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Jobless Rate Rises To 7.6%, With More Workers Entering Labor Force

Jobless Rate Rises To 7.6%, With More Workers Entering Labor Force

By Jason Lange WASHINGTON -- U.S. employers stepped up hiring in May, a sign that the economy was growing modestly but not strong enough to convince the Federal Reserve to scale back the amount of cash it is pumping into the banking system. The United States added 175,000 jobs last month, just above the median ...

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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 ...

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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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U.S. Jobless Claims Rise Marginally Last Week

U.S. Jobless Claims Rise Marginally Last Week

WASHINGTON -- The number of Americans filing new claims for unemployment benefits rose slightly last week, which could further allay fears of a major setback in the labor market recovery. Initial claims for state unemployment benefits increased 4,000 to a seasonally adjusted 352,000 the Labor Department said ...

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Despite High Unemployment, Number Of People Quitting Is Soaring

Despite High Unemployment, Number Of People Quitting Is Soaring

By Vivian Giang People are voluntarily quitting their jobs at the highest rate since the pre-recession era, according to the Job Openings and Labor Turnover Survey - known as JOLTS -- published by The Bureau of Labor Statistics. The report says that 2.16 million people quit their jobs in the latest data, ...

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U.S. Jobless Claims Fall Sharply, Raising Hope Of Stable Economy

U.S. Jobless Claims Fall Sharply, Raising Hope Of Stable Economy

Jin Lee/Bloomberg WASHINGTON -- The number of Americans filing new claims for unemployment benefits fell more than expected last week, which could ease fears of a marked deterioration in labor market conditions after a surprise stumble in job growth in March. Initial claims for state unemployment benefits ...

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The Real Unemployment Rate Is Worse Than You Think

The Real Unemployment Rate Is Worse Than You Think

The March jobs numbers, released by the Bureau of Labor Statistics on Friday, were so dismal that Austan Goolsbee, former chairman of President Obama's Council of Economic Advisers, called them "a punch to the gut." The latest jobs report also shows how misleading the unemployment numbers can be. The jobless ...

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U.S. Jobless Claims At Four-Month High, Cast Shadow Over Labor Market

U.S. Jobless Claims At Four-Month High, Cast Shadow Over Labor Market

WASHINGTON -- The number of Americans filing new claims for unemployment benefits rose to its highest level in four months last week, suggesting the labor market recovery lost some steam in March. Initial claims for state unemployment benefits increased 28,000 to a seasonally adjusted 385,000, the highest ...

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U.S. Jobless Claims Rise, Labor Market Still Healing

U.S. Jobless Claims Rise, Labor Market Still Healing

WASHINGTON -- The number of Americans filing new claims for unemployment benefits rose more than expected last week, but probably not enough to suggest the labor market recovery was taking a step back. Initial claims for state unemployment benefits increased 16,000 to a seasonally adjusted 357,000, the Labor ...

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U.S. Jobless Claims Point To Improving Labor Market

U.S. Jobless Claims Point To Improving Labor Market

WASHINGTON -- The number of Americans filing new claims for jobless benefits edged higher last week, but a trend reading dropped to its lowest in five years and pointed to ongoing healing in the labor market. Initial claims for state unemployment benefits rose 2,000 to a seasonally adjusted 336,000, the Labor ...

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U.S. Jobless Claims Fall For 3rd Straight Week

U.S. Jobless Claims Fall For 3rd Straight Week

WASHINGTON -- Fewer Americans sought unemployment aid last week, reducing the average number of weekly applications last month to a five-year low. The drop shows that fewer layoffs are strengthening the job market. The Labor Department said Thursday that applications fell 10,000 to a seasonally adjusted ...

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Weekly Jobless Claims Drop, Suggesting Improved Labor Market

Weekly Jobless Claims Drop, Suggesting Improved Labor Market

WASHINGTON -- The number of Americans filing jobless claims fell more than expected last week, suggesting some traction in the labor market recovery. Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 344,000, the Labor Department said on Thursday. The prior week's claims ...

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Jobless Claims Fall To Near 5-Year Low

Jobless Claims Fall To Near 5-Year Low

WASHINGTON -- The number of Americans filing new claims for jobless benefits fell last week and a trend reading hit a near five-year low, pointing to ongoing healing in the labor market. Initial claims for state unemployment benefits dropped by 5,000 to a seasonally adjusted 366,000, the Labor Department said ...

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Why Unemployment Stretches Are Getting Shorter

Why Unemployment Stretches Are Getting Shorter

By Tami Luhby NEW YORK -- The average time Americans spent unemployed dropped a record 2.8 weeks in January ... but hold the applause. The reason is likely because many people ran out of unemployment benefits so they stopped looking for work, experts said. ...

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U.S. Jobless Claims At 5-Year Low, Job Market Healing

U.S. Jobless Claims At 5-Year Low, Job Market Healing

WASHINGTON, Jan 24 (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell to its lowest since the early days of the 2007-09 recession, a hopeful sign for the sluggish labor market. Initial claims for state unemployment benefits fell 5,000 to a seasonally adjusted ...

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10 Careers With Rock-Bottom Unemployment Rates

10 Careers With Rock-Bottom Unemployment Rates

The sluggish economy has many workers anxious about job security. Yet despite the nation's high 7.8 percent unemployment rate, there are careers out there with jobless rates so low as to nearly guarantee a job to anyone qualified to work in those fields. What kinds of jobs are they? Of the 10 listed here, ...

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U.S. Jobless Claims Drop To 5-Year Low

U.S. Jobless Claims Drop To 5-Year Low

WASHINGTON -- The number of Americans filing new claims for unemployment benefits tumbled to a five-year low last week, a hopeful sign for the sluggish labor market. Initial claims for state unemployment benefits fell 37,000 to a seasonally adjusted 335,000, the lowest level since January 2008, the Labor ...

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Weekly Jobless Claims Inch Up As The New Year Starts

Weekly Jobless Claims Inch Up As The New Year Starts

WASHINGTON -- The number of Americans filing new claims for unemployment benefits rose last week, but seasonal volatility makes it difficult to get a clear picture of the labor market's health. Initial claims for state unemployment benefits increased 4,000 to a seasonally adjusted 371,000, the Labor ...

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Jobs Report: Unemployment Rate Holds Steady At 7.8%

Jobs Report: Unemployment Rate Holds Steady At 7.8%

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 ...

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