It’s a Slow Economic Recovery, More Data Show
Zoonar/Thinkstock(WASHINGTON) — Two new pieces of info about the U.S. economy out Friday add to the pile of data indicating a frustratingly slow economic recovery.Americans spent more in August even though their income barely grew, the Commerce Depart…
US Economy Created More Jobs Than Previously Estimated
iStockphoto/Thinkstock(WASHINGTON) — The Bureau of Labor Statistics (BLS) released an early look at its annual “benchmark revision” on how many jobs were added in the U.S. economy. It turns out that 386,000 more Americans had jo…
Jobless Claims Fall to 359,000
Spencer Platt/Getty Images(WASHINGTON) — Jobless claims continued to drop last week, falling by 26,000, according to the latest figures from the U.S. Labor Department.For the week ending Sept. 22, the number of people filing for benefits fell to 359,0…
Toys R Us to Hire 45,000 Workers for Holiday Shopping Season
Mario Tama/Getty Images(NEW YORK) — As the end of the year approaches, retailers are revving up for the holiday shopping season. And for some, that means adding on to payrolls to help deal with the influx of customers.Toys R Us is the latest big…
Are You Smart Enough to Work at Google?
KIMIHIRO HOSHINO/AFP/Getty Images(NEW YORK) — How much toilet paper would you need to cover Texas? How many vacuum cleaners are made a year? Can you swim faster in water or in syrup? How would you weigh your head?If your answer to th…
Wal-Mart to Hire More Than 50,000 Seasonal Workers
Justin Sullivan/Getty Images(NEW YORK) — Wal-Mart is getting into the spirit of the season by hiring thousands of temporary workers for the holidays. The big-box retailer says it will offer more hours to current employees, and bring in more than 50,00…
Wal-Mart to Hire More Than 50,000 Seasonal Workers
Justin Sullivan/Getty Images(NEW YORK) — Wal-Mart is getting into the spirit of the season by hiring thousands of temporary workers for the holidays. The big-box retailer says it will offer more hours to current employees, and bring in more than 50,00…
Twelve Colleges Whose Payoff in Pay Beats Harvard’s
State University of New York Maritime College(NEW YORK) — Graduate from Harvard and your friends and family may be impressed. Graduate from Loma Linda University, and you’ll get a better-paying job.
According to PayScale, which tracks college graduate…
Will a Federal Prisoner Steal Your Job?
Comstock/Thinkstock(NEW YORK) — It’s hard to compete with workers willing to take pay as low as 23 cents an hour. Do we mean workers in Mexico or China? No. We mean Americans in federal prisons. An Alabama clothing-maker recently found out just how ha…
Kohl’s to Add Over 50,000 Seasonal Jobs
Victor J. Blue/Bloomberg via Getty Images(NEW YORK) — As the holiday shopping season approaches, job seekers across the country hope retailers are ready to ramp up hiring. Fortunately for them, Kohl’s Department Stores isn’t wasting any time.Kohl’s sa…
US Indexes Remain Flat; Home Builders Index Jumps
Hemera/Thinkstock(NEW YORK) — U.S. stock markets were essentially flat Tuesday. The Dow ended the day only slightly higher, while the S&P and Nasdaq inched lower. The Dow added 12 points, closing at 13,564.64. The S&P and Nasdaq los…
Fed 2012 GDP Growth Forecast Worsens; Unemployment Forecast Unchanged
Chip Somodevilla/Getty Images(WASHINGTON) — Among its announcements Thursday was the Fed’s prediction for unemployment, GDP growth and inflation rates. The Federal Reserve still thinks unemployment won’t fall below eight percent this year.&…
Job Stress Linked to Increased Heart Attack Risk
Goodshoot/Thinkstock(NEW YORK) — “It’s true, hard work never killed anybody, but I figure, why take the chance?” former President Ronald Reagan quipped at the Gridiron Dinner in 1987.Reagan may have been onto something. A new review of research, publi…
Jobless Claims Rise to 382K, Tropical Storm Isaac Partly to Blame
Spencer Platt/Getty Images(WASHINGTON) — Coming off the heels of a dismal jobs report, claims for unemployment benefits jumped by 15,000 during the first week of September, according to figures released Thursday by the Labor Department.For the week en…
Ryan Says Obama Is ‘Not a Bad Guy,’ But ‘Bad at Creating Jobs’
Alex Wong/Getty Images(SPARKS, Nev.) — Traditionally the No. 2 on a presidential ticket is the attack dog, and Paul Ryan in recent days has been going after the president pretty hard. But Friday the GOP vice presidential candidate lodged his attack b…
Stocks Edge Higher Despite Flat Jobs Report
Hemera/Thinkstock(NEW YORK) — It appears investors were able to shake off a dreary monthly jobs report. On Friday, the indexes traded in a narrow range for the session and ended the week with modest gains. The Dow added 0.1 percent and closed up …
Jobs Report ‘Not Good Enough,’ President Obama Says
JIM WATSON/AFP/Getty Images(PORTSBOUTH, N.H.) — President Obama said Friday’s news that the economy added just 96,000 jobs last month was “not good enough” and that “we need to create more jobs faster” to recover from the…
Unemployment Rate Falls to 8.1% as 96K Jobs Added in August
Tim Boyle/Getty Images(WASHINGTON) — U.S. employers added 96,000 jobs to their payrolls last month, falling short of expectations, the Labor Department reported Friday morning. Economists had expected to see around 125,000 jobs added in Augus…
Friday’s Jobs Report: Some Perspective on the Numbers
Jupiterimages/Thinkstock(NEW YORK) — A total of 96,000 jobs were added in August, and the unemployment rate edged down to 8.1 percent, according to the Labor Department’s report released Friday. Since the beginning of 2012, the unemployment rate…
Friday’s Jobs Report: Some Perspective on the Numbers
Jupiterimages/Thinkstock(NEW YORK) — A total of 96,000 jobs were added in August, and the unemployment rate edged down to 8.1 percent, according to the Labor Department’s report released Friday. Since the beginning of 2012, the unemployment rate…