Hiring Booms, but Soft Wages Linger
The U.S. concluded its best year of job growth in 15 years as the unemployment rate fell to a postrecession low last month, signs of strength that mask continued challenges of stagnant wages and a stubbornly high number of Americans still on the sidelines.
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US private job growth accelerates in December: ADP
Economists polled by Reuters are looking for total U.S. employment to have grown by 240,000 jobs in December, down from 321,000 in November, with private-sector hiring seen at 230,000 compared with 314,000 the month before. The unemployment rate is …
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Employment up in 41 states in November
Earlier this month, the Labor Department said the U.S. rate was unchanged at 5.8% as a surge of workers into the labor force, including discouraged workers who had stopped looking for work, offset a rise in employment. State and national payroll …
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Dow sheds 171, stocks in the red again for '15
The market volatility has come in waves as investors around the globe digest the good and bad parts of the U.S. employment report and react to more disappointing manufacturing data out of Germany and France, as well as fears that the European Central …
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