Jobs Friday clashes with March Fed meeting

It’s Jobs Friday. That means the monthly Wall Street guessing game, “Will they or won’t they hike?” will kick off after the federal government lets the world know how many

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Yahoo to lay off 15% of workforce amid $400M cost-cutting

Struggling search engine company Yahoo Inc. said it plans to cut about 15% of its workforce as part of a $400 million cost-cutting effort intended to “simplify” the troubled Internet

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Hiring, quits hit 9-year highs in December

The number of Americans hired and the total quitting jobs both surged to nine-year highs in December, reflecting a more dynamic labor market that’s starting to push up wages. Job

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Shell plans 2,800 job cuts as U.S. oil around $35

Shell says it is cutting 2,800 jobs in a pre-planned administrative move as plunging oil prices find a floor. The oil giant says in a release Monday that the job

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Jobs report could get Fed to pull the trigger

Whether the Federal Reserve pulls the trigger on an interest rate hike next month at its final meeting of the year could hinge on how many jobs the U.S. economy

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Businesses added 200,000 jobs in September

The private sector added 200,000 jobs in September, payroll processor ADP said Wednesday, in a possible sign that the government will report that employment growth rebounded after slowing the previous

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Jobs report and Fed rate-hike dance begins anew

The last jobs report, released on the eve of Labor Day weekend, was billed by many as the most important reading on the health of the U.S. employment market since

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Employers added just 142,000 jobs in September

News that employment growth slowed for the second straight month in September renewed concerns about the economy and weakened the case for the Federal Reserve to raise interest rates later

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Applications for unemployment benefits fell 6,000 last week

Fewer Americans applied for unemployment benefits last week, keeping this key indicator of labor market health near historic lows. The Labor Department said Thursday that weekly applications for unemployment benefits

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Employers added 173,000 jobs in Aug., jobless rates falls to 5.1%

Payroll growth slowed in August as employers added 173,000 jobs in a key report that could help the Federal Reserve decide whether to raise interest rates later this month. The

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Applications for unemployment aid plunge to 42-year low

The number of Americans filing initial applications for unemployment benefits fell to a 42-year low last week in the latest sign the labor market is poised for further gains. First-time

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Jobless claims rise to highest level since February

The number of people seeking unemployment benefits rose last week to the highest level since late February. But the increase likely reflected temporary auto plant shutdowns rather than any underlying

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Robust jobs report could instill confidence

Due to the Fourth of July market shutdown Friday, the monthly employment report dubbed “Jobs Friday” will be renamed “Jobs Thursday.” But the latest update on the health of the

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Higher minimum wages chomp into restaurants

Labor’s victories in hiking minimum wages stand to “eat into” restaurant profitability, warns Moody’s Investors Service Thursday, confirming the fears of investors. Profit margins of U.S. restaurants could be hit

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Job openings hit 14-year high in April

The number of job openings in the U.S. surged to a 14-year high in April in a sign that job growth could strengthen further in coming months, the Labor Department

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More Americans expect higher incomes this year

Americans are significantly more optimistic about their income prospects while their perceptions of their financial well-being have improved modestly, according to Federal Reserve survey results out Wednesday. Twenty-nine percent of

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P&G cutting more office jobs, up to 6,000 worldwide

Procter & Gamble will cut another 3,000 to 6,000 office jobs worldwide in the next two years, senior executives said Thursday. An unknown number of cuts could occur here, where the

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No alarms in weak March job gains

Economists don’t view the government’s report Friday of a skimpy 126,000 job gains in March as a harbinger of sluggish payroll growth in 2015, but several anticipate a slowdown from

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Jobs report may give Fed pause

For investors, the March jobs report means that the Federal Reserve’s first interest-rate hike could be slowly receding in the distance. The Bureau of Labor Statistics reported that the economy

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“Good” March jobs report may not be so good

The markets are gearing up for the all-important jobs report due out Friday. The report will likely show that last month the economy, once again, added hundreds of thousands of

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