Adding to the positive picture of the labor market painted by last week’s monthly jobs report, the Labor Department released a report on Thursday showing a bigger than expected drop in first-time claims for U.S. unemployment benefits in the week ended January 5th. The report said initial joble...

For the last few months President Obama made his priority campaigning to get Hillary Clinton elected. Perhaps his efforts should have been focused on securing jobs for the American people since in essence his job, if he performed it according to his Constitutional duty, would be to serve the

Today’s Press Draghi Watches as BOJ Yield Curbs May Give ECB Food for Thought Like his BOJ counterpart Haruhiko Kuroda, the European Central Bank president is finding his extraordinary measures to combat low inflation are hurting banks, draining the bond market and flattening the yield curve

Today we have US Average Hourly Earnings m/m, Non-Farm Employment Change and Unemployment Rate releases at 12.30pm GMT. Payrolls are expected to rise by 205K for March, below last months reading of 242K yet still above the significant 200K level. The unemployment rate is expected to hold at a very

Initial jobless claims, a proxy for layoffs across the U.S., held steady at a seasonally adjusted 276,000 in the week ended Nov. 7, the Labor Department said Thursday. Economists surveyed by The Wall Street Journal had expected 270,000 new claims last week. Source:: U.S. Jobless Claims Unchanged