Economic Recovery

  • Weekly Unemployment Claims Drop More Than Expected

    Weekly Unemployment Claims Drop More Than Expected

    WASHINGTON -- The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to a continued steady improvement in labor market conditions. Initial claims for state unemployment benefits dropped 27,000 to a seasonally adjusted 341,000, the Labor Department said on... Continue Reading

  • Construction Jobs: Finally Making A Comeback?

    Construction Jobs: Finally Making A Comeback?

    With mortgage rates hitting all-time lows, will jobs in construction finally start to boom? After three dismal years, Al Dio Dati thinks so. The owner of a Yonkers, N.Y.-based residential-construction firm for more than 50 years, he says that expectations are so good this year that he expects to double the... Continue Reading

  • From Long-Term Unemployment To Full-Time Job: How I Beat The Odds

    From Long-Term Unemployment To Full-Time Job: How I Beat The Odds

    I'm starting a new, full-time job this week. I've waited 34 months to write that sentence. I received an offer on Tuesday and accepted it on Thursday. I can't even pinpoint exactly how I'm feeling right now, it's such a jumble. Happy, nervous, worried, anxious, sad, excited. Continue Reading

  • It's Not Just A Low-Wage Recovery

    It's Not Just A Low-Wage Recovery

    Factories that make aircraft, cars and machinery have made up a good chunk of the job gains over the past two years, as have hospitals and doctors' offices. Continue Reading

  • Oil, Gas Boom To Create 3.5 Million Jobs By 2035, Industry Report Claims

    Oil, Gas Boom To Create 3.5 Million Jobs By 2035, Industry Report Claims

    By Roberta Rampton The U.S. oil and gas boom is cutting into jobless numbers, supporting a total of 1.7 million jobs this year, a number that will swell to almost 3 million by 2020, a leading consultant said in a study released on Tuesday. The report by forecaster IHS Global Insight is part of a series... Continue Reading

  • Women Are Back On The Job

    Women Are Back On The Job

    By Tami Luhby NEW YORK -- Women are finding their way back into the workforce. The economic upswing had until recently been a "hecovery," but the revival is now becoming more balanced between the genders. The number of women employees has jumped by 300,000 in the past six months, nearly the same amount as... Continue Reading

  • Study: Metro Area Cities Slow To Recover From The Recession

    Study: Metro Area Cities Slow To Recover From The Recession

    The 100 largest metropolitan areas in the U.S. saw their rate of economic expansion slow down in the second quarter of 2012 from the first quarter, with cities in the Northeast hit hardest, according to a report on Tuesday. Cities across the country have been struggling to regain their financial footing... Continue Reading

  • U.S. Jobs Growth Slows In August

    U.S. Jobs Growth Slows In August

    Looking for a job? Click here to get started. By Lucia Mutikani WASHINGTON -- U.S. jobs growth slowed more than expected in August, setting the stage for the Federal Reserve to pump additional money into the sluggish economy next week and dealing a blow to President Obama as he seeks reelection in... Continue Reading

  • A Sign That The Frozen Job Market Is Thawing

    A Sign That The Frozen Job Market Is Thawing

    By Chris Taylor NEW YORK -- If there are no jobs out there, someone forgot to tell Andrew Gordon. In late August, the 25-year-old started a new gig as a web specialist in the communications and marketing department of the American Health Assistance Foundation, a nonprofit in Clarksburg, Md. The job is a big... Continue Reading

  • Laid-Off Workers Who Find Jobs Take Deep Pay Cuts

    Laid-Off Workers Who Find Jobs Take Deep Pay Cuts

    WASHINGTON -- The U.S. economic recovery hasn't felt much like one even for people who managed to find new jobs after being laid off. Most of them have had to settle for less pay. Only 56 percent of Americans laid off from January 2009 through December 2011 had found jobs by the start of this year, the Labor... Continue Reading

  • Job Security Doesn't Exist: 5 Ways To Thrive Anyway

    Job Security Doesn't Exist: 5 Ways To Thrive Anyway

    By Heather Huhman In today's world, everyone is a temporary worker. Even if you're an executive at a well-established company, your job could be temporary. Working for yourself? There's no telling how long your business might last. Particularly in a down economy and a tight job market, it's important to... Continue Reading

  • U.S. Unemployment Aid Applications Up By Only 2,000

    U.S. Unemployment Aid Applications Up By Only 2,000

    By Martin Crutsinger WASHINGTON (AP) - The number of Americans applying for unemployment benefits edged up slightly last week but remained at a level consistent with modest gains in hiring. Unemployment benefit applications rose by 2,000 to a seasonally adjusted 366,000, the Labor Department said. The less... Continue Reading

  • 5 Principles Of Successful Job Hunting In A Down Economy

    5 Principles Of Successful Job Hunting In A Down Economy

    During this tough economy, everyone needs to take the initiative in the job hunt. Understand the economy, but don't lose focus. Continue Reading

  • A Positive Sign For Job Hunters? U.S. Jobless Claims Dip

    A Positive Sign For Job Hunters? U.S. Jobless Claims Dip

    By Lucia Mutikani WASHINGTON -- The number of Americans filing new claims for jobless benefits unexpectedly fell last week, government data showed on Thursday, suggesting a modest improvement in the labor market. Initial claims for state unemployment benefits slipped 6,000 to a seasonally adjusted 361,000,... Continue Reading

  • U.S. Job Openings Rose To 4-Year High In June

    U.S. Job Openings Rose To 4-Year High In June

    By Christopher S. Rugaber WASHINGTON -- U.S. employers posted the most job openings in four years in June, a positive sign that hiring may pick up. The Labor Department said Tuesday job openings rose to a seasonally adjusted 3.8 million in June, up from 3.7 million in May. That's the most since July 2008.... Continue Reading

