WASHINGTON -- Fewer Americans sought unemployment aid last week, reducing the average number of weekly applications last month to a five-year low. The drop shows that fewer layoffs are strengthening the job market.
The Labor Department said Thursday that applications fell 10,000 to a seasonally adjusted... Read More »
By Christopher S. Rugaber
WASHINGTON -- U.S. employers ramped up hiring in February, adding 236,000 jobs and pushing the unemployment rate down to 7.7 percent from 7.9 percent in January. Stronger hiring shows businesses are confident about the economy, despite higher taxes and government spending cuts. Read More »
Throughout the 2012 election and into the economic confrontations of 2013, President Barack Obama has frequently referred to the country as being in a "recovery." But a new report released by the Heldrich Center for Workplace Development tells a different story, and challenges the idea that there's yet been... Read More »
WASHINGTON, Jan 24 (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell to its lowest since the early days of the 2007-09 recession, a hopeful sign for the sluggish labor market.
Initial claims for state unemployment benefits fell 5,000 to a seasonally adjusted... 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 »
WASHINGTON, Jan 3 (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, but the data continues to be too distorted by the holidays to offer a clear read of labor market conditions.
Initial claims for state unemployment benefits increased 10,000 to a seasonally... Read More »
WASHINGTON -- The number of Americans filing new claims for unemployment benefits fell for a third straight week last week, but still remain too volatile to offer a clear signal on labor market conditions.
Initial jobless claims dropped 25,000 to a seasonally adjusted 370,000, the Labor Department said on... Read More »
By Jason Lange
WASHINGTON -- U.S. employers stepped up hiring in October and the jobless rate ticked higher as more workers restarted job hunts, a hopeful sign for a lackluster economy that has dragged on President Barack Obama's re-election chances.
Employers added 171,000 workers to their payrolls last... 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 »
WASHINGTON -- The number of Americans filing new claims for unemployment benefits fell last week, giving a clearer sign that the labor market is healing after wild fluctuations in claims data at the beginning of the month.
Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted... Read More »
The number of U.S. job openings fell slightly in August, a troubling sign for a labor market that is recovering at a painfully slow pace.
Job openings -- a measure of labor demand -- dropped to 3.56 million from 3.59 million in July, the Labor Department said on Wednesday in its monthly Job Openings and Labor... 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 »
WASHINGTON -- The number of Americans filing new claims for unemployment benefits rose less than expected last week, according government data on Thursday that suggested a mild improvement in the labor market.
Initial claims for state unemployment benefits climbed 4,000 to a seasonally adjusted 367,000, the... Read More »
Many Americans -- especially those in the job market -- have been whipsawed in recent weeks in trying to determine just in which direction the economy is heading. Today's employment report did little to ease that back and forth, with the Labor Department reporting that the nation's employers added just 115,000... Read More »