hiring outlook

U.S. Stocks Keep Rising as S&P 500 Nears Record High

Encouraging news from the job market pushed the stock market up early Thursday, putting the Standard & Poor's 500 index near its all-time high. The S&P 500 rose seven points to 1,561 -- just four points away from the high it hit in October 2007 -- before retreating marginally after 10 a.m.

Unemployment Falls to 7.7% as Employers Get Back to Hiring

U.S. employers ramped up hiring in February, adding 236,000 jobs and pushing the unemployment rate down to 7.7 percent from 7.9 percent in January. Stronger hiring shows businesses are confident about the economy, despite higher taxes and government spending cuts.

Some Fed Officials Worried Bond Purchases May Fuel Inflation

Several Federal Reserve policymakers warned last month that the Fed's plan to keep buying $85 billion in bonds each month until the job market is healthy could eventually escalate inflation, unsettle financial markets or cost the Fed money when it sells its investments.

Initial Jobless Claims Fall by 25,000 as Sandy's Effect Wanes

The number of Americans filing new claims for unemployment benefits fell for a third straight week last week, but still remain too volatile to offer a clear signal on labor market conditions. Initial jobless claims dropped 25,000 to a seasonally adjusted 370,000.

Initial Jobless Claims Plunge as Sandy Continues to Distort Data

The number of people seeking U.S. unemployment benefits fell sharply by 41,000 last week to a seasonally adjusted 410,000, though the figure was elevated for the second straight week by Superstorm Sandy. But employment should rebound after the impact of the storm passes.

FedEx Delivers Bad News on the U.S. Economy

On Monday, FedEx delivered some rough news to its employees: With profits down and cargo volume dropping, the company is going to tighten its belt and jettison some crewmen. Viewed in isolation, this might not seem like big news. But in context, it's a bad sign for for the U.S. economy.

U.S. Worker Productivity Up Just 1.6 % in Second Quarter

U.S. companies got slightly more out of their workers this spring after scaling back on hiring. The modest 1.6 percent annualized gain in productivity from April through June signals employers may need to hire more if demand picks up.

U.S. Economic Growth Slowed to 1.5% in Second Quarter

The U.S. economy grew at an annual rate of just 1.5 percent from April through June, as Americans cut back sharply on spending. The slowdown in growth adds to worries that the economy could be stalling three years after the recession ended.

Initial Jobless Claims Hit a 5-Week High

The number of Americans seeking unemployment benefits rose last week to a five-week high, evidence that the job market remains sluggish. The Labor Department said weekly applications for unemployment aid rose 10,000 to a seasonally adjusted 383,000.

New Unemployment Aid Applications Hold Steady

The number of people seeking unemployment benefits was unchanged last week at 370,000, a number low enough to suggest steady gains in the job market. Applications for benefits are near the lowest levels in four years.

Initial Jobless Applications Hover Near Four-Year Lows

Slightly more people applied for U.S. unemployment benefits last week. But the overall initial jobless claims level stayed near last week's rate, which was the lowest in four years -- and low enough to suggest the job market is strengthening.

Top 4 Staffing Stocks for an Improving Economy

The U.S. economy has suddenly shifted into a higher gear, and "help wanted" signs are popping up at many more companies. That's great news for the whole staffing industry, but these four firms could benefit more than most.

Unemployment Claims at 352,000, Fewest Since 2008

The number of people seeking unemployment benefits plummeted last week to 352,000, the fewest since April 2008. The decline added to evidence that the job market is strengthening. Applications fell 50,000, the biggest drop in the seasonally adjusted figure in more than six years, the Labor Department said Thursday.

Unemployment Rate Falls to 8.5%, Hiring Surges

A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the end of 2011. The Labor Department said Friday that employers added a net 200,000 jobs last month and the unemployment rate fell to 8.5 percent, the lowest since February 2009. The rate has dropped for four straight months.

Job Market Brightens as Unemployment Claims Sink

Far fewer people are seeking unemployment benefits than just three months ago %u2014 a sign that layoffs are falling sharply. The number of people applying for benefits fell last week to 366,000, the fewest since May 2008. If the number stayed that low consistently, it would likely signal that hiring is strong enough to lower unemployment.

Survey: CEOs Foresee No Pickup in Hiring

Two-thirds of chief executives of the largest U.S. companies don't plan to hire in the next six months, mainly because of sluggish growth in the United States and financial turmoil in Europe. The Business Roundtable says that about one-third of its member CEOs expect to add employees and spend more on large equipment in the next six months.

10 Hard Facts About America's Economic Recovery

As President Obama took part in his first-ever Twitter-facilitated town hall, jobs and the economy were high on the agenda. In line with those themes, the nonpartisan Economic Policy Institute held a little get-together of its own to outline 10 key facts about the recovery and what's really wrong with the economy.