Diabytes
US Labor Department News
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US job creation slowed in August, the economy adding 151,000 new positions, according to data released Friday by the Labor Department.
The Labor Department said Friday that the US economy generated a paltry 38,000 net new positions in May.
The US economy pumped out 211,000 new jobs in November.
The US economy generated a lower-than-expected 173,000 new jobs in August, the government reported Friday, but upward revisions to previous months` data sweetened the picture for hiring across the country.
Shanghai jumped 3.04%, or 127.66 points, to 4,333.58 and Hong Kong added 0.51, or 140.86 points, to close at 27,718.20.
The US economy pumped out a solid 223,000 net new jobs in April, rebounding modestly from a dismal March, the Labor Department reported Friday.
New claims for US unemployment insurance benefits rose modestly last week but the overall trend fell to a 15-year low, the Labor Department reported Thursday.
The euro bought $1.1141 in late-morning Singapore trade from $1.1146 in New York late Monday, while the dollar climbed to 120.15 yen from 120.14 yen.
New claims for US unemployment insurance benefits fell sharply last week, more evidence of a tightening labor market, official data showed Thursday.
The sustained jobs market strength underscores the economy`s solid fundamentals and suggests a recent slowdown in economic activity will be temporary.
The prior week`s data was unrevised. Economists polled by Reuters had forecast claims falling to 293,000 last week.
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But the unemployment rate edged up to 5.7 percent from 5.6 percent in December, the Labor Department said Friday.
New claims for US unemployment insurance benefits plunged to the lowest level in nearly 15 years last week, the Labor Department reported Thursday.
US job growth increased briskly in December, but wages unexpectedly fell in a sign the tightening labor market has yet to give much of a boost to workers.
US consumer prices rose slightly in September, contrary to analysts` expectations, the Labor Department reported Wednesday.
A Labor Department representative said LinkedIn has mailed the payments to the workers covered by the settlement.
Jobs gains were broad-based across industries, with a surge as well in government hiring.
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