Unemployment Trends And Stats

(Reuters) - Morgan Stanley plans to cut 1,600 employees starting this week, two people familiar with the matter said on Wednesday, in the latest sign of a pullback on Wall Street as revenue from trading and deal-making remains in the doldrums. The staff reduction pertains to Morgan Stanley's institutional...

By Don Melvin BRUSSELS (AP) -- Unemployment in the 17 EU countries that use the euro rose to 11.8 percent in November, as the number of jobless people in the region rose to 18.8 million, the highest figure since the single currency was founded in 1999.

By Ronald Grover Walt Disney Co, which reported record earnings in November, started an internal cost-cutting review several weeks ago that may include layoffs at its studio and other units, three people with knowledge of the effort told Reuters. Disney, whose empire spans TV, film, merchandise and theme...

By Jason Lange WASHINGTON -- The pace of hiring by U.S. employers eased slightly in December, pointing to a lackluster pace of economic growth that was unable to make further inroads in the country's still high unemployment rate. Payrolls outside the farming sector grew 155,000 last month, the Labor...

By Martin Crutsinger WASHINGTON -- A private survey shows U.S. businesses sharply increased hiring in December, helped by a surge of new construction jobs created to help rebuild from Superstorm Sandy. Payroll processor ADP says employers added 215,000 jobs in December. That's more than November's total...

WASHINGTON, Jan 3 (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, but the data continues to be too distorted by the holidays to offer a clear read of labor market conditions. Initial claims for state unemployment benefits increased 10,000 to a seasonally...

The number of Americans filing new claims for unemployment aid fell last week to nearly its lowest level in 4½ years, a sign that the labor market is healing.

By Debra Auerbach Every year, the Bureau of Labor Statistics releases data on employment and unemployment from the prior calendar year. "Work Experience of the Population - 2011" provides a snapshot of U.S. work activity in 2011 and how the information compares to data from previous years. Below are...

By Jennifer Liberto This could be Karen Duckett's worst New Year, ever. Duckett, 51, of Laurel, Md., is among 2.1 million jobless Americans whose unemployment benefits will end on Dec. 29, if Congress doesn't act.

WASHINGTON -- The number of Americans filing new claims for unemployment aid rose last week, putting them back at the lower end of their pre-storm range and suggesting job growth remains moderate. Initial claims for state unemployment benefits increased 17,000 to a seasonally adjusted 361,000, the Labor...

With just two weeks to go in the year, the number of job cuts announced by U.S. employers is behind last year's pace, though it's still staggeringly high -- with 490,806 job cuts this year (as of November). Last month alone, the nation's employers announced plans to cut more than 57,000 positions, only the...

Barclays PLC plans to cut as many as 2,000 jobs in its investment bank as part of a broad restructuring of the company, The Wall Street Journal reported, citing people familiar with the British bank's plans. The paper said senior Barclays executives are planning to recommend that the bank cut between 1,000...

By Christopher Rugaber WASHINGTON -- The number of Americans seeking unemployment benefits fell sharply for a fourth straight week, a sign that the job market may be improving. The Labor Department said Thursday that weekly applications for unemployment benefits fell 29,000 last week to a seasonally...

By Christopher S. Rugaber WASHINGTON -- The U.S. economy added 146,000 jobs in November and the unemployment rate fell to 7.7 percent, the lowest since December 2008. The government said Superstorm Sandy had only a minimal effect on the figures. The Labor Department's report Friday offered a mixed picture...

Planned layoffs at U.S. firms rose for the third month in a row in November, partly driven by the bankruptcy of Hostess Brands, a report showed on Thursday. Employers announced 57,081 job cuts last month, the highest level since May and up nearly 20 percent from 47,724 in October, according to the report from...

WASHINGTON -- The number of Americans filing new claims for unemployment benefits fell for a third straight week last week, but still remain too volatile to offer a clear signal on labor market conditions. Initial jobless claims dropped 25,000 to a seasonally adjusted 370,000, the Labor Department said on...

By Christopher S. Rugaber WASHINGTON -- A private survey shows that U.S. businesses added fewer workers in November, in part because Superstorm Sandy shut down factories, retail stores and other companies. Payroll processor ADP says employers added 118,000 jobs last month. That's below October's total of...

By John Rogers LOS ANGELES -- For the most part, the work of the people who file the invoices for the TV sets that arrive from China and the cars that come from Japan goes all but unnoticed as those products and countless others make their way across the United States. Not this week, however, after about...

WASHINGTON, Nov 29 (Reuters) - The number of Americans filing new claims for unemployment benefits dropped for a second straight week last week, unwinding some of the storm-related surge, which has muddled the labor market picture. Initial claims for state unemployment benefits dropped 23,000 to a seasonally...

By Christopher S. Rugaber WASHINGTON -- Unemployment rates declined last month in more than half of the 372 largest U.S. cities, further evidence of steady improvement in the job market. The Labor Department says rates fell in 201 metro areas. They rose in 116 and were unchanged in 55. The number of cities...