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Showing 1 - 10 of 148 results for "Labor Department"

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
... million people filed for unemployment in the US this week, in the highest level of claims received by the country's Labor Department in its history. It brings the total number of people that have filed for unemployment in the US to just shy of 10 million ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
The numbers are in, and the US Economic Policy Institute's (EPI) estimate of unemployment claims, if not right on the dot, was way inside the ballpark. EPI estimated 3.4 million workers filed for unemployment in the week ended March 21, that it ...

Competitive forces driving US pension fees down

MARK SMITH  |  WEDNESDAY, 18 MAY 2016
... using plans with high charges has also put the focus on lower-priced options. The Wall Street Journal said a new Labor Department rule that holds financial advisers to higher standards of behavior will likely lead many plans to cut costs. These factors ...

Market to open lower

AAP  |  FRIDAY, 3 JUL 2015
... per cent) to 2,076.78, while the tech-rich Nasdaq Composite Index shed 3.91 (0.08 per cent) at 5,009.21. The US Labor Department reported that the US economy added a solid 223,000 jobs in June. However, the report also said hourly earnings were flat ...

Market Wrap AM

AAP  |  MONDAY, 11 MAY 2015
... Ordinaries index was down 9.4 points, or 0.17 per cent, at 5,635 NEW YORK - Wall Street have stocks surged after the Labor Department reported the US economy added a solid 223,000 jobs in April and unemployment fell to a seven-year low of 5.4 per cent. ...

Market Wrap AM

AAP  |  FRIDAY, 17 APR 2015
... insurance benefits rose to 294,000 last week, their highest level in six weeks and well above estimates, according to Labor Department data. Equity markets in Britain, France and Germany fell sharply on concerns about slow progress in bailout negotiations ...

Market wrap

AAP  |  MONDAY, 9 MAR 2015
... increased prospects of a hike in US interest rates weighed on Wall Street. Strong jobs growth data from the US Labor Department has raised expectations the Federal Reserve will soon lift interest rates. The US economy added 295,000 jobs in February ...

Market Wrap AM

AAP  |  MONDAY, 9 MAR 2015
... rates. At 0812 AEDT on Monday, the March share price index futures contract was down 64 points at 5,826. The Labor Department said the US economy added 295,000 jobs in February, pushing the unemployment rate down two tenths to 5.5 per cent, the lowest ...

Market Wrap AM

AAP  |  MONDAY, 9 FEB 2015
... At 0813 AEDT on Monday, the March share price index futures contract was up six points points at 5,758. The US Labor Department said the US economy added 257,000 jobs in January, better than the 235,000 projected by analysts. The report also included ...

Market wrap AM

AAP  |  FRIDAY, 12 DEC 2014
... improving job market and cheaper fuel. Jobless claims decreased by 3,000 to 294,000 in the week ended December 6, a Labor Department report showed. In local economic news on Friday, the Australian Bureau of Statistics releases October lending finance ...
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