Last Updated: Friday, September 11, 2015, 10:27
The U.S. labor market appeared to gain momentum in early September as fewer Americans filed for weekly unemployment benefits, but weak inflation pressures may complicate the Federal Reserve`s decision whether to raise interest rates.
Last Updated: Friday, June 19, 2015, 00:23
New claims for US unemployment benefits fell last week, the government said Thursday in a report adding further evidence of a tightening labor market.
Last Updated: Thursday, June 18, 2015, 00:07
The Federal Reserve left its benchmark interest rate unchanged at near zero Wednesday, while describing US economic growth as "moderate" after the winter slowdown.
Last Updated: Friday, May 22, 2015, 22:44
Janet Yellen said Friday she expects the Federal Reserve to begin raising interest rates "at some point this year," saying delaying the long-awaited move risks the economy overheating.
Last Updated: Saturday, December 6, 2014, 17:57
2014 is the best year of job creation in the US since the 1990s with 2.65 million new jobs created during the period with still one month to go, President Barack Obama said on Friday as he defended his economic policies.
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.
Last Updated: Friday, August 9, 2013, 09:09
Traders say the dollar's precipitous fall also reflected uncertainty on how soon the Federal Reserve will start reducing its stimulus, which prompted investors to unwind some of their bullish dollar bets.
Last Updated: Saturday, April 7, 2012, 09:37
The US job market took a breather in March after its best hiring stretch since the Great Recession.
Last Updated: Friday, April 6, 2012, 22:38
The US job market slowed in March as companies hit the brakes on hiring amid uncertainty about the economy's growth prospects.
Last Updated: Tuesday, March 27, 2012, 09:15
Fed Chairman Ben Bernanke says the US job market remains weak despite three months of strong hiring and that the Federal Reserve's existing policies will help boost economic growth.
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