  • More Hiring In July, But Jobless Rate Up To 8.3 Percent

    More Hiring In July, But Jobless Rate Up To 8.3 Percent

    By Lucia Mutikani WASHINGTON -- U.S. employers in July hired the most workers in five months, but an increase in the jobless rate to 8.3 percent will probably keep expectations of additional monetary stimulus from the Federal Reserve intact. Nonfarm payrolls rose 163,000 last month, the Labor Department... Continue Reading

  • Unemployment Up In 27 States In June, Just 80,000 New Jobs Added

    Unemployment Up In 27 States In June, Just 80,000 New Jobs Added

    By Christopher S. Rugaber WASHINGTON -- Unemployment rates rose in 27 U.S. states last month, the most in almost a year and a reflection of weaker hiring nationwide. The Labor Department said Friday that unemployment rates fell in 11 states and Washington, D.C. - the fewest since August. Rates were... Continue Reading

  • U.S. Unemployment Claims Rise, As Job Market Stagnates

    U.S. Unemployment Claims Rise, As Job Market Stagnates

    By Lucia Mutikani and Steven C. Johnson U.S. manufacturing grew at its slowest pace in 11 months in June and the number of Americans filing new applications for unemployment aid fell slightly last week, further evidence that the economy was weakening. Other reports on Thursday underscored the difficulty the... Continue Reading

  • Job Openings Drop To 5-Month Low, As Employers Cautious About Hiring

    Job Openings Drop To 5-Month Low, As Employers Cautious About Hiring

    By Christopher S. Rugaber WASHINGTON -- Employers in April posted the fewest job openings in five months, suggesting hiring will remain sluggish in the months ahead. The Labor Department said Tuesday that job openings fell to a seasonally adjusted 3.4 million in April, down from 3.7 million in March. The... Continue Reading

  • The Scandalous Truth About The JOBS Act

    The Scandalous Truth About The JOBS Act

    By Emily Chasan, The Wall Street Journal The JOBS Act was supposed to be about clearing away regulation to help young companies create jobs. Just eight weeks after its passage, however, more than a dozen of the companies seeking to use its looser rules for going public aren't the type of high-tech growth... Continue Reading

  • Economic Outlook Gets Gloomier After Jobs Report

    Economic Outlook Gets Gloomier After Jobs Report

    By Christopher S. Rugaber WASHINGTON (AP) -- The faltering U.S. job market has prompted economists to take a much dimmer view of the country's growth prospects. That's a shift from just a few weeks ago, when many were upgrading their forecasts. Friday's surprisingly bleak jobs report for May followed a spate... Continue Reading

  • Dismal Jobs Report: Only 69,000 Hires In May

    Dismal Jobs Report: Only 69,000 Hires In May

    By Christopher S. Rugaber WASHINGTON -- U.S. employers created 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up. The dismal jobs figures could fan fears that the economy is sputtering. The Labor Department also says the economy created far fewer jobs in the previous two months... Continue Reading

  • 4 Obstacles To Changing Careers In 2012 And How To Overcome Them

    4 Obstacles To Changing Careers In 2012 And How To Overcome Them

    The economy is showing signs of life. And that means millions of people who have been stuck in jobs they hate will start looking for work. A 2011 survey indicated that 84 percent of Americans planned to look for a new job when the economy improved. And yet, the reality is that only a small percentage of them... Continue Reading

  • U.S. Job Market Is Improving, Economists Say

    U.S. Job Market Is Improving, Economists Say

    By Paul Wiseman WASHINGTON -- Hiring through the rest of 2012 will lag the brisk pace set early this year. But it will be strong enough to push the unemployment rate below 8 percent by Election Day. That's the view that emerges from an Associated Press survey of 32 leading economists who foresee a gradually... Continue Reading

  • Manufacturing Job Numbers At 10-Month High

    Manufacturing Job Numbers At 10-Month High

    By Christopher S. Rugaber WASHINGTON -- U.S. manufacturing grew last month at the fastest pace in 10 months, suggesting that the economy is healthier than recent data had indicated. New orders, production and a measure of hiring all rose. The April survey from the Institute for Supply Management was a hopeful... Continue Reading

  • U.S. Weekly Unemployment Aid Applications Decline

    U.S. Weekly Unemployment Aid Applications Decline

    By Christopher S. Rugaber WASHINGTON -- The number of people seeking U.S. unemployment benefits dropped last week, the latest evidence that the job market is strengthening. Continue Reading

  • 7 Reasons The Job Gains Could Last This Time

    7 Reasons The Job Gains Could Last This Time

    By Paul Wiseman WASHINGTON -- Wait - haven't we seen this movie before? Companies are generating waves of jobs, and unemployment is down. Continue Reading

  • Economy Adds 227,000 Jobs, Jobless Rate Unchanged

    Economy Adds 227,000 Jobs, Jobless Rate Unchanged

    By Christopher S. Rugaber WASHINGTON -- U.S. employers added 227,000 jobs in January to complete three of the best months of hiring since the recession began. The unemployment rate was unchanged, largely because more people streamed into the workforce. Continue Reading

  • Jobs Picture Brightens, But Economy Awaits Liftoff

    Jobs Picture Brightens, But Economy Awaits Liftoff

    By Paul Wiseman and Christopher S. Rugaber WASHINGTON (AP) -- After years of bad news begetting more bad news, the American economy may finally be building momentum in the other direction. Continue Reading

  • Economists See More Reasons For Optimism This Year

    Economists See More Reasons For Optimism This Year

    By Samantha Bomkamp NEW YORK (AP) -- Economists are increasingly confident that some pillars of the U.S. economy will improve this year, but they still remain cautious in their expectations on the overall pace of economic growth. Continue Reading