Labor Force News
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Workers who have dropped out of the labor force may take a few years to begin searching for work, Federal Reserve economists say in a paper offering insights into the health of a labor market that’s key to central bank policy.
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Following is the text of Canada’s labor force survey released by Statistics Canada.
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James D. Jones III has been drafting new drawings of the piping at an Atlanta-area factory on a contract for ManpowerGroup Inc. for the last 10 months. When this job ends, he says it will be easy to find another.
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Australian and New Zealand jobs growth surged, sending the currencies soaring and undermining central bank efforts to relieve pressure on manufacturers and exporters.
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Four years into an expansion, the productivity of American workers has slowed and some economists say there are few signs it will soon rebound.
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New Zealand employers added the most workers on record in the three months through March, driving the kiwi to erase losses triggered yesterday by the central bank’s announcement of intervention to weaken it.
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Sweden is now targeting Africa to revive trade as the Nordic region’s largest economy adjusts to a slump in demand from Europe.
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When Zhang Youneng’s house was flattened by an earthquake last month, the Chinese factory worker had no choice but to travel 2,000 kilometers (1,240 miles) back home to help his wife deal with the aftermath.
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The U.S. economy looks better placed to withstand a slowdown projected for the second quarter as the labor market keeps making progress.
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Today's report was certainly one of the brightest spots in a month of consistently weak data.
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