Employment
  • Five criteria Obama may weigh in seeking Bernanke successor

    Five criteria Obama may weigh in seeking Bernanke successor

    By Alister Bull and Jeff Mason and Mark Felsenthal, Reuters

    WASHINGTON (Reuters) - In the summer of 2009, with the U.S. economy badly wounded and the nation's financial calamity still a vivid memory, President Barack Obama's closest aides began a vital...

  • Pickup in hiring points to U.S. economic resilience

    Pickup in hiring points to U.S. economic resilience

    By Jason Lange, Reuters

    WASHINGTON (Reuters) - Employers stepped up hiring a bit in May in a show of economic resilience that suggests the Federal Reserve could begin to scale back its monetary stimulus later this year. The...

  • No new cash for garment industry safety in Bangladesh budget

    No new cash for garment industry safety in Bangladesh budget

    By Ruma Paul and Frank Jack Daniel, Reuters

    DHAKA (Reuters) - Bangladesh's finance minister pledged on Thursday to improve safety in the garment industry after a factory collapse killed more than 1,100 people, but he unveiled no new money in...

  • Jobless claims fall, labor market gradually improving

    Jobless claims fall, labor market gradually improving

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to moderate job growth despite slowing economic activity. Initial claims for state...

  • Not just Bangladesh, garment makers pressured in Cambodia as well

    Not just Bangladesh, garment makers pressured in Cambodia as well

    By Prak Chan Thul, Reuters

    PHNOM PENH (Reuters) - As investment in Cambodia's textile industry surges, so is labor unrest, putting pressure on suppliers to the world's big garment brands to raise wages and improve sometimes...