Latest Employment figures News

US job openings decline in September though remain healthy

Nov. 5, 2019 11:01 AM EST

WASHINGTON (AP) — U.S. employers advertised fewer open jobs in September compared with the previous month, but the number of available positions remains high by historic standards. The Labor Department said Tuesday that employers listed 7 million jobs, down from 7.3 million in August. Job openings peaked...

Germany's highest court curbs cuts to jobless benefits

Nov. 5, 2019 5:11 AM EST

BERLIN (AP) — Germany's highest court has limited how drastically authorities can cut benefits to jobless people who refuse to cooperate in seeking a new job. The Federal Constitutional Court's ruling Tuesday stemmed from a case in which an unemployed man had his benefits cut because he rejected a job...

How major US stock indexes fared Friday

Nov. 1, 2019 4:33 PM EDT

Stocks powered to records Friday after a surprisingly strong jobs report gave reassurance that the economy is still solid, despite the pain U.S. factories are feeling from President Donald Trump's trade war. The economic reports solidified Wall Street's view that the economy is nestled in a sweet spot for...

Stocks hit records as strong jobs report calms trade worries

Nov. 1, 2019 4:30 PM EDT

NEW YORK (AP) — Stocks powered to records Friday after an encouraging jobs report gave reassurance that the economy is still solid, despite the pain U.S. factories are feeling from President Donald Trump's trade war. The Labor Department's report showed that employers added more jobs in October than...

US economy defies threats with a solid job gain for October

Nov. 1, 2019 4:21 PM EDT

WASHINGTON (AP) — A solid October jobs report on Friday spotlighted the surprising durability of the U.S. economy in the face of persistent trade conflicts and a global slowdown. The economy managed to add 128,000 jobs last month even though tens of thousands of workers were temporarily counted as...

Markets Right Now: Job gains power stocks to more records

Nov. 1, 2019 4:12 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing at records again after a solid jobs report reassured investors that the economy was on solid footing despite President Donald Trump's trade war. Technology and industrial companies rose the most...

US construction spending rises 0.5% in September

Nov. 1, 2019 12:38 PM EDT

WASHINGTON (AP) — U.S. construction spending rose 0.5% in September, boosted by government and private residential projects. Private residential construction spending increased 0.6%, the third straight month of gains following declines in April, May and June. Spending on single family home construction...

World stocks edge up ahead of US jobs report

Nov. 1, 2019 7:39 AM EDT

BANGKOK (AP) — World shares advanced Friday as investors looked to the monthly U.S. jobs report and amid concerns about the prospects for a long-term U.S-China trade deal. Germany's DAX was up 0.3% to 12,904 and the CAC 40 in Paris added 0.3% to 5,744. Britain's FTSE 100 also picked up 0.3%, to 7,268. Wall...

France cuts jobless benefits as part of Macron reforms plan

Nov. 1, 2019 7:00 AM EDT

PARIS (AP) — Changes to France's jobs market are entering into force on Friday as part of President Emmanuel Macron's plan to make the labor market more flexible and revitalize economic growth. The new rules make it more difficult for the unemployed to claim benefits, which could encourage more people to...

US worker annual compensation rose 2.8% in third quarter

Oct. 31, 2019 10:18 AM EDT

WASHINGTON (AP) — Annual wages and benefits for U.S. workers continued to rise at a modest pace in the third quarter, even as unemployment stays near a half-century low. The Labor Department said Thursday that growth in pay and benefits for all U.S. workers rose 2.8% in the July-September quarter, compared...