| Jul 2, 2014
| 6:45 AM
Private employers added a surprisingly strong 281,000 net new jobs in June, the most since late 2012, payroll firm Automatic Data Processing Inc. said Wednesday.
The figure was up sharply from 179,000 in May and is a positive sign heading into Thursday'...
| Jun 2, 2014
| 11:25 AM
Factory growth accelerated last month and did not slow down as initially reported Monday by the Institute for Supply Management, which twice corrected its closely watched purchasing managers index.
The revisions roiled financial markets because they...
| Jun 2, 2014
| 2:17 PM
Stocks closed mostly higher on a quiet Monday following two reports that showed the manufacturing industries of the world's two largest economies expanded last month.
Both the Dow Jones industrial average and the Standard & Poor's 500 index were able to...
| Jun 4, 2014
| 6:24 AM
Private-sector job growth slowed in May to 179,000, the lowest level since January, payroll firm Automatic Data Processing said Wednesday.
The figure was below analyst expectations for 210,000 net new jobs. ADP also revised down its April estimate by 5,...
| Jun 5, 2014
| 7:00 AM
Despite a modest increase last week in initial claims for unemployment benefits, the average during the past month was the lowest since 2007 in a positive sign ahead of Friday's jobs report.
First-time jobless claims rose to 312,000 in the week ended...
| Jul 3, 2014
| 8:30 AM
Major media congloms rode the enthusiasm on Wall Street Thursday as the Dow Jones Industrial Average topped 17,000 for the first time, propelled by a better-than-expected jobs report for June.
As the nation prepares to celebrate Independence Day on...
| Jun 19, 2014
| 11:31 AM
Illinois unemployment fell for the third straight month in May, bringing unemployment down to its lowest level since November 2008, according to preliminary data released Thursday by the Bureau of Labor Statistics and the Illinois Department of Employment...
| Jun 26, 2014
| 5:54 AM
Fed's Lacker says labor market changes structural, not cyclicalLynchburg, Va., June 26 (Reuters) - U.S. labor market data since 2008 reflects structural trends rather cyclical changes, a Federal Reserve official said on Thursday, adding that there seems...
| Jun 29, 2014
It was the worst U.S. economic calamity since the 1930s.
Over 18 months, the Great Recession erased trillions of dollars in wealth, destroyed 8 million jobs and robbed tens of thousands of their homes. More than half of adults lost a job or saw a cut in...
| Jun 6, 2014
| 8:17 AM
After adding 217,000 net new jobs last month, the U.S. economy has recovered all the positions lost during the Great Recession. But economists warned that the news Friday from the Labor Department was no real reason to celebrate.
| Jul 1, 2014
A new study that analyzed advertised job openings in the first quarter of 2013 gave a mixed picture about whether the Chicago area suffers a shortage of workers with science and engineering backgrounds.
In the Chicago region, it took an average of 44...