Latest Employment figures News

The Latest: Trump, Pelosi flex muscle, shutdown goes on

Jan. 17, 2019 10:00 PM EST

WASHINGTON (AP) — The Latest on the partial government shutdown (all times local): 9:50 p.m. President Donald Trump and House Speaker Nancy Pelosi are both flexing their political powers as the negotiations to end the monthlong partial government shutdown remain stalled. Trump issued a letter to Pelosi on...

Federal workers caught in the middle apply for unemployment

Jan. 17, 2019 8:40 PM EST

PROVIDENCE, R.I. (AP) — Thousands of federal employees and their families are applying for unemployment and food stamps to get by as the longest government shutdown in U.S. history drags on with no end in sight. But for some of them, it has been an exercise in confusion and frustration. Others, meanwhile,...

Number of federal workers seeking US jobless aid doubles

Jan. 17, 2019 10:56 AM EST

WASHINGTON (AP) — The number of furloughed federal employees seeking unemployment benefits jumped in the first two weeks of the shutdown, topping 10,000 during the week of Jan. 5. The Labor Department said Thursday that is double the number of federal workers who sought aid in the previous week. Typically...

How's the US economy doing? Shutdown makes it harder to say

Jan. 11, 2019 6:04 PM EST

WASHINGTON (AP) — The partial shutdown of the U.S. government has begun to make it harder to assess the health of the economy by delaying or distorting key reports on growth, spending and hiring. Government data on home construction and retail sales, for example, won't be released next week because...

Eurozone unemployment a bright spot amid growing gloom

Jan. 9, 2019 6:55 AM EST

LONDON (AP) — Unemployment across the 19-country eurozone fell in November to a decade-low rate, official figures showed Wednesday, but worries over the economic outlook have stoked concerns it may not fall much lower, if at all. Eurostat, the European Union's statistics agency, said a 90,000 monthly fall...

US job openings fell in November to still-strong 6.9 million

Jan. 8, 2019 11:03 AM EST

WASHINGTON (AP) — U.S. job openings fell in November from the previous month, but the number of available positions remained healthy. Job openings slipped 3.4 percent to a seasonally adjusted 6.9 million, the Labor Department said Tuesday. That is the fewest openings in five months, but still 16 percent...

Jittery Wall Street has a lot ahead to be nervous about

Jan. 7, 2019 2:06 AM EST

NEW YORK (AP) — Welcome to the brave new world of investing, where every day in the stock market can feel like bedlam. Investors have been careening from fear to relief and back again as they react to morsels of news about the health of the economy and corporate profits, the global trade war and when the...

Stocks swing to huge gains after jobs report, trade talks

Jan. 4, 2019 8:45 PM EST

NEW YORK (AP) — Global stocks soared Friday and reversed the big losses they suffered just a day earlier. The Dow Jones Industrial Average rallied 746 points in the latest twist in a wild three months for markets. Hopes for progress in the U.S.-China trade dispute, a strong report on the U.S. jobs market...

Markets Right Now: Stocks soar, erasing Thursday's plunge

Jan. 4, 2019 4:12 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Wall Street roared back, wiping out all of the market's losses from the previous day, as a barrage of positive news eased concerns about the global economy and interest rates. Major indexes closed up more than 3...

US employers went on a surprising hiring spree in December

Jan. 4, 2019 4:11 PM EST

WASHINGTON (AP) — U.S. employers went on a hiring spree in December, adding a surprising 312,000 jobs and providing a dose of reassurance about the economy after a turbulent few months on Wall Street. The job gains reported Friday by the Labor Department came despite a trade war with China, a global...