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Unemployment Trends And Stats

U.S. Jobless Claims Jump, A Worrisome Sign For Economy

U.S. Jobless Claims Jump, A Worrisome Sign For Economy

WASHINGTON -- The number of Americans filing new claims for unemployment benefits jumped last week at the fastest pace in six months, a worrisome sign for the economy which has been hit by government austerity. Initial claims for state unemployment benefits jumped by 32,000 to a seasonally adjusted 360,000, the...

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'The Great Gatsby': Are Workers Better Off Today Than They Were In The 1920s?

'The Great Gatsby': Are Workers Better Off Today Than They Were In The 1920s?

It's probably no coincidence that Hollywood has decided to turn F. Scott Fitzgerald's 1925 classic, The Great Gatsby, into a new movie (released Friday). The book famously depicts the lavish living and fancy galas of high-income earners in America's Roaring 1920s. Fast forward 90 years to another era of income...

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Jobless Claims Fall to Lowest Level in Nearly 5½ Years

Jobless Claims Fall to Lowest Level in Nearly 5½ Years

WASHINGTON -- The number of Americans filing new claims for unemployment benefits dropped to its lowest level in nearly 5½ years last week, signaling labor market resilience in the face of fiscal austerity. Initial claims for state unemployment benefits fell 4,000 to a seasonally adjusted 323,000, the...

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Hiring Up, Jobless Rate Falls To 7.5%

Hiring Up, Jobless Rate Falls To 7.5%

By Christopher S. Rugaber WASHINGTON -- U.S. employers added 165,000 jobs in April, and hiring was much stronger in the previous two months than the government first estimated. The job increases helped reduce the unemployment rate from 7.6 percent to a four-year low of 7.5 percent. The report Friday from the...

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More Than 1 Million Baby Boomers Are Secretly Unemployed

More Than 1 Million Baby Boomers Are Secretly Unemployed

The Bureau of Labor Statistics released its tabulation of the monthly unemployment rate, showing the jobless rate dipped to 7.5 percent in April. But that leaves out one major segment of the population: Those forced into retirement. While older Americans were less likely to lose their jobs in the recession, it's...

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Jobless Claims Fall Sharply to 5-Year Low

Jobless Claims Fall Sharply to 5-Year Low

Getty Images By Jason Lange WASHINGTON -- The number of Americans filing new claims for jobless benefits fell sharply last week to its lowest level since the early days of the 2007-09 recession, suggesting the job market is still healing despite weakness in the broader economy. Initial claims for state...

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Employers Add Far Fewer Jobs In April Than Forecast

Employers Add Far Fewer Jobs In April Than Forecast

Daniel Acker/Bloomberg via Getty Images By Leah Schnurr U.S. private-sector hiring slowed again in April as companies added the fewest employees in seven months, the latest sign that the economy is encountering a soft patch, a report by a payrolls processor showed on Wednesday. Businesses added 119,000...

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U.S. Jobless Claims Fall, Labor Market Recovery Advances

U.S. Jobless Claims Fall, Labor Market Recovery Advances

WASHINGTON -- The number of Americans filing new claims for unemployment benefits fell last week, offering reassurance that the bottom is not falling out of the labor market despite signs of slower growth. Initial claims for state unemployment benefits dropped 16,000 to a seasonally adjusted 339,000, the Labor...

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Sequester Cuts Devastating Families With Two Government Jobs

Sequester Cuts Devastating Families With Two Government Jobs

By Elizabeth Dilts NEW YORK -- The U.S. government's effort at cutting spending across the board is hurting a population once considered among the most financially stable -- dual income families where both partners are government employees. Starting on Monday, employees at agencies such as the Federal Aviation...

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