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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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