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US Labor Department News

02 Sep 2016

US creates weaker-than-expected 151,000 jobs in August

US job creation slowed in August, the economy adding 151,000 new positions, according to data released Friday by the Labor Department.

04 Jun 2016

US hiring stalls in May; Fed rate hike in question

The Labor Department said Friday that the US economy generated a paltry 38,000 net new positions in May.

04 Dec 2015

US unemployment rate holds at 5.0% on solid job creation

The US economy pumped out 211,000 new jobs in November.

04 Sep 2015

US unemployment falls to 5.1%, lowest since April 2008

The US economy generated a lower-than-expected 173,000 new jobs in August, the government reported Friday, but upward revisions to previous months` data sweetened the picture for hiring across the country.

11 May 2015

Asia shares mostly up after US jobs report, China rate cut

Shanghai jumped 3.04%, or 127.66 points, to 4,333.58 and Hong Kong added 0.51, or 140.86 points, to close at 27,718.20.

08 May 2015

US gains 223,000 jobs in April, jobless rate at 7-year low

The US economy pumped out a solid 223,000 net new jobs in April, rebounding modestly from a dismal March, the Labor Department reported Friday.

07 May 2015

US jobless claims trend at 15-year low

New claims for US unemployment insurance benefits rose modestly last week but the overall trend fell to a 15-year low, the Labor Department reported Thursday.

05 May 2015

Dollar up in Asian trade

The euro bought $1.1141 in late-morning Singapore trade from $1.1146 in New York late Monday, while the dollar climbed to 120.15 yen from 120.14 yen.

02 Apr 2015

US jobless claims fall sharply to 268,000

New claims for US unemployment insurance benefits fell sharply last week, more evidence of a tightening labor market, official data showed Thursday.

26 Mar 2015

Lower US jobless claims suggest solidly improving labour market

The sustained jobs market strength underscores the economy`s solid fundamentals and suggests a recent slowdown in economic activity will be temporary.

19 Feb 2015

US jobless claims fall as labor market gains momentum

The prior week`s data was unrevised. Economists polled by Reuters had forecast claims falling to 293,000 last week.

06 Feb 2015

US economy produces 2,57,000 jobs in January

But the unemployment rate edged up to 5.7 percent from 5.6 percent in December, the Labor Department said Friday.

US unemployment

29 Jan 2015

US jobless claims plunge 14%

New claims for US unemployment insurance benefits plunged to the lowest level in nearly 15 years last week, the Labor Department reported Thursday.

09 Jan 2015

US payrolls rise solidly, but weak wages steal limelight

US job growth increased briskly in December, but wages unexpectedly fell in a sign the tightening labor market has yet to give much of a boost to workers.

22 Oct 2014

US inflation ticks up unexpectedly in September

US consumer prices rose slightly in September, contrary to analysts` expectations, the Labor Department reported Wednesday.

05 Aug 2014

LinkedIn to pay nearly $6 million in US Labor Dept settlement

A Labor Department representative said LinkedIn has mailed the payments to the workers covered by the settlement.

03 Jul 2014

US jobless rate falls to 6.1% in June

Jobs gains were broad-based across industries, with a surge as well in government hiring.

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