Unemployment jumped by 70,000 in the three months to the end of February, amid the lowest growth in pay rises since 2001, as pressure mounts on George Osborne to adopt a more aggressive growth strategy. The number of unemployed people reached 2.56 million, with 20,000 under 25-year-olds joining the jobless ranks, pushing the unemployment rate [...]

(WASHINGTON) — The number of Americans seeking unemployment benefits increased just 4,000 last week to a seasonally adjusted 352,000. The level is consistent with solid hiring and suggests the job market should rebound this month after slowing sharply in March. The Labor Department says the four-week average, a less volatile measure, rose to 361,250. Applications [...]

WASHINGTON (Reuters) — The number of Americans filing new claims for unemployment benefits rose last week and factory activity in the nation’s mid-Atlantic region cooled in April, providing further signs of a moderation in economic growth. Underscoring the softening growth outlook, another report on Thursday showed that a gauge of future economic activity fell in [...]