Latest Employment figures News

Fed officials discussed hiking rates to 'restrictive' level

Oct. 17, 2018 3:43 PM EDT

WASHINGTON (AP) — Federal Reserve officials last month debated how high they should raise interest rates to achieve their economic goals, with some arguing that they might need to lift rates to a level that would modestly restrain growth. In the end, the Fed modestly raised its key short-term rate and...

US employers post record number of open jobs in August

Oct. 16, 2018 11:44 AM EDT

WASHINGTON (AP) — U.S. employers posted the most jobs in two decades in August, and hiring also reached a record high, fresh evidence that companies are desperate to staff up amid solid economic growth. Job openings rose a slight 0.8 percent to 7.14 million, the highest on records dating back to December...

The Latest: Trump campaign plans more rallies for midterms

Oct. 13, 2018 8:23 PM EDT

WASHINGTON (AP) — The Latest on President Donald Trump (all times local): 8:20 p.m. President Donald Trump's campaign says he will rally for GOP candidates in several critical Western states late next week. The campaign says Trump will campaign Thursday in Missoula, Montana; on Friday in Mesa, Arizona, and...

Trump's boasts ring hollow in some black communities

Oct. 12, 2018 1:25 AM EDT

PHILADELPHIA (AP) — It's one of President Donald Trump's favorite talking points in promoting his administration's success: the record low rate of black unemployment. But on a recent sunny afternoon in Vernon Park in Philadelphia's Germantown neighborhood, that victory seemed hollow. As children laughed on...

In black neighborhoods, Trump's economic boasts ring hollow

Oct. 11, 2018 6:22 PM EDT

PHILADELPHIA (AP) — It's one of President Donald Trump's favorite talking points in promoting his administration's success: the record low rate of black unemployment. But on a recent sunny afternoon in Vernon Park in Philadelphia's Germantown neighborhood, that victory seemed hollow. As children laughed on...

Scramble for holiday season workers already near fever pitch

Oct. 10, 2018 12:18 PM EDT

WASHINGTON (AP) — Across the country, America's retailers and shipping companies are looking happily forward to a robust holiday shopping season. There's just one concern: Who will stock the shelves, pack the orders and ring up customers? The U.S. job market is the tightest it's been in five decades,...

Global stocks weighed down by China economy fears

Oct. 8, 2018 7:57 AM EDT

LONDON (AP) — Global stock markets fell Monday as investors responded to the weekend decision from the Chinese monetary authorities to reduce the amount of capital that banks are required to hold, a move that stoked concerns that the world's number 2 economy is struggling in the face of the tariff dispute...

As joblessness falls, skilled workers might be hard to find

Oct. 7, 2018 5:37 PM EDT

Are America's employers at risk of running out of skilled people to hire? The U.S. economy has become a seemingly perpetual job-generating machine, having steadily added workers for nearly eight years. Even with the unemployment rate now at 3.7 percent — its lowest point since 1969 — hiring hasn't...

As joblessness falls, skilled workers might be hard to find

Oct. 6, 2018 10:38 AM EDT

Are America's employers at risk of running out of skilled people to hire? The U.S. economy has become a seemingly perpetual job-generating machine, having steadily added workers for nearly eight years. Even with the unemployment rate now at 3.7 percent — its lowest point since 1969 — hiring hasn't...

As joblessness falls, skilled workers might be hard to find

Oct. 6, 2018 10:36 AM EDT

Are America's employers at risk of running out of skilled people to hire? The U.S. economy has become a seemingly perpetual job-generating machine, having steadily added workers for nearly eight years. Even with the unemployment rate now at 3.7 percent — its lowest point since 1969 — hiring hasn't...