The key 4-week moving average - which screens out anomalies like holidays, strikes and weather events - also decreased by 2.75K to 345,750.
The unemployment rate for high school grads is 7.4 percent, and for recent college grads, it’s 7.9 percent.
With two straight quarters of negative GDP, Europe’s second largest economy announced that it has tipped back into a recession.
After the Blackhawks' Stanley Cup victory, Chicago woke up very unproductive -- and that can be costly.
U.S. Treasury yields registered their biggest increase in 30 months -- on sentiment that high unemployment will fall sooner than expected.
U.S. stock index futures edge higher ahead of the outcome of the Federal Open Market Committee's two-day meeting, which began Tuesday.
The Ministry of Defense announced around 5,000 British soldiers are now out of a job.
The latest European Union inflation and unemployment data show the continent's economy is still struggling to recover.
Kenyan MPs agreed to cut their annual salaries, but gained many other financial perks and fringe benefits.
The decline by 12,000 to 334,000 in the latest week suggests that while hiring still is not robust, company layoffs are subsiding.
The UK’s economy may be starting off a strong recovery, with an encouraging boost from the latest series of economic indicators.
U.S. stock futures point to a higher open on Monday after surging in the previous session on the back of strong employment data from the U.S.
Riskier auto financing is on the rise, as are repos, but the market seems OK with that -- for now.
The May jobs report suggests the economy is stronger than it was nine months ago when the Fed launched its third round of monetary easing.
The old “soft patch” excuse is again being used to explain the inexplicable failure of Obama's administration to create jobs.
The city of Philadelphia, Penn., may be 10,000 miles away from Bangladesh, but as soon as I heard about the building collapse in the city of Brotherly Love, I immediately thought about the disaster at the garment factory in Dhaka in April, which claimed more than 1,100 lives.Yes, the scale of the tragedy in Philadelphia was far smaller -- six dead and about a dozen people injured -- but as hard as it might be to believe, parts of Philadelphia and the impoverished Third World country of Bangladesh have much in common.
U.S employers created more jobs than nearly all Wall Street analysts had expected, a key signal the economy is in recovery mode.
If job creation is weak in May, it could reignite fears that the U.S. economy is headed into a fourth straight mid-year slowdown.
So far in 2013, the overall U.S. unemployment rate has fallen 0.4 percentage points, from 7.9 percent in January to 7.5 percent in April.
The latest stat confirms a tapering of layoffs by employers -- historically a good sign for the U.S. economy.
France jobless figures were released on Thursday, showing unemployment up to 10.8 percent from 10.5 percent in the first quarter last year.
The prospect that the U.S. central bank will turn off its monetary spigot hangs like a specter over this week’s economic reports.