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 level... Read More »
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 »
With nearly 13 million unemployed Americans, you'd think there be no such thing as a worker shortage. But many U.S. employers continue to say that they can't find people to fill certain jobs.
A recent CareerBuilder survey showed that despite the nation's high 8.2 percent unemployment rate, 38 percent of... Read More »
If you're thinking the labor market feels lousy, just released data from the federal government will bolster your suspicions.
The Labor Department said Friday that data from the nation's employers showed that they added only 69,000 jobs in May, far fewer than the 150,000 that analysts had expected, while a... Read More »
By Christopher S. Rugaber
WASHINGTON -- The number of Americans seeking unemployment benefits rose last week to a five-week high, evidence that the job market remains sluggish.
The Labor Department said Thursday that weekly applications for unemployment aid rose 10,000 to a seasonally adjusted 383,000. The... Read More »
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 »
By 24/7 Wall Street
When the U.S. labor market is discussed, the national figures naturally take center stage. But the job hunt picture across the country can be very different -- not just between states, but from city to city, too. The recent jobs figures for February show a great variation among the... Read More »
By Christopher S. Rugaber
WASHINGTON -- The number of people seeking unemployment benefits rose last week to a seasonally adjusted 377,000, after a nearly four-year low the previous week.
The Labor Department said Thursday that weekly applications increased 21,000. Applications had plummeted two weeks ago... Read More »
Workers who routinely track the balances of their 401(k) savings know that 2011 was a pretty dismal year for investing in stocks. The S&P 500, a broad stock index that includes about 75 percent of publicly traded U.S. companies, finished 2011 statistically where it began, meaning many investors ended the... Read More »
WASHINGTON -- A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the end of 2011.
The Labor Department said Friday that employers added a net 200,000 jobs last month and the unemployment rate fell to 8.5 percent, the lowest... Read More »
Though the job market by several measures remains sluggish, the employment outlook for 2012 calls for continued, albeit modest, improvement. A recent survey by Manpower Inc. shows that many U.S. businesses expect to hire more workers during the first three months of the new year.
"Slow, but steady momentum... Read More »
By Steve Peoples
WASHINGTON (AP) -- Setting a new bar for the nation's economy, President Barack Obama said the United States unemployment rate could fall to 8 percent before he faces re-election next November.
The unemployment rate, currently at 8.6 percent, hasn't been at or below 8 percent since he... Read More »
As the current job market continues to prove, competition among job seekers remains stiff. More than 14 million Americans are looking for work, so securing an interview in itself is reason to celebrate.
To get the job, however, applicants need to impress hiring managers on several levels, and the key to... Read More »
In yet another sign that recovery in the nation's labor market leaves much to be desired, a new report shows that employers cut more jobs in the first 11 months of 2011 than in all of 2010.
Employers announced plans to eliminate 42,474 jobs in November, raising the total so far this year to 564,297... Read More »
By economists' determinations, the recent recession the nation endured beginning in December 2007 officially ended in mid-2009. But for many jobless Americans the pain still lingers. More than two years into the rebound, job creation remains tepid, leading some to refer to the current economic situation as a... Read More »
The escalating cost of a college education has many young people wondering whether a bachelor's degree is worth the expense.
Given the current lackluster state of the job market, some are deciding that it's not worth going into debt for tens of thousands of dollars only to find themselves on the unemployment... Read More »
With the nation's unemployment rate continuing to languish at around 9 percent, many unemployed workers are left to wonder where the jobs are. A new report suggests they're increasingly found in the online world.
What's more, these new employment opportunities aren't limited to the high-tech sector, but are... Read More »