labor department

U.S. jobless rate drops to 8.1% as people give up searching for work


September 8th, 2012 - 8:26 pm ICT by BNO News
WASHINGTON, D.C. (BNO NEWS) -- With employers in the United States adding just 96,000 jobs last month, the national unemployment rate dropped to 8.1 percent as nearly four times as many people ... Read more...

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US wholesale prices rise


July 14th, 2012 - 2:21 pm ICT by IANS
Washington, July 14 (IANS) US wholesale prices rose slightly in June after a consecutive decline from March through May. The Producer Price Index, which measures price changes at factory gates, ... Read more...

Posted in Business |

US jobless rate holds steady


July 7th, 2012 - 12:14 pm ICT by IANS
Washington, July 7 (IANS/EFE) The US unemployment rate remained at 8.2 percent last month as the economy created only 80,000 net new jobs, authorities said Friday.Analysts had expected a gain ... Read more...

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US stocks wobble despite rate cuts


July 6th, 2012 - 4:46 am ICT by IANS
New York, July 6 (IANS) US stocks wobbled around the breakeven line Thursday, as rate cuts in both China and Europe failed to ignite the market.The European Central Bank cut ... Read more...

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US initial jobless claims dip to six-week low


July 6th, 2012 - 3:52 am ICT by IANS
Washington, July 6 (IANS) The number of people in the US applying for unemployment aid last week dropped to the lowest level since mid May, the Labor Department said Thursday.The ... Read more...

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US Federal Reserve ready to act if Europe crisis worsens


June 8th, 2012 - 11:33 am ICT by IANS
Washington, June 8 (IANS/EFE) US Federal Reserve Chairman Ben Bernanke said Thursday his institution is ready to act if the European financial crisis worsens."As always, the Federal Reserve remains prepared ... Read more...

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Oil tumbles on weak US jobs report


June 2nd, 2012 - 4:51 am ICT by IANS
New York, June 2 (IANS) Crude prices tumbled Friday as weak US jobs report for May, weak manufacturing data from China, and a spiralling euro zone debt crisis deepened worries ... Read more...

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US stocks plunge after weak jobs report


June 2nd, 2012 - 3:16 am ICT by IANS
New York, June 2 (IANS) US stocks plunged Friday after a highly-anticipated report showed the recovery in the jobs market was sharply slowing down.According to the Labor Department, the US ... Read more...

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US stocks open mixed


May 25th, 2012 - 12:41 am ICT by IANS
New York, May 24 (IANS) US stocks opened mixed Thursday on mixed economic reports and ongoing euro zone concerns.On the economic front, orders for durable goods increased a slight 0.2 ... Read more...

Posted in Business |

US consumer prices flat


May 16th, 2012 - 1:12 pm ICT by IANS
Washington, May 16 (IANS) US consumer prices were flat in April, largely because of a decline in gas prices, the Labor Department reported.The Consumer Price Index (CPI), which tracks inflation ... Read more...

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US job openings rise


May 9th, 2012 - 1:22 pm ICT by IANS
Washington, May 9 (IANS) US employers posted more job openings in March in fresh evidence of the recovering job market, the Labor Department has reported. The number of job openings ... Read more...

Posted in Business |

U.S. unemployment rate drops to 8.1 percent, lowest in 3 years


May 5th, 2012 - 4:07 am ICT by BNO News
WASHINGTON, D.C. (BNO NEWS) -- The unemployment rate in the United States fell to 8.1 percent in the month of April, reaching its lowest level in three years, the U.S. Labor Department ... Read more...

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US unemployment rate drops in April


May 5th, 2012 - 12:43 am ICT by IANS
Washington, May 4 (IANS) The US unemployment rate fell slightly to 8.1 percent in April despite fewer job gains, the Labor Department said Friday.The reading was generally in line with ... Read more...

Posted in Business |

US stocks tumble on disappointing jobs data


May 5th, 2012 - 12:06 am ICT by IANS
New York, May 4 (IANS) US stocks tumbled Friday after the highly-anticipated government monthly jobs report came in weaker than expected.According to the Labor Department, the economy only added 115,000 ... Read more...

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US stocks rally on housing data


April 27th, 2012 - 6:34 am ICT by IANS
New York, April 27 (IANS) US stocks extended rally Thursday as the housing data came in better than expected, offsetting a weak jobs report and some disappointing earnings.The Dow Jones ... Read more...

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US stocks tumble after March jobs report


April 10th, 2012 - 3:52 am ICT by IANS
New York, April 10 (IANS) US stocks tumbled Monday as investors came back from a weekend holiday and finally got a chance to react to Friday's jobs data, Xinhua reported.The ... Read more...

Posted in Business |

US stocks trim losses amid Spain concern


March 30th, 2012 - 4:06 am ICT by IANS
New York, March 30 (IANS) US stocks trimmed early losses and ended the session mixed Thursday as investors weighed debt problems in Spain against positive domestic economic data.The Dow Jones ... Read more...

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US stocks drop on global economic concerns (Lead)


March 23rd, 2012 - 12:00 am ICT by IANS
New York, March 22 (IANS) US stocks dropped Thursday as concerns over a global economic slowdown weighed on the market, overshadowing the fact that the jobs market was still steadily ... Read more...

