Job Growth
Fed holds course amid government spending cuts
Mar 20, 2013 16:39 EDT
The Federal Reserve kept its easy monetary policies in place Wednesday, saying high unemployment and the government's sharp spending cuts remain barriers to full recovery from the 2008 crash.
Fed warns US spending cuts could hit growth, jobs
Mar 20, 2013 14:57 EDT
Federal Reserve Chairman Ben Bernanke warned Wednesday that broad-based US government spending cuts could curb the economic and jobs recovery.
Canada's finance minister to unveil budget on March 21
Mar 14, 2013 17:34 EDT
Canadian Finance Minister Jim Flaherty will unveil his next budget on March 21, he announced on Thursday.
Australia adds most jobs in almost 13 years
Mar 14, 2013 02:20 EDT
Australian monthly jobs growth hit a near 13-year high in February, an "extraordinary" result that helped keep the unemployment rate steady and eased pressure on the central bank to cut rates.
Australia jobs creation smashes forecasts
Mar 14, 2013 01:09 EDT
Australia created seven times more jobs than expected in February, a surprise result that helped keep the unemployment rate steady and take pressure off the central bank to cut interest rates.
US recovery leaving Europe, Japan behind
Mar 08, 2013 15:21 EST
A sharp fall in the unemployment rate Friday and a fresh all-time record for stocks show the US economy pulling away from its peers, gaining ground while Europe and Japan remain stagnant.
US stocks move higher on strong jobs report
Mar 08, 2013 13:02 EST
US stocks moved higher Friday after a surprisingly strong jobs report suggested the economic recovery was on track.
US jobless rate falls to 7.7% as jobs surge
Mar 08, 2013 12:48 EST
The February US jobs report delivered an encouraging surprise Friday, with the unemployment rate slipping to a four-year low and jobs growth picking up in the world's largest economy.
London stocks climb
Mar 08, 2013 12:22 EST
Shares in London strengthened at the end of trade on Friday with traders reacting to positive Chinese economic data and upbeat US jobs data.
US jobless rate falls to 7.7%
Mar 08, 2013 08:48 EST
The US jobs market brightened more than expected in February, with the unemployment rate falling and solid job growth, official data released Friday showed.
US firms added 198,000 jobs in February: ADP
Mar 06, 2013 11:09 EST
The US private sector added about 198,000 new jobs in February, down from January but a bit better than the average of the last six months, payrolls firm ADP said Wednesday.
Obama calls for US manufacturing revival
Feb 16, 2013 07:16 EST
US President Barack Obama called on Saturday for quick congressional action designed to grow the US economy, create jobs and making America a magnet for manufacturing.
Obama wagers second term capital on reform
Feb 12, 2013 21:58 EST
US President Barack Obama staked his second term political capital on a full-bore drive to cut gun crime, reform the immigration system and to ignite economic growth and job creation.
Canada urged to become major arms producer
Feb 12, 2013 14:44 EST
An expert panel on Tuesday urged Canada to leverage hundreds of billions of dollars in planned defense spending to build up its defense sector, in order to bolster its economy.
Obama to talk Afghan withdrawals and jobs in key address
Feb 12, 2013 14:25 EST
President Barack Obama will use his State of the Union address Tuesday to tell Americans he will halve US troop numbers in Afghanistan within a year and propose a second term job creation agenda.
N. Korea blast jolts Obama ahead of State of Union
Feb 12, 2013 10:12 EST
North Korea's nuclear blast Tuesday rudely interrupted President Barack Obama's rollout of his State of the Union address, which is billed as a catalyst for a second-term drive to create jobs.
US weekly jobless claims slip
Feb 07, 2013 08:54 EST
New claims for US unemployment insurance benefits slipped last week to 366,000, still holding roughly in the same range as the past year, the Labor Department reported Thursday.
Australian jobless rate steady at 5.4 percent
Feb 06, 2013 22:42 EST
Australia's jobless rate held steady at 5.4 percent in January, data showed on Thursday, with the economy creating a net 10,400 jobs.
South Africa unemployment drops to under 25%
Feb 06, 2013 05:51 EST
South Africa's jobless rate fell by 0.9 points to 24.9 percent in the fourth quarter of 2012 due to jobs created in the construction and agricultural sectors, the national statistics agency said.
US jobs market shows surprise strength
Feb 01, 2013 16:59 EST
The US jobs market muddled along in January, with slower job growth and an uptick in unemployment, but underlying momentum was surprisingly stronger, official data showed Friday.