Jobs Friday clashes with March Fed meeting

It’s Jobs Friday. That means the monthly Wall Street guessing game, “Will they or won’t they hike?” will kick off after the federal government lets the world know how many

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Yahoo to lay off 15% of workforce amid $400M cost-cutting

Struggling search engine company Yahoo Inc. said it plans to cut about 15% of its workforce as part of a $400 million cost-cutting effort intended to “simplify” the troubled Internet

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Hiring, quits hit 9-year highs in December

The number of Americans hired and the total quitting jobs both surged to nine-year highs in December, reflecting a more dynamic labor market that’s starting to push up wages. Job

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Shell plans 2,800 job cuts as U.S. oil around $35

Shell says it is cutting 2,800 jobs in a pre-planned administrative move as plunging oil prices find a floor. The oil giant says in a release Monday that the job

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Jobs report could get Fed to pull the trigger

Whether the Federal Reserve pulls the trigger on an interest rate hike next month at its final meeting of the year could hinge on how many jobs the U.S. economy

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Applications for unemployment benefits fell 6,000 last week

Fewer Americans applied for unemployment benefits last week, keeping this key indicator of labor market health near historic lows. The Labor Department said Thursday that weekly applications for unemployment benefits

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Employers added 173,000 jobs in Aug., jobless rates falls to 5.1%

Payroll growth slowed in August as employers added 173,000 jobs in a key report that could help the Federal Reserve decide whether to raise interest rates later this month. The

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Applications for unemployment aid plunge to 42-year low

The number of Americans filing initial applications for unemployment benefits fell to a 42-year low last week in the latest sign the labor market is poised for further gains. First-time

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Jobless claims rise to highest level since February

The number of people seeking unemployment benefits rose last week to the highest level since late February. But the increase likely reflected temporary auto plant shutdowns rather than any underlying

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Robust jobs report could instill confidence

Due to the Fourth of July market shutdown Friday, the monthly employment report dubbed “Jobs Friday” will be renamed “Jobs Thursday.” But the latest update on the health of the

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