12/10/13 10:10 AM
The number of positions waiting to be filled rose by 42,000 to 3.925 million, the highest since May 2008, from a revised 3.883 million in September, the Labor Department reported Tuesday in Washington. The pace of hiring decreased.
12/09/13 11:07 PM
(www.nasdaq.com) Investing.com - A decision by the Federal Reserve to begin tapering the pace of its monthly asset purchases will become increasingly likely if the.
By Joseph Lawler | 12/06/13 01:59 PM
Federal Reserve Chairman Ben Bernanke in June outlined the planned scenario for bringing an end to quantitative easing. The Fed would begin reducing its monthly bond purchases from $85 billion "later this year," Bernanke said, and ultimately would phase out the program altogether to coincide...
By Joseph Lawler | 12/06/13 12:28 PM
U.S. labor markets continued to show resilience in November, adding 203,000 jobs as the unemployment rate fell from 7.3 percent to 7.0 percent. Friday’s report from the Bureau of Labor Statistics shows job growth slightly higher than last month, and the unemployment rate drifting down close...
By Charles Hoskinson | 12/06/13 12:22 PM
Seeking to draw attention away from the fiasco that Obamacare has become and shore up his flagging popularity, President Obama recently pivoted yet again to a message of economic populism that included calling for a minimum wage increase. "There’s no solid evidence that a higher minimum wage...
12/06/13 12:30 AM
WASHINGTON (AP) — A fourth straight month of solid hiring in November could give the U.S. economy a jolt and signal that the job market may finally be gathering momentum. Economists are forecasting that employers added 180,000 jobs last month, according to a survey by FactSet. That would...
12/05/13 12:45 PM
WASHINGTON (AP) — The leader of House Democrats says her rank and file won't support any year-end budget deal unless it includes plans to extend expiring unemployment benefits for long-term victims of the recession. Rep. Nancy Pelosi of California made the comment today as senior lawmakers...
By Joseph Lawler | 12/05/13 12:33 PM
The U.S. economy grew at a better-than-expected 3.6 annual rate in the third quarter, up from an initial reading of 2.8 percent, the Bureau of Economic Analysis announced Thursday. That beat analysts' expectations, which were for around 3 percent. The report's headline result suggests that the...
By Associated Press | 12/05/13 09:38 AM
Fast-food workers and labor organizers are marching, waving signs and chanting in cities across the country Thursday amid a push for higher wages. Organizers say walkouts are planned in 100 cities, with rallies set for another 100 cities. But it's not clear what the actual turnout will be.
By Associated Press | 12/04/13 10:35 AM
Hundreds of striking Will County employees are getting ready to return to work after union officials say they reached a tentative deal following a more than two-week walkout.
By Byron York | 12/09/13
By Byron York | 12/09/13
By Richard Pollock | 12/06/13
By Byron York | 12/08/13