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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.

US jobless claims jump

Last Updated: Thursday, January 30, 2014, 21:25

New claims, which indicate the pace of layoffs, rose to 348,000 in the week to January 25, up 19,000 from the previous week`s revised figure of 329,000.

With Yellen on deck, Fed's Bernanke to stick to low-rate vow

Last Updated: Wednesday, January 22, 2014, 13:51

Federal Reserve policymakers will likely leave intact their delicately worded easy-money message when they meet next week, despite a surprisingly sharp drop in US unemployment that threatens to make a central part of that message irrelevant.

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.

US Senate advances unemployment benefits extension bill

Last Updated: Wednesday, January 8, 2014, 05:31

The US Senate on Tuesday voted to advance the unemployment benefits extension bill, clearing procedural hurdle for the legislation.

Unemployment benefits end in US for 1.3 mn jobless

Last Updated: Sunday, December 29, 2013, 22:29

For the more than 1.3 million people who have been jobless in the US for over six months, the holiday season came to a crashing halt Saturday with the cancellation of the federal government's unemployment insurance payments.

1.3 million Americans to lose unemployment benefits Saturday

Last Updated: Saturday, December 28, 2013, 03:39

More than 1 million Americans are bracing for a harrowing, post-Christmas jolt as extended federal unemployment benefits come to a sudden halt this weekend, entailing potentially significant implications for the recovering US economy.

US jobless claims fall in positive sign for labor market

Last Updated: Thursday, December 26, 2013, 23:34

Initial claims for state unemployment benefits decreased 42,000 to a seasonally adjusted 338,000, the Labor Department said on Thursday.

US unemployment rate falls to five-year low of 7% in Nov

Last Updated: Saturday, December 7, 2013, 16:10

The monthly non-farm payroll figure is watched closely by the economists, the report added.

Oil prices gain after bullish US jobs report

Last Updated: Saturday, December 7, 2013, 13:27

New York`s main contract, West Texas Intermediate (WTI) crude for delivery in January, added 27 cents to close at USD 97.65 a barrel.