Labor economy

FILE - In this June 18, 2019, file photo specialist Dilip Patel works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, July 10. (AP Photo/Richard Drew, File)
July 10, 2019 - 11:46 am
Stocks moved higher Wednesday as Wall Street welcomed new signals from the Federal Reserve that the central bank is ready to cut interest rates for the first time in a decade. Fed Chairman Jerome Powell said that many Fed officials believe a weakening global economy and rising trade tensions have...
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(AP Photo/Lee Jin-man)
July 08, 2019 - 6:26 am
BEIJING (AP) — Global stocks tumbled Monday after unexpectedly strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. Benchmarks in London, Frankfurt, Tokyo and Shanghai all declined. Fed leaders have said they are ready to cut rates to support economic growth amid...
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(AP Photo/Lee Jin-man)
July 07, 2019 - 11:38 pm
BEIJING (AP) — Asian stocks tumbled Monday after relatively strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. Benchmarks in Shanghai, Tokyo, Seoul and Hong Kong all declined. Fed leaders have said they are ready to cut rates to support economic growth amid a...
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In this Tuesday, June 4, 2019 photo, job applicants line up at the Seminole Hard Rock Hotel & Casino Hollywood during a job fair in Hollywood, Fla. On Friday, July 5, the U.S. government issues the June jobs report. (AP Photo/Wilfredo Lee)
July 05, 2019 - 11:20 am
WASHINGTON (AP) — U.S. employers sharply stepped up their hiring in June, adding a robust 224,000 jobs, an indication of the economy's durability after more than a decade of expansion. The strength of the jobs report the government issued Friday could complicate a decision for the Federal Reserve...
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In this June 18, 2019, photo, a woman walks by an electronic stock board of a securities firm in Tokyo. Asian stocks fell Friday as investors waited for American employment data and details of U.S.-Chinese trade talks. (AP Photo/Koji Sasahara)
July 05, 2019 - 7:19 am
BEIJING (AP) — Asian stocks advanced Friday while European markets opened lower as investors waited for U.S. jobs data that could help determine whether, or how soon, the Federal Reserve cuts interest rates. Analysts expect a solid 165,000 increase in the monthly non-farm payrolls for June, and a...
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Indian Finance Minister Nirmala Sitharaman, center, and junior Finance Minister Anurag Thakur, left, stands for the media at the parliament house before presenting the annual federal budget in New Delhi, India, Friday, July 5, 2019. India's government says the economy is expected to grow at 7% in 2019-20, up from a five-year low of 6.8% in the past year. (AP Photo/Manish Swarup)
July 05, 2019 - 7:19 am
NEW DELHI (AP) — Indian Prime Minister Narendra Modi's government on Friday proposed heavy investments in infrastructure, the digital economy and job creation to lift a sluggish economy burdened with a 45-year-high unemployment rate of 6.1%. Unveiling a draft budget after a major victory in...
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This June 21, 2019, photo shows a "now hiring" sign at a McDonald's restaurant in Moss Point, Miss. On Wednesday, July 3, payroll processor ADP reports how many jobs private employers added in June. (AP Photo/Rogelio V. Solis)
July 03, 2019 - 8:28 am
WASHINGTON (AP) — U.S. companies added just 102,000 jobs in June as small businesses and construction firms shed workers, a private survey found. Payroll processor ADP said Wednesday that the meager gains — after just 41,000 jobs were added in May — indicate a slowdown in the economy. Businesses...
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FILE-In this Aug. 2, 2017 file photo German Defense Minister Ursula von der Leyen arrives for the cabinet meeting of the German government at the chancellery in Berlin. EU leaders reconvened Tuesday July 2, 2019, for a formal summit to consider a list of top job candidates that may have Ursula von der Leyen becoming president of the executive European Commission. (AP Photo/Markus Schreiber, file)
July 02, 2019 - 2:42 pm
BERLIN (AP) — Ursula von der Leyen, a surprise choice to become the next head of the European Commission, is a strong supporter of closer European cooperation who has been Germany's defense minister since 2013 and a fixture in Chancellor Angela Merkel's Cabinet over the longtime leader's nearly 14...
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FILE - In this May 6, 2019, file photo, a woman looks at display boards at the Australian Stock Exchange in Sydney, Australia. Australia's central bank has cut its benchmark interest rate by a quarter of a percentage point to a new record low of 1% in a bid to boost the economy. (AP Photo/Rick Rycroft, File)
July 02, 2019 - 1:01 am
CANBERRA, Australia (AP) — Australia's central bank cut its benchmark interest rate by a quarter of a percentage point on Tuesday to a new record low of 1% in a bid to boost the economy. The cut is the second in consecutive months. Previously the Reserve Bank of Australia had not shifted the rate...
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July 01, 2019 - 6:46 am
FRANKFURT, Germany (AP) — The unemployment rate in the 19 European Union countries that use the euro fell to its lowest in more than a decade in May as domestic demand and low interest rates help keep the recovery going. Official figures Monday showed the jobless rate declined to 7.5 percent from 7...
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