Latest Employment figures News

France plans to change jobless benefits, unions to protest

Jun. 18, 2019 12:11 PM EDT

PARIS (AP) — French President Emmanuel Macron's government has unveiled plans to make it more difficult for the unemployed to claim benefits, as part of an overhaul of France's labor market that aims to boost the nation's economy. Labor Minister Muriel Penicaud said Tuesday that the changes were "tough,...

Fed likely to leave rates alone but signal readiness to cut

Jun. 17, 2019 11:59 AM EDT

WASHINGTON (AP) — Jerome Powell has tantalized the financial world with the prospect that the Federal Reserve he leads may soon cut interest rates for the first time in over a decade. Probably not quite yet, though. When the Fed issues a policy statement Wednesday and Powell holds a news conference, the...

Greek unemployment, highest in EU, dips in early 2019

Jun. 13, 2019 8:45 AM EDT

ATHENS, Greece (AP) — Greek national statistics show that unemployment, long the highest in the European Union, fell in the first quarter when compared to last year, but still afflicts around one in five Greeks. The country's statistical authority said Thursday that the unemployment rate was 19.2% in the...

Editorials from around Pennsylvania

Jun. 12, 2019 5:05 PM EDT

Editorials from around Pennsylvania: IT'S TIME, FINALLY, TO RAISE PENNSYLVANIA'S MINIMUM WAGE Easton Express Times, June 9 Wait, did we hear that correctly? A handful of Republican legislators in Harrisburg are saying this budget season might be the time to raise Pennsylvania's woefully deficient minimum wage....

France pledges to reform economy, boost competitiveness

Jun. 12, 2019 12:29 PM EDT

PARIS (AP) — France's prime minister said Wednesday that the government of President Emmanuel Macron plans to keep reforming the economy to boost its competitiveness, with changes to unemployment benefits and the pension system and plans to help out middle-class workers with tax cuts. Addressing the lower...

Investors should guard against tunnel vision on trade wars

Jun. 11, 2019 5:26 PM EDT

NEW YORK (AP) — Once this trade-war cloud gets lifted, investors should have little to worry about, right? Monday's market action makes it seem that way: Stocks around the world climbed after President Donald Trump withdrew a threat to impose tariffs on Mexico, at least for now. That leaves investors...

Clarification: Unemployment Trust Fund story

Jun. 11, 2019 4:40 PM EDT

INDIANAPOLIS (AP) — In a story June 9, The Associated Press reported that Indiana Gov. Eric Holcomb's administration is seeking a business tax increase to provide a $1 billion boost for the state's unemployment trust fund. The administration doesn't have an active proposal after no action was taken on its...

US employers hired a record number of people in April

Jun. 10, 2019 11:13 AM EDT

WASHINGTON (AP) — U.S. employers hired the most people on record in April, while the number of open jobs was largely unchanged, evidence that the job market remains solid. The Labor Department said Monday that businesses filled 5.9 million jobs that month, 4.2% more than in March and the most since records...

Strong job market hampers FEMA hiring in flood-hit states

Jun. 9, 2019 10:58 AM EDT

LINCOLN, Neb. (AP) — The Federal Emergency Management Agency is facing an unexpected challenge in meeting the needs of the many people affected by this spring's widespread flooding and violent storms: a strong economy. Tasked with responding to natural disasters that seem ever more frequent and...

Why Trump's trade wars are pressuring both economy and Fed

Jun. 7, 2019 5:06 PM EDT

WASHINGTON (AP) — A sharp pullback in U.S. hiring for May intensified fears that the economy has weakened and that many employers have grown nervous, in part from President Donald Trump's escalating trade wars. Yet the stock market soared and bond yields fell because investors found a reason to cheer: The...