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Weekly Jobless Claims Fall To Lowest In 4.5 Years

Weekly Jobless Claims Fall To Lowest In 4.5 Years

WASHINGTON, Oct 11 (Reuters) - The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in more than four and a half years, according to government data on Thursday that suggested improvement in the labor market. Initial claims for state unemployment... Read More »

Unemployment Rate Dips, Economy Adds 117,000 Jobs

Unemployment Rate Dips, Economy Adds 117,000 Jobs

By Christopher S. Rugaber WASHINGTON -- Hiring picked up slightly in July and the unemployment rate dipped to 9.1 percent, an optimistic sign after the worst day on Wall Street in nearly three years. Employers added 117,000 jobs last month, the Labor Department said Friday. That's better than the past two... Read More »

Job Gains Largest in 11 Months, But Jobless Rate Up

Job Gains Largest in 11 Months, But Jobless Rate Up

U.S. employment increased more than expected in April as private companies created jobs at the fast pace in five years, pointing to underlying strength in the economy, even though the jobless rate rose to 9.0 percent. Nonfarm payrolls rose 244,000 last month, the most in 11 months, the Labor Department said... Read More »

Unemployment Dips to 8.9 Percent, 192K Jobs Added

Unemployment Dips to 8.9 Percent, 192K Jobs Added

By Jeannine Aversa, AP Economics Writer WASHINGTON (AP) -- Employers hired in February at the fastest pace in almost a year and the unemployment rate fell to 8.9 percent -- a nearly two-year low. The economy added 192,000 jobs last month, with factories, professional and business services, education and... Read More »

Latest Job Report Predicts Brighter Days for the Unemployed

Latest Job Report Predicts Brighter Days for the Unemployed

Just days after Punxsatawney Phil, the famous weather-predicting groundhog, pointed to an early spring, the job numbers coming out of the Bureau of Labor Statistics also predicted brighter days for the unemployed. The unemployment rate dropped to 9 percent, its lowest level since April 2009. The private... Read More »

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