#Labor Department

The bar for Wall Street hypocrisy has just been raised. In a controversy that can only be described as hilariously ironic, Boston-based bank and asset manager State Street Corp – which famously created and installed the “fearless girl” statue, purportedly symbolizing Wall Street’s progress toward

The US economy generated only 142,000 jobs in August, much less than expected, Labor Department data showed Friday. Despite the lower number and a sharp downward revision of June's figure, the jobless rate fell a tick to 6.1 percent, with the labor force participation rate also still weak.