| Jan 7, 2015
| 5:49 AM
Private-sector job growth accelerated in December with U.S. businesses adding 241,000 net new jobs, payroll firm Automatic Data Processing said Wednesday.
The figure was an increase from 227,000 in November, which was revised up from an initial estimate...
| Dec 17, 2014
| 11:15 AM
The Federal Reserve signaled Wednesday that its first interest rate hike in eight years is approaching as policymakers stopped indicating that short-term rates would remain near zero for “a considerable time.”
Instead, the Fed said in a...
| Dec 18, 2014
| 9:14 AM
Initial jobless claims fell more than expected last week, underscoring an improved labor market.
First-time applications for unemployment benefits fell 6,000 from the previous week to 289,000, the Labor Department said Thursday. Economists had...
| Dec 18, 2014
| 5:12 PM
Connecticut's economy is roaring, with 4,600 jobs added in November, 4,300 added in October, and more than 25,000 new jobs in the past 12 months, according to a report released Thursday.
The last time the state's job base grew by more than 25,000 was in...
| Dec 19, 2014
| 8:16 AM
California employers added more than 90,000 jobs in November, one of state's largest monthly employment gains in more than a decade, according to federal data.
The state unemployment rate dropped to 7.2%, down from 7.3% last month. That's still...
| Dec 22, 2014
| 10:39 AM
Illinois hasn't escaped the clutches of the Great Recession.
Since the end of the recession more than five years ago, the state's economic performance has been disappointing. In particular the labor market has improved quite slowly, despite increased...
| Dec 24, 2014
| 6:46 AM
Initial jobless claims fell last week to 280,000, continuing the positive momentum for the labor market as the year ends, the Labor Department said Wednesday.
The closely watched figure was down 9,000 from the previous week's revised level.
| Dec 29, 2014
The biggest Lehigh Valley business stories of 2014 involved the region's biggest businesses.
The Morning Call reported in March that PPL Corp., one of the two Fortune 500 companies based in the Lehigh Valley, was poised to unload PPL Supply. In June,...
| Dec 30, 2014
| 11:52 AM
The Lehigh Valley employment picture is heading into 2015 in better shape than last year.
Seasonally adjusted unemployment dipped a fourth straight month in November for the four-county metro region, according to government data released Tuesday....
| Dec 3, 2014
| 6:04 AM
American companies added 208,000 net new jobs in November, posting another solid though slightly disappointing month of labor market gains, payroll firm Automatic Data Processing said Wednesday.
The figure was down from an upwardly revised 233,000...
| Dec 5, 2014
| 2:05 PM
A strong jobs report boosted U.S. and European stocks Friday, and leaving the Dow Jones industrial average just short of the 18,000 mark.
The main focus in the markets was the monthly hiring numbers. The Labor Department said U.S. employers added 321,...