Labor economy

A currency trader walks by the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Monday, July 8, 2019. Asian stocks tumbled Monday after relatively strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. (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 - 10:34 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 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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FILE - In this May 7, 2019, file photo a clerk restocks items in a newly-opened Amazon Go store in New York. On Friday, June 28, the Commerce Department issues its May report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Mark Lennihan, File)
June 28, 2019 - 9:43 am
WASHINGTON (AP) — Consumer spending increased 0.4% in May, a modest gain that suggests Americans remain confident enough about the economy's outlook to keep shopping. The Commerce Department said Friday that incomes rose 0.5% and inflation remained tame, increasing just 1.5% in the past year. Still...
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People squeeze on to a bus in Havana, Cuba, Thursday, June 27, 2019. Cuban President Miguel Díaz-Canel says the country's governing council has approved economic measures including a rise in state salaries, long seen as a first step toward ending the country's dual-currency system which is expected to create a chain reaction that includes higher inflation. (AP Photo/Ismael Francisco)
June 27, 2019 - 8:57 pm
HAVANA (AP) — The Cuban government said Thursday that it is raising state salaries as part of a broader package of economic reforms, but it revealed no details of its larger plan beyond increasing worker compensation. A salary increase has long been seen as one of the first steps in the unification...
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FILE- This May 11, 2012, file photo, shows a Capital One Bank office, in New York. All 18 of the nation's largest and most complex banks are strong enough to withstand a severe economic downturn and would be able to stay in business without collapsing, the Federal Reserve said Friday, June 21, 2019. Capital One, which has a large commercial banking business, was the most negatively impacted by the Fed's scenario but still remained more than well capitalized under the Fed's qualifications (AP Photo/Mark Lennihan, File)
June 21, 2019 - 5:27 pm
NEW YORK (AP) — All 18 of the nation's largest and most complex banks are strong enough to withstand a severe economic downturn and would be able to stay in business without collapsing, the Federal Reserve said Friday. The results are from the first round of the central bank's annual stress tests,...
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