claims for US unemployment insurance benefits rose modestly last week but the overall trend fell to a 15-year low, the Labor Department reported Thursday.
dollar value
05 May 2015
Dollar up in Asian trade
The euro bought $1.1141 in late-morning Singapore trade from $1.1146 in New York late Monday, while the dollar climbed to 120.15 yen from 120.14 yen.
US jobless
02 Apr 2015
US jobless claims fall sharply to 268,000
New claims for US unemployment insurance benefits fell sharply last week, more evidence of a tightening labor market, official data showed Thursday.
US economy
26 Mar 2015
Lower US jobless claims suggest solidly improving labour market
The sustained jobs market strength underscores the economy`s solid fundamentals and suggests a recent slowdown in economic activity will be temporary.
US jobless
19 Feb 2015
US jobless claims fall as labor market gains momentum
The prior week`s data was unrevised. Economists polled by Reuters had forecast claims falling to 293,000 last week.
US economy
06 Feb 2015
US economy produces 2,57,000 jobs in January
But the unemployment rate edged up to 5.7 percent from 5.6 percent in December, the Labor Department said Friday.
US unemployment
29 Jan 2015
US jobless claims plunge 14%
New claims for US unemployment insurance benefits plunged to the lowest level in nearly 15 years last week, the Labor Department reported Thursday.
US jobs
09 Jan 2015
US payrolls rise solidly, but weak wages steal limelight
US job growth increased briskly in December, but wages unexpectedly fell in a sign the tightening labor market has yet to give much of a boost to workers.
Inflation
22 Oct 2014
US inflation ticks up unexpectedly in September
US consumer prices rose slightly in September, contrary to analysts` expectations, the Labor Department reported Wednesday.
LinkedIn
05 Aug 2014
LinkedIn to pay nearly $6 million in US Labor Dept settlement
A Labor Department representative said LinkedIn has mailed the payments to the workers covered by the settlement.
US jobless
03 Jul 2014
US jobless rate falls to 6.1% in June
Jobs gains were broad-based across industries, with a surge as well in government hiring.
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