Jobless Recovery

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 ...

In the U.S., the economic recovery that started in June 2009 has been called the third straight "jobless recovery." But that's a misnomer. The jobs came back after the first two. ...

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 ...

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 ...

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 ...

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. ...

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 ...

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 ...

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