• Passengers wait on a subway platform for a train in the Brooklyn section of New York

    Employment rebounds from winter gloom

    Employers hired workers at the fastest pace in nine months in February and the jobless rate slipped to a nearly two-year low of 8.9 percent, showing the economy is finally kicking into a higher gear. Nonfarm payrolls increased 192,000, the Labor Department said on Friday, partly bouncing back from a weather-depressed January
  • US payrolls up meager 36,000, jobless rate falls

    U.S. employment rose far less than expected in January, partly the result of severe snow storms that slammed large parts of the nation, but the unemployment rate fell to its lowest level since April 2009.
  • A sign in the window of a retail shoe store advertises for jobs in San Francisco, California

    Payrolls up meager 36,000 as jobless rate falls

    Employment rose far less than expected in January, partly the result of severe snow storms that slammed large parts of the nation, but the unemployment rate fell to its lowest level since April 2009.
  • Automatic Data Processing Cuts FY09 Revenue Forecast; Shares Down - Update

    Wednesday, business outsourcing solutions provider Automatic Data Processing Inc. updated earnings forecast and lowered its revenue growth outlook for the fiscal 2009, citing unfavorable foreign exchange rates and pricing pressures amid global meltdown.