Employers pull back on November hiring headed into holidays
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US employers pulled back on hiring as they headed into the holiday shopping season, adding just 112,000 new jobs overall in November.
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With Boxing Day falling on a Sunday, retailers reported more modest crowds than in the past at annual discount sales. But they expect to do brisk business this week, as many Canadians will not return to work until the new year.
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The number of U.S. workers seeking first-time jobless claims plunged last week, as expected, after surging the prior week during the start of the holiday season, a government report showed on Thursday.
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Most bosses at U.S. companies plan to give gifts to employees this holiday season, but fewer than a third of workers intend to reciprocate with gifts of their own, according to a study released on Monday.
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WASHINGTON -- The number of newly laid off workers filing for unemployment benefits fell sharply last week although much of the improvement reflected unusual factors related to the Christmas holiday.
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WASHINGTON - Employers slowed their hiring as they headed into the holiday shopping season, adding just 112,000 new jobs in November.
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U.S. shoppers came out in droves in November, but warm and wet weather, combined with steep holiday discounts, prompted less-than-stellar sales at many chains, retailers said on Thursday.
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Business & money: Number of people out of work and claiming benefit fell for 15th straight month in December
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Employers slowed their hiring as they headed into the holiday shopping season, adding just 112,000 new jobs in November for the weakest gain in five months.
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Many of the nation&#39;s employers expect to begin the new year by hiring, according to a study released yesterday. That positive outlook continues the swelling of payrolls that has characterized the last three financial quarters.
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The sluggish pace of job growth in November hasn&#39;t changed the odds for a quarter point interest rate hike later this month, but maybe it should.
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With a weak back-to-school season behind them, the nation&#39;s retailers are focused on the holidays and what steps they need to take to get consumers excited about shopping again.
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Some companies are trying to rework policies in order to rehire retired professionals who want to return to work on a limited basis.
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US employers announced plans in November to step up job cuts, with the total exceeding 100,000 for the third month in a row, an industry survey showed.
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Forget frozen turkeys or ham, many  U.S. workers this year can expect to receive a retailer's gift  certificate as their holiday bonus.
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Wary employers clamped down on hiring and pushed the unemployment rate to a two-year high of 5 percent in December, an ominous sign that the economy may slide into recession. President Bush explored a rescue package, including a tax cut, with his economic advisers.
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Employers posted fewer job openings and hired fewer people in December than a year ago, government data showed on Tuesday, in a report that further underlined the weakness of the labor market.