Unemployment soars; few new jobs
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Employers added fewer jobs than expected in December while the unemployment rate shot up to a two-year high, according to a government report Friday that showed a job market much weaker than Wall Street expectations.
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UK unemployment rose by 93,000 between May and July to 1.7 million, its highest level since 2000, figures show.
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A demand for workers outpaced big losses from the unwinding of the housing boom and a slowing economy.
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Initial U.S. jobless claims surged  unexpectedly last week, taking claims to their highest level  since late September, but analysts shrugged off the large jump  as a holiday-related blip.
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WASHINGTON -- The number of newly laid-off workers filing for unemployment benefits rose last week by the largest amount since early August, providing further evidence that economy has slowed.
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The number of new claims filed for  jobless benefits rose a larger-than-expected 12,000 last week,  while a more reliable barometer of labor market trends rose to  its highest in more than two years, the government said on  Thursday.
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The number of workers filing new  claims for jobless aid jumped by a much larger-than-expected  69,000 last week to the highest in over two years, government  data on Thursday showed, but the numbers were likely skewed by  the timing of a public holiday.
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The economy created 337,000 new jobs in October, nearly double the 169,000 that Wall Street was expecting. The overall unemployment rate rose marginally to 5.5 percent from 5.4 percent.
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The number of Americans filing  initial claims for jobless pay grew unexpectedly last week to  357,000, Labor Department data showed on Thursday, but an  official said an increase in the week after a public holiday  was typical.
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Germany's unemployment rate unexpectedly rose to 10.7pc in September, the highest since February 1999, as a shrinking domestic economy prompted companies to demand more from existing staff rather than adding ...
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WASHINGTON - The number of new people signing up for jobless benefits rose last week, reflecting the impact of hurricane Charley, which recently tore through Florida.    The Labor Department reported Thursday that new applications for unemployment insurance increased by a seasonally adjusted 10,000 to 343,000 for the week ending Aug...
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WASHINGTON -- The number of newly laid off workers filing for unemployment benefits unexpectedly rose last week.
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WASHINGTON  - The US labor market smashed out of a summer-long quagmire, churning out a seven-month record of 337,000 jobs -- far more than predicted by Wall Street.
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German unemployment rises again, taking the average jobless total to its worst level since reunification in 1990.
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Employers aggressively hired new workers in October, adding 337,000 people to their payrolls after a sluggish summer, but the unemployment rate rose fractionally to 5.5 percent.
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The number of new U.S. jobs climbed by an unexpectedly brisk 157,000 in May on a surge of hiring in service businesses while hiring in the factory sector continued to decline, Labor Department data showed on Friday.
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The number of U.S. workers filing  new claims for jobless aid jumped by 28,000 last week, far more  than anticipated and the biggest increase for any week since  February, the Labor Department said on Thursday.