Jobless claims rise to highest level since February

The number of people seeking unemployment benefits rose last week to the highest level since late February. But the increase likely reflected temporary auto plant shutdowns rather than any underlying

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Robust jobs report could instill confidence

Due to the Fourth of July market shutdown Friday, the monthly employment report dubbed “Jobs Friday” will be renamed “Jobs Thursday.” But the latest update on the health of the

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Higher minimum wages chomp into restaurants

Labor’s victories in hiking minimum wages stand to “eat into” restaurant profitability, warns Moody’s Investors Service Thursday, confirming the fears of investors. Profit margins of U.S. restaurants could be hit

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Job openings hit 14-year high in April

The number of job openings in the U.S. surged to a 14-year high in April in a sign that job growth could strengthen further in coming months, the Labor Department

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More Americans expect higher incomes this year

Americans are significantly more optimistic about their income prospects while their perceptions of their financial well-being have improved modestly, according to Federal Reserve survey results out Wednesday. Twenty-nine percent of

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No alarms in weak March job gains

Economists don’t view the government’s report Friday of a skimpy 126,000 job gains in March as a harbinger of sluggish

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Jobs report may give Fed pause

For investors, the March jobs report means that the Federal Reserve’s first interest-rate hike could be slowly receding in the

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“Good” March jobs report may not be so good

The markets are gearing up for the all-important jobs report due out Friday. The report will likely show that last

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Unemployment rate drops in 24 states in January

Unemployment rates fell in 24 states in January and rose in just eight, the latest evidence that hiring is strong

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Weekly jobless claims fall sharply, drop 36,000

The number of people seeking U.S. unemployment benefits fell sharply last week, a sign that strong hiring will likely continue.

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Businesses add 212,000 jobs in February

Private employers hired 212,000 workers in February, adding more muscle to the frame of a growing U.S. labor force. Payroll

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Manufacturing slows as output, hiring weaken

U.S. factories expanded last month at their weakest pace in a year, with orders, hiring and production all growing more

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