In a Rose Garden statement, President Barack Obama Friday said the poor June jobs report was primarily due to the debate in Washington, which has been dominated by issues of debt limit.
Stocks dropped on Friday after weak jobs growth in June dented hopes the economy was emerging from a temporary soft patch, casting doubt on a recent strong run in equity markets.
The June jobs report was disappointing. If you are thinking of starting a small business to create work or opportunity, here's five things you should know.
Stocks dropped on Friday after a weak rise in non-farm payroll jobs in June -- the second month in a row -- dashed hopes the economy was emerging from a temporary soft patch and headed for a rebound.
The world's largest economy continued to create jobs a tepid rate in June, adding just 18,000 jobs, when economists were expected a gain of about 105,000. The sub-par job growth rate increases concern that the economy may enter a double-dip recession.
U.S. employment growth ground to a halt in June, with employers hiring the fewest number of workers in nine months, dousing hopes the economy would regain momentum in the second half of the year.
The June jobs report came in far worse than expected, raising fears about the health of the economy and the sustainability of any recovery.
U.S. job growth in June essentially ground to a halt for a second month running, suggesting a sharp first half slowdown is not merely a blip, as Wall Street economists and Federal Reserve officials had hoped.
Stocks were set to open sharply lower on Friday after the June payrolls report fell short of expectations and dashed hopes the economic recovery had regained speed.
U.S. employment growth ground to a halt in June, with employers hiring the fewest number of workers in nine months, dampening hopes the economy was on the cusp of regaining momentum after stumbling in recent months.
U.S. companies probably stepped up hiring in June as the economy recovers from a stumble in recent months, although job growth is not expected to be strong enough to eat into high unemployment.
Hackers broke into the Washington Post Co's jobs website in two incidents last month, affecting more than a million user IDs and emails, the company said on its website.
Stocks closed sharply higher and the Nasdaq notched an eighth day of gains on Thursday as improved labor market and retail sales data added to optimism a day before the critical June payrolls report.
Stocks rallied on Thursday, with the Nasdaq up for an eighth straight day, as strong labor market and retail sales data lifted optimism a day before the U.S. employment report for June.
Wall Street jumped on Thursday after signs of life in the labor market and strong sales at some U.S. retailers lifted optimism in the economy ahead of Friday's key June jobs report.
Wall Street climbed on Thursday after a report showing a rise in private-sector jobs and strong sales at retailers lifted optimism in the economy.
Stocks climbed on Thursday after a sharp rise in private-sector jobs raised expectations of a solid U.S. employment report for June.
U.S. private employers added far more jobs than expected in June, bouncing back from a surprise slump the month before, a report by payrolls processor ADP showed on Thursday.
Despite recent market volatility and unfavorable labor statistics, second quarter employee confidence over job security, pay raises and the job market has returned to levels last seen in the height of the recession.
President Barack Obama holds a town hall webcast on the economy and jobs on Twitter on Wednesday, but his answers are likely to be longer than the average tweet.
Growth in the U.S. economy's vast services sector remained sluggish in June as new orders fell, but economists said a steady employment reading pointed to job growth later in the year.
The world’s largest train manufacturer, Bombardier, said it will eliminate 1,400 jobs at its plant in Derby in the north of England.