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US jobless claims rise; Q4 productivity revised down

Last Updated: Thursday, March 5, 2015, 20:44

The number of Americans filing new claims for unemployment benefits last week rose to its highest level since May, which could raise concerns about some weakness in the labor market.

Fed opens policy meeting with rate hike looming

Last Updated: Wednesday, January 28, 2015, 00:10

The Federal Reserve opened its first monetary policy meeting of the year Tuesday to take the pulse of the US economy and mull the first interest rate hike since 2006.

2014 the best year of job growth in US since 1999

Last Updated: Friday, January 9, 2015, 21:32

The US unemployment rate has dropped to 5.6 percent with the addition of over 2.5 lakh new jobs last month, making 2014 the best year of job growth since 1999.

Italy jobless at new record high in headache for Renzi

Last Updated: Wednesday, January 7, 2015, 19:02

The jobless rate rose to 13.4 percent in November, up 0.2 percentage points from October, data from the national statistics institute (ISTAT) showed on Wednesday.

US jobless claims rise, but labor market still strengthening

Last Updated: Wednesday, December 31, 2014, 20:19

The number of Americans filing new claims for unemployment benefits rose more than expected last week, but the trend remained consistent with sustained strength in the labor market.

US retail sales, jobless claims data improves

Last Updated: Thursday, December 11, 2014, 21:25

US retail sales and jobless claims data showed a strengthening economy Thursday, but prices for exports and imports both fell, signalling little added inflationary pressure in the past month.

US monthly job gains largest in three years; wages rise

Last Updated: Friday, December 5, 2014, 19:22

US employers added the largest number of workers in nearly three years in October and wages increased, which could bring the Federal Reserve closer to raising interest rates.

Unemployment levels rising in India: Experts

Last Updated: Sunday, January 26, 2014, 17:09

Unemployment rate in India is showing an increasing trend since 2011 when it was 3.5 percent. The same rose to 3.6 percent in 2012 and climbed to 3.7 percent last year.

China's 2013 urban unemployment rate at 4.1 %

Last Updated: Friday, January 24, 2014, 14:47

Over 13 million jobs were created in China in 2013 while the urban unemployment rate in the world's second largest economy stood at around 4.1 percent.

Dollar drops after disappointing US jobs report

Last Updated: Saturday, January 11, 2014, 05:28

The dollar tumbled against other major currencies Friday, driven lower after a surprisingly weak US jobs report cast doubt on the vigor of the nation`s economic recovery.

US job growth falters as cold weather grips nation

Last Updated: Saturday, January 11, 2014, 01:59

U.S. employers hired the fewest workers in nearly three years in December, but the setback was likely to be temporary amid signs that unusually cold weather may have had an impact.

US economy adds paltry 74,000 jobs in December

Last Updated: Friday, January 10, 2014, 21:56

The US economy added just 74,000 jobs in December, but the overall unemployment rate continued to fall, hitting 6.7 percent, the lowest since October 2008, the Labor Department said today.