Janet Yellen still sees slack in US jobs market
Federal Reserve Chair Janet Yellen said Wednesday that she still sees slack in the US jobs market but that continued moderate economic growth over the next few years should eliminate it.
Dec 02, 2015, 23:52 PM ISTUS jobless claims drop; imported inflation remains weak
The U.S. labor market appeared to gain momentum in early September as fewer Americans filed for weekly unemployment benefits, but weak inflation pressures may complicate the Federal Reserve`s decision whether to raise interest rates.
Sep 11, 2015, 10:27 AM ISTUS jobless claims fall
New claims for US unemployment benefits fell last week, the government said Thursday in a report adding further evidence of a tightening labor market.
Jun 19, 2015, 00:23 AM ISTFed keeps rate unchanged; calls US growth `moderate`
The Federal Reserve left its benchmark interest rate unchanged at near zero Wednesday, while describing US economic growth as "moderate" after the winter slowdown.
Jun 18, 2015, 00:07 AM ISTFed's Yellen expects rate hike 'some point this year'
Janet Yellen said Friday she expects the Federal Reserve to begin raising interest rates "at some point this year," saying delaying the long-awaited move risks the economy overheating.
May 22, 2015, 22:44 PM IST2014 best year of job creation in US since 1990s: Barack Obama
2014 is the best year of job creation in the US since the 1990s with 2.65 million new jobs created during the period with still one month to go, President Barack Obama said on Friday as he defended his economic policies.
Dec 06, 2014, 17:57 PM IST