Employers hired fewer workers than expected in December and a surprisingly large number of people gave up searching for work, tempering the positive news of a big drop in the unemployment rate.
Stocks fell on Friday after a court ruling in a key foreclosure case prompted investors to pull out of bank stocks, adding to weakness after a lackluster jobs report.
U.S. stocks stumbled on Friday as financials were hit by a court ruling that voided two home foreclosures and as data showed disappointing jobs growth last month.
Apple Inc.'s CEO Steve Jobs has received a salary of $1 per year since rejoining the company in 1997, a regulatory filing showed.
Stocks lost ground on Friday as financials were hit by a court ruling that voided two home foreclosures and as data showed disappointing jobs growth last month.
A few leading trends that could characterize jobs and work in 2011
Employers hired fewer workers than expected in December and a surprisingly large number of people gave up searching for work, tempering the positive news of a big drop in the unemployment rate.
Employers hired fewer workers than expected in December and a surprise fall in the unemployment rate to its lowest level in more than 1-1/2 years was in part due to people giving up the search for work.
The euro fell to a four-month low against the dollar on Friday ahead of U.S. jobs data and next week's bond issues from euro zone peripheral countries, while world stocks and copper eased. A surprise sharp increase in U.S. private sector job creation in December have raised expectations of stronger non-farm payrolls for the month, with economists now expecting 175,000 jobs were created, up from 1...
Stocks slipped on Thursday as soft retail sales and a sharp rise in the dollar left investors edgy a day before December's U.S. employment report.
The Canada Summer Jobs Program has received an additional $10 million this year from the federal government and is likely to pay for 3500 more jobs
This morning’s ADP stunning employment report suggests that Friday’s nonfarm payroll data should come in very strong, according to Tom Sowanick, Co-President and Chief Investment Officer of OmnivestGroup.
The creation of three times as many private-sector jobs as expected turned Wall Street's early losses into gains on Wednesday, extending a rally investors worried had come too far too fast.
After reaching a seven-year high in 2009, downsizing activity in 2010 fell to its lowest level since 1997, as employers announced plans to eliminate 529,973 positions, according to a report from outplacement consultancy Challenger, Gray & Christmas Inc.
Stocks advanced on Wednesday as a much stronger-than-expected rise in private sector employment boosted optimism about the outlook for the economy and stocks.
Private employers added 297,000 jobs in December compared with a revised gain of 92,000 in November, a report by a payrolls processor showed on Wednesday.
U.S. stocks rose on Wednesday as much stronger-than-expected jobs data boosted optimism about the labor market and the economic recovery.
U.S. private employers added 297,000 jobs in December compared with a revised gain of 92,000 in November, a report by a payrolls processor showed on Wednesday.
A surprise surge in private-sector employment last month for its biggest-ever rise in a private payrolls report provided the most bullish signal in months that the economy is on the mend.
Stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.5 percent, Dow Jones futures down 0.4 percent and Nasdaq 100 futures down 0.5 percent at 1000 GMT (5 a.m. ET).
U.S. private employers have recorded 11 consecutive months of job gains, yet the number of people who are so discouraged that they have given up searching for work stands at an all-time high.
