Oil fell from six-week highs on Friday, pressured by gains in the dollar following the release of better-than-expected U.S. job-loss numbers.
Despite Friday's economic report indicating that the deterioration in the labor market is slowing more than earlier this year, policy makers should not conclude that the long-term unemployed no longer need assistance, a non-profit think tank said.
The White House boasted a new jobs report Friday as evidence the US economy country has pulled back from recession. US job employment slowed down slightly to 9.4 percent from 9.5 percent while Jobs fell by 247,000, after a 443,000 loss in June the labor and department reported today in Washington.
U.S. stocks advanced on Friday after the government reported fewer workers lost jobs in July than expected, fueling hopes of an economic recovery and providing solid footing for a recent market run-up.
U.S. employers cut 247,000 jobs in July, far less than expected and the least in any month since last August, according to a government report on Friday that provided the clearest evidence yet that the economy was turning around.
Wall Street opened higher on Friday after the government reported fewer workers were laid off in July, providing fresh evidence of an economic recovery and the sustainability of a recent market run-up.
Wall Street opened higher on Friday after the government reported fewer workers were laid off in July, providing fresh evidence of an economic recovery and the sustainability of a recent market run-up.
Wall Street was set for a higher open on Friday after the government reported fewer workers were laid off in July, providing fresh evidence of an economic recovery and the sustainability of a recent market run-up.
U.S. stock index futures trimmed losses on Friday ahead of key monthly jobs data that could provide clues on the direction of the economy and the sustainability of a recent run-up.
Oil edged down on Friday from a six-week high as markets looked to U.S. July employment data for clues on whether the United States could be emerging from recession.
U.S. stock index futures were lower on Friday as investors braced for key monthly jobs data for clues on the direction of the economy and the sustainability of a recent run-up.
Oil edged down on Friday from a six-week high as markets looked to upcoming U.S. July employment data for clues on whether the U.S. economy could be emerging from recession.
Stock index futures pointed to a mixed open on Wall Street on Friday, as investors braced for key monthly jobs data.
Stocks fell on Thursday as investors turned cautious a day ahead of a crucial government report on July employment, and took profits after recent strong gains.
Stocks fell on Thursday as investors turned cautious a day ahead of a crucial government report on July employment, and took profits after recent strong gains.
Stocks slid on Thursday as investors took profits after a recent rally and turned cautious a day before the government's crucial July jobs report.
China is winning a global race to create green collar jobs, six months after countries worldwide launched $500 billion spending plans to drive a low-carbon economy.
U.S. stocks slipped on Thursday as drops in telecommunications and biotechnology stocks offset optimism about the economy spurred by a sharp fall in the number of workers filing new claims for jobless benefits.
Stocks opened higher on Thursday as a sharp fall in the number of U.S. workers filing new claims for jobless benefits spurred optimism about the labor market and the pace of an economic recovery.
U.S. stocks were set to open higher on Thursday as a sharp fall in the number of U.S. workers filing new claims for jobless benefits spurred optimism about the labor market and the pace of an economic recovery.
A monthly gauge of online labor demand in the United States edged lower in July and its decline slowed on a year-over-year basis, suggesting some stabilization in the jobs market, a private research group said on Thursday.
A group of small U.S. manufacturers and trade associations is endorsing a bill it says will boost the number of green manufacturing jobs in industries like wind and solar power in the United States.