theGRIO REPORT - The Department of Labor has released updated employment numbers, and during the month of May the overall unemployment rate has risen ...
WASHINGTON (AP) — U.S. employers extended a healthy streak of hiring in February by adding 295,000 jobs, the 12th straight monthly gain above 200,000. It w…
WASHINGTON (AP) — The U.S. economy grew at a sizzling 5 percent annual rate last quarter, the fastest since 2003, fueled by consumer and business spending.
WASHINGTON (AP) — In a burst of hiring, U.S. employers added 248,000 jobs in September and helped drive down the unemployment rate to 5.9 percent, the lowest since July 2008.
theGRIO REPORT - One man changed his name from José to Joe on job applications and started landing more job offers.
There were several economic reports for market investors to sift through last week. Retail sales were flat in July due to weaker auto sales. Small business optimism improved in July as businesses planned to hire. Regarding hiring, the number of job openings grew in June. In an interesting observation, the number of workers quitting their jobs rose as well. Quitting a job is considered a sign of confidence in the labor market.
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week to the highest level since February, a dose of mixed news for an economy that appears to be gaining momentum.