A gauge of the job market rose in May for the ninth straight month, indicating that a disappointing May jobs report released by the government last week may be a one-off, a research group said on Monday.
U.S. stocks could face more pressure this week unless investors get some relief from worries about Europe, jobs and the toll they might take on the economic recovery.
U.S. stocks could face further pressure next week unless investors get some relief from worries about Europe, jobs and the toll they might take on the economic recovery.
Wal-Mart Stores Inc plans to buy back $15 billion more of its shares and expects to add over 500,000 employees in the next five years as it increases its global presence.
Stocks cascaded to their lowest close since February on Friday after May's jobs figure slammed investors already reeling from worry over another developing debt crisis, this time in Hungary.
Stocks cascaded to their lowest close since February on Friday after May's jobs figure slammed investors already reeling from worry over another developing debt crisis, this time in Hungary.
Stocks sank on Friday after the economy added fewer-than-expected jobs in May, while a possible new debt crisis in Hungary added to the gloom.
President Barack Obama said on Friday the gain of 431,000 jobs in May is a sign the economy is getting stronger, although there will still be ups and downs going forward.
Wal-Mart Stores Inc will add more than 500,000 employees in the next five years as it increases its global presence, even as it works to improve sluggish U.S. sales, CEO Mike Duke said on Friday.
The most worrisome number in Friday's disappointing U.S. employment report may be 6,600.
U.S. stocks fell 2 percent on Friday as a disappointing May payrolls report and another possible debt crisis, this time in Hungary, intensified fears about the stability of the economic recovery.
Stocks fell sharply on Friday after the May payrolls report showed private hiring was much lower than expected, raising fears about the strength of the economic recovery.
Corrects number of private jobs created in April in 5th paragrap
Stock index futures fell on Friday, tracking European equities and the euro as investor worries intensified over the sovereign debt crisis in the region.
Stock index futures fell on Friday, tracking European equities and the euro lower, as investors looked ahead to the May non-farm payrolls report that could signal the pace of an economic recovery.
World stocks hovered just off two-week highs on Friday and the dollar clung to recent gains ahead of U.S. jobs data that is widely expected to show recovery is gathering pace in the world's largest economy.
The U.S. dollar and Asian stocks held on to recent gains on Friday ahead of a report expected to show the highest U.S. jobs growth since 1983, supporting a cautious shift back into riskier assets this week.
Private sector employers added jobs in May and the economy's dominant services sector increased payrolls for the first time in more than two years, building evidence that the labor market was picking up steam.
U.S. stock index futures pointed to a higher opening on Thursday as two reports on the labor market reinforced optimism that Friday's monthly payrolls data would be strong.
Private employers added 55,000 jobs in May, compared with an upwardly revised gain of 65,000 in April, a report by a payrolls processor showed on Thursday.
A gauge of online demand for labor in the United States rose in May for the fourth straight month to the highest level since November 2008, a private research group said on Thursday.
Stock index futures pointed to a higher opening on Thursday on hopes that an upcoming report on the labor market will show improvement in the economy.