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| US private sector adds 128,000 jobs in Oct |
11/1/2009 |
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U.S. private employers likely added 128,000 jobs in October, above economists' forecasts, a survey by a private employment service said on Wednesday.
From July through October, estimated job growth in the survey has averaged about 0.1 percent, said ADP Employer Services, whose employment re...
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| Senate Rejects Bid to Raise Minimum Wage |
6/21/2009 |
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The Republican-controlled Senate smothered a proposed election-year increase in the minimum wage Wednesday, rejecting Democratic claims that it was past time to boost the $5.15 hourly pay floor that has been in effect for nearly a decade.
The 52-46 vote was eight short of the 60 needed...
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| Unemployment rate slipped to a five-year low of 4.6 percent |
6/2/2009 |
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U.S. employers added only 75,000 new jobs in May, far fewer than expected, but the unemployment rate slipped to a five-year low of 4.6 percent, the Labor Department said on Friday.
Outside of the drop in the jobless rate, the weak tone of the report led financial markets to slash bets of fu...
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