Shares rise in Europe and Asia, adding to gains chalked up after last week’s stimulus package from the European Central Bank, as investors turn their attention to policy decisions from Washington, Tokyo and London.
America’s main measure of joblessness held steady at 4.9 percent and businesses added 242,000 employees to their payrolls, the Bureau of Labor Statistics said Friday.
In February, the U.S. economy is expected to have added 190,000 jobs — up from a preliminary reading of 151,000 in January.
Part of the extra $21.8 million will be spent on new reception centers, where unaccompanied children can link up with relatives in the U.K.
Claims for benefits unexpectedly rose last week, but the underlying trend continues to point to a strengthening labor market.
As a corrupt government lurks in the background, a new, homegrown initiative is promising jobs, education and other opportunities for impoverished Somalis.
The number of jobless people in the 19-nation bloc continued to drop in January, as robust German growth offset high unemployment in Spain and Greece.
Singapore is expected to report on January inflation Tuesday, when Hong Kong is to report on inflation and employment.
San Francisco Federal Reserve President John Williams also said that inflation was “too low,” but expected it to reach the Fed’s 2 percent goal within the next two years.
Initial claims for state unemployment benefits decreased 7,000 to a seasonally adjusted 262,000 -- the lowest reading since November.
The island nation’s economy contracted more than expected in the fourth quarter of 2015, as cooling demand from China, its biggest market, hurt exports.
The signs of a robust jobs market could ease concerns about the health of the U.S. economy, which were underscored by other reports showing a drop in small business confidence
January marked "the first time the unemployment rate has dipped below 5 percent in almost eight years,” the president said. “Americans are working.”
The country’s Labor Ministry predicted that unemployment will hit 6 percent this year, as sanctions and the low price of oil take their toll.
The overall unemployment rate in the eurozone fell to a five-year low in December, the EU’s statistics office Eurostat announced Tuesday.
A survey of 51 economists by the Financial Times now pegs the chances of the U.S. economy sinking into recession at 20 percent.
The North African nation's frustrated and jobless youth are susceptible to extremists like the Islamic State group, observers say.
After years of near-zero interest rates and monetary easing, Fed Chair Janet Yellen has few conventional tools left if the economy takes a downturn.
With markets reeling, Wall Street's top banks are fretting over a coming recession. Bank of America put the odds at 1 in 5.
Whether a new recession looms remains to be seen. But this much is known: One investor’s bear market is another’s buying opportunity.
Some experts say the U.S. is heading for another economic downturn, but that doesn't mean it's time to panic. Here are some steps you can take to protect yourself.
Despite the grim global economic outlook and weak U.K. manufacturing data in recent months, the country's unemployment rate has been in consistent decline.