For years agriculture and manufacturing have been stalling while service sectors have been adding jobs. And that shift will be "cemented" by 2020, according to Nicole Smith, a senior economist at the Georgetown University Center on Education and the Workforce. Smith is a co-author of a new study that identifies... Read More »
If you want to understand why 400 fast food workers protested in Detroit on Friday, even though they risked being fired, just ask Jamal Harris. The 21-year-old Detroit man (pictured at right) works three jobs at three fast-food restaurants: Burger King, Long John Silver's and Checkers. Logging more than 80 hours... Read More »
What's it like to be a fast-food worker in America? The working conditions in the fast food industry have recently been under harsh criticism, thanks to workers' walkouts and protests in New York and most recently in Chicago on Wednesday. Workers are demanding a pay raise to $15 per hour, a significant increase... Read More »
President Obama has been called a job-killer and worse. But in his over four years in office, Obama has already presided over the net creation of more American jobs than did his predecessor, George W. Bush, in his eight in the White House. That's the conclusion of a new analysis released Tuesday by... Read More »
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... Read More »
For much of the 20th century, America's unions were known for their fierce and relentless advocacy of manufacturing workers -- mostly men, working relatively high-paying, blue-collar jobs at steel mills and auto plants. But as the U.S. has moved from a manufacturing economy to a service-based one, the face of... Read More »
WASHINGTON -- The U.S. Labor Department said on Monday that it intends to release the October employment report as scheduled on Friday despite disruption from Hurricane Sandy, delivering the final update on the country's battered jobs market before the Nov. 6 election. Read More »
New data from Gallup affirms official government statistics, showing that the unemployment rate is dropping sharply. Gallup's data finds that unemployment has declined from 7.9 percent in late September to 7.3 percent in mid-October, the lowest since Gallup began collecting data in January 2010.
Take a look... Read More »
As two wars draw to a close, the roughly 1.6 million veterans who have fought for America and survived will soon find themselves in the most civilian of activities -- looking for a job. For those who have already come home from the two wars, their search comes in a terrible economy. Although their... Read More »
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 »
It's 32 days before election day, and an embattled president receives news that could only bring him joy. For the first time since Barack Obama's first month in office, the national unemployment rate has dropped below 8 percent, to a September tally of 7.8 percent.
"Well, isn't that convenient?" in effect... Read More »
By Lucia Mutikani
WASHINGTON -- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid.
The Labor Department said on Friday that the unemployment rate, a key focus in the race for the White House, dropped by 0.3... Read More »
When you pit two graduates of Harvard Law School against each other in a debate, it should come as little shock when the end result is a night dominated by stats. And that's what the first 2012 presidential debate between Barack Obama and challenger Mitt Romney was -- high on policy. Read More »