Employment
  • Jobs Report Confirms Economy Is on the Mend

    By Lucia Mutikani, Reuters

    Employers in the U.S. kept up a solid pace of hiring in May, returning employment to its pre-recession level and offering confirmation the economy has snapped back from a winter slump. Nonfarm...

  • U.S. recoups jobs lost in recession as economy picks up

    U.S. recoups jobs lost in recession as economy picks up

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - U.S. employment returned to its pre-recession peak in May with a solid pace of hiring that offered confirmation the economy has snapped back from a winter slump. Nonfarm...

  • Jobless claims data points to strong labor market

    Jobless claims data points to strong labor market

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, but the underlying trend continued to point to a firming labor market. Initial claims for...

  • U.S. private sector adds 179,000 jobs in May: ADP

    U.S. private sector adds 179,000 jobs in May: ADP

    By Reuters

    NEW YORK (Reuters) - U.S. companies hired 179,000 workers in May, marking the lowest monthly increase since January and missing market expectations, a report by a payrolls processor showed on...

  • Economy on solid ground despite cooler hiring

    Economy on solid ground despite cooler hiring

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - U.S. companies hired far fewer workers than expected in May, but an acceleration in services sector growth supported views the economy was regaining strength after sagging...