Posted in Business |

US stocks open lower on economy concerns


March 22nd, 2012 - 10:34 pm ICT by IANS
New York, March 22 (IANS) US stocks opened lower Thursday as concerns over a global economic slowdown weighed on the market despite reports that new jobless claims dropped to a ... Read more...

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US lawyers’ group warns of accumulated student loan debt


March 14th, 2012 - 12:10 pm ICT by IANS
Washington, March 14 (IANS/EFE) The National Association of Consumer Bankruptcy Attorneys warned of the danger posed by the accumulated student loan debt in the US.A recent report from NACBA underlines ... Read more...

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US retail sales go up


March 14th, 2012 - 11:49 am ICT by IANS
Washington, March 14 (IANS/EFE) Sales at US retail outlets increased by 1.1 percent in February to an annualized volume of $407.8 billion, the highest in five years, the Department of ... Read more...

Posted in Business |

US stocks end higher on positive jobs report (Lead)


March 10th, 2012 - 7:47 am ICT by IANS
New York, March 10 (IANS) US stocks ended higher Friday as investors embraced a positive non-farm payroll report.The Dow Jones industrial average gained 14.08 points, or 0.11 percent, at 12,922.02. ... Read more...

Posted in Uncategorized |

US stocks rise


March 10th, 2012 - 5:21 am ICT by IANS
New York, March 10 (IANS) US stocks rose Friday as investors embraced positive non-farm payroll reports.The Labor Department reported Friday that the economy added 227,000 jobs in February, more than ... Read more...

Posted in Business |

US stocks higher on positive economic data


March 2nd, 2012 - 12:40 am ICT by IANS
New York, March 1 (IANS) US stocks traded higher Thursday after the latest economic data affirmed the US economy is picking up, Xinhua reported.The labor department said the number of ... Read more...

Posted in Uncategorized |

US stocks jump on encouraging jobs data (Lead)


February 24th, 2012 - 8:19 am ICT by IANS
New York, Feb 24 (IANS) US stocks jumped Thursday after government report showed that the jobs market was steadily improving.The Dow Jones industrial average gained 46.02 points, or 0.36 percent, ... Read more...

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US consumer prices go up


February 18th, 2012 - 2:08 pm ICT by IANS
Washington, Feb 18 (IANS) Consumer prices in the US ticked up 0.2 percent in January, reported the Labor Department Friday.The Consumer Price Index (CPI), which tracks inflation at the retail ... Read more...

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US stocks mixed amid euro concerns


February 16th, 2012 - 10:32 pm ICT by IANS
New York, Feb 16 (IANS) US stocks opened mixed Thursday amid positive data and euro concerns.The Labor Department said initial claims for state unemployment benefits last week dropped 13,000 to ... Read more...

Posted in Business |

US stocks little changed after Greece deal


February 10th, 2012 - 3:05 am ICT by IANS
New York, Feb 10 (IANS) US stocks traded in a very narrow range around the breakeven line Thursday as investors felt little thrilled after Greek political leaders had agreed on ... Read more...

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US job openings increased in December 2011


February 8th, 2012 - 2:14 pm ICT by IANS
Washington, Feb 8 (IANS) US job openings increased in December 2011, a positive sign of improving job market, the Labor Department reported. The number of job openings in December was ... Read more...

Posted in Business |

Oil rises on positive US jobs data


February 4th, 2012 - 5:28 pm ICT by IANS
New York, Feb 4 (IANS) Crude oil prices rose as the US jobs data for January came in better than expected, Xinhua reported.The Labor Department reported that US non-farm jobs ... Read more...

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US annual inflation highest since 2007


January 20th, 2012 - 12:02 pm ICT by IANS
Washington, Jan 20 (IANS/EFE) US consumer prices rose 3 percent in 2011, the largest annual increase in four years, the Labor Department said Thursday.So-called core inflation, which excludes volatile food ... Read more...

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US stocks end higher amid European optimism (Lead)


January 13th, 2012 - 6:03 am ICT by IANS
New York, Jan 13 (IANS) US stocks ended higher Thursday as news from the Europe helped lift the market despite weak US economic data, reports Xinhua.The Dow Jones industrial average ... Read more...

Posted in Business |

US stocks mixed amid tepid data


January 13th, 2012 - 2:42 am ICT by IANS
New York, Jan 13 (IANS) US stocks traded mixed Thursday as US economic data worried investors, but news from Europe provided support.The US Commerce Department said total retail sales increased ... Read more...

Posted in Business |

Obama urges US firms to bring jobs home


January 12th, 2012 - 3:51 am ICT by IANS
Washington, Jan 12 (IANS) US President Barack Obama Wednesday urged US companies to invest in America and bring jobs home, calling insourcing jobs a smart strategy."We have heard from ... Read more...

Posted in Business |

U.S. unemployment rate drops to 8.5 percent, lowest in almost 3 years


January 7th, 2012 - 11:55 pm ICT by BNO News
WASHINGTON, D.C. (BNO NEWS) -- The unemployment rate in the United States in December fell to 8.5 percent, its lowest level in nearly three years, the U.S. Labor Department (DOL) announced on ... Read more...

Posted in Business |

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