employment data

Unemployment Rates Fall in Half of Large U.S. Cities

Unemployment rates declined last month in more than half of the 372 largest U.S. cities, further evidence of steady improvement in the job market. The Labor Department says rates fell in 201 metro areas. They rose in 116 and were unchanged in 55.

Unemployment Fell in 43 States in November

Unemployment rates fell in 43 states in November, reflecting a modest pickup in the nation's job market. Nationally, the unemployment rate dropped in November to 8.6%, the lowest since March 2009.

May Was Brutal Month for Jobs Growth

New government data shows that the U.S. added just 54,000 new jobs in May, far less than what economists were expecting. The news, which sent the jobless rate up to 9.1%, sent stocks lower on Wall Street.

U.S. Employment Figures Buoy Nikkei, Buffett's BYD Boosts Hang Seng

A slight slip in the price of oil allowed Japanese investors to focus attention on positive employment figures out of the U.S., boosting the Nikkei 225 Index by 0.9%. In Hong Kong the Hang Seng also Index added 0.3%, while the Shanghai Composite Index edged down 0.4%.

Initial Jobless Claims Fall 11,000 to 457,000

Initial jobless claims fell 11,000 to a seasonally adjusted figure of 457,000 in the week ending July 24. The revised figure for the previous week was 468,000. The four-week moving average, a clearer measure of unemployment trends, fell 4,500 to 452,500, the Department of Labor said in a statement.

Microsoft May Make New Round of Job Cuts

Microsoft may make a new round of job cuts, according to Seattle technology news site Tech Flash. The technology giant may axe workers as soon as tomorrow, Tech Flash reported without naming its sources. The company often adjusts its product teams at the start of the new fiscal year.

Daily Blogwatch: Is Apple a Short?

Some of Thursday's best online stories for investors: Is the Gulf disaster spilling into Obama's approval ratings? Is Apple (AAPL) really selling three iPads a second? And could tomorrow's employment report be the best since 1983?