federal reserve system

The Real Reason Why Women Still Earn Less Than Men?

The Real Reason Why Women Still Earn Less Than Men?

It seems like every other week there is another study examining the persistent wage gap between male and female workers in America. Female workers still earn, on average, 77 percent of what men earn for the exact same work in a year, a stat that has remained unchanged since 2005, according to the U.S. Census.... Read More »

Unemployment Rate Drops To 7.8 Percent, Nearly 4-Year Low

Unemployment Rate Drops To 7.8 Percent, Nearly 4-Year Low

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 »

Unemployment Claims Remain Unchanged

Unemployment Claims Remain Unchanged

WASHINGTON -- The number of Americans filing new claims for jobless benefits was unchanged last week, pointing to a labor market that was treading water. Initial claims for state unemployment benefits were a seasonally adjusted 374,000, the Labor Department said on Thursday. The prior week's figure was... Read More »

U.S. Growth Slowed At Year's Start But Some See Rebound

U.S. Growth Slowed At Year's Start But Some See Rebound

By Paul Wiseman and Christopher S. Rugaber WASHINGTON -- Don't panic yet. The government reported Friday that the economy got off to a tepid start this year, but that doesn't foreshadow a repeat of the near-standstill that happened in 2011. "The economy is firmly on a growth trajectory," said Sung Won... Read More »

More People Sought Unemployment Benefits

More People Sought Unemployment Benefits

By CHRISTOPHER S. RUGABER WASHINGTON (AP) -- The number of people applying for unemployment benefits rose back above 400,000 last week. Still, the four-week average, a more reliable gauge of the job market, fell to the lowest level since mid-April. The report suggests that the economy is creating jobs but... Read More »

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April 13 - April 20

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