The jobs outlook is growing dimmer and dimmer for the public sector.
Employers hired more workers in February than in any month since May last year and the unemployment rate fell to a near two-year low, raising hopes the economic recovery has gathered critical momentum.
(Corrects paragraph two of Christopher Low's comment to say the unemployment rate fell one-tenth.)
The Gold Price eased back for Dollar investors on Friday in London, but recovered one third of yesterday's sharp sell-off – and was heading higher for the fifth weekly gain in a row – as official data said US unemployment retreated to 8.9% last month.
White House economist Austan Goolsbee said on Friday the February jobs report showed President Barack Obama's policies were working to improve the economy, but he said more needed to be done to create jobs.
Hiring by employers hit a nine-month high in February and the jobless rate slipped to a nearly two-year low of 8.9 percent, showing the economy is kicking into a higher gear.
Investment bankers have been villified by the public since the financial crisis, and regulators are cracking down on their pay, but Britain's university graduates still aspire to become them. At the country's top universities, the generation of students who started their degree just as Lehman Brothers collapsed are still pursuing lucrative
Employers hired more workers in February than in any month since May last year and the unemployment rate fell to a near two-year low, the strongest sign yet the recovery has become self-sustaining.
Mystery solved? For the first time in months, the Labor Department's job market assessment matches up with private surveys showing a pick-up in employment that is finally fast enough to put a substantial dent in the unemployment rate.
The U.S. Federal Reserve is right to carry on with its cheap money policy to fight high unemployment, but policymakers must stay on guard for signs of inflation, two top Fed officials said on Thursday. Atlanta Fed President Dennis Lockhart, speaking in Tallahassee, Fla., said the Fed should stay vigilant for any rise in inflation
The number of unemployed people in the US fell unexpectedly in February, indicating that the labor market is strengthening.
Employers hired more workers in February than in any month since May last year and the unemployment rate fell to a near two-year low, raising hopes the economic recovery has gathered critical momentum.
Futures on major U.S. stock indices point to a higher opening on Friday ahead of key monthly non-farm payrolls and unemployment data from the government.
The number of Americans filing new claims for jobless aid hit the lowest level in more than 2-1/2 years last week and service sector hiring picked up in February, signs the labor market recovery was quickening.
Growth in the service sectors in the United States and Europe hit its highest in five years in February, suggesting economic growth is accelerating though inflationary pressures are building.
The following is a transcript of a press conference on March 3, 2011 at the Georgia State Capitol with former House Speaker Newt Gingrich where he discusses an initiative to reduce the size of the federal government by creating a 'Tenth Amendment Implementation Act' and his plan to explore a possible presidential run in 2012.
The Federal Reserve Bank should continue to flood the economy with cheap money to fight high unemployment, but policymakers must stay on watch for signs of inflation, two top Fed officials said on Thursday.
Fleeing after years of war in Iraq, many refugees arriving in the United States can't find the jobs they need to rebuild their lives. Unemployment among Iraqi refugees is estimated at nearly three times the national average of 9 percent, and up to 2,000 of those who arrived in the past four years may have left for other countries.
The number of Americans filing new claims for jobless aid hit the lowest level in more than 2-1/2 years last week and service sector hiring picked up in February, signs the labor market recovery was quickening. Another report on Thursday confirmed business productivity picked up a bit in the fourth quarter
New claims for unemployment benefits unexpectedly fell last week to touch their lowest level in more than 2-1/2 years, a government report showed on Thursday, slipping further below a key level associated with an acceleration in job creation.
New claims for unemployment benefits fell last week to touch their lowest level in more than 2-1/2 years, a sign of acceleration in job creation.
Adecco (ADEN.VX), the world's biggest temporary staffing company, expects demand to improve as employers seek flexible labour to fill jobs in an uncertain recovery. This year got off to a good start, with sales rising 17 percent organically in January from a year earlier, Chief Executive Patrick De Maeseneire