Labor Department

  • Jobless Rate Rises To 7.6%, With More Workers Entering Labor Force

    Jobless Rate Rises To 7.6%, With More Workers Entering Labor Force

    By Jason Lange WASHINGTON -- U.S. employers stepped up hiring in May, a sign that the economy was growing modestly but not strong enough to convince the Federal Reserve to scale back the amount of cash it is pumping into the banking system. The United States added 175,000 jobs last month, just above the median... Continue Reading

  • U.S. Jobless Claims Jump, A Worrisome Sign For Economy

    U.S. Jobless Claims Jump, A Worrisome Sign For Economy

    WASHINGTON -- The number of Americans filing new claims for unemployment benefits jumped last week at the fastest pace in six months, a worrisome sign for the economy which has been hit by government austerity. Initial claims for state unemployment benefits jumped by 32,000 to a seasonally adjusted 360,000, the... Continue Reading

  • Hiring Up, Jobless Rate Falls To 7.5%

    Hiring Up, Jobless Rate Falls To 7.5%

    .S. employers added 165,000 jobs in April, and hiring was much stronger in the previous two months than first thought. The gains trimmed the unemployment rate to a four-year low of 7.5 percent. Continue Reading

  • Jobless Claims Fall Sharply to 5-Year Low

    Jobless Claims Fall Sharply to 5-Year Low

    The number of Americans filing new claims for jobless benefits fell sharply last week to its lowest level since the early days of the 2007-09 recession. Continue Reading

  • Employers Add Far Fewer Jobs In April Than Forecast

    Employers Add Far Fewer Jobs In April Than Forecast

    Private-sector hiring slowed again in April as companies added the fewest employees in seven months, the latest sign the economy is encountering a soft patch Continue Reading

  • U.S. Jobless Claims Fall, Labor Market Recovery Advances

    U.S. Jobless Claims Fall, Labor Market Recovery Advances

    WASHINGTON -- The number of Americans filing new claims for unemployment benefits fell last week, offering reassurance that the bottom is not falling out of the labor market despite signs of slower growth. Initial claims for state unemployment benefits dropped 16,000 to a seasonally adjusted 339,000, the Labor... Continue Reading

  • U.S. Jobless Claims Rise Marginally Last Week

    U.S. Jobless Claims Rise Marginally Last Week

    WASHINGTON -- The number of Americans filing new claims for unemployment benefits rose slightly last week, which could further allay fears of a major setback in the labor market recovery. Initial claims for state unemployment benefits increased 4,000 to a seasonally adjusted 352,000 the Labor Department said on... Continue Reading

  • U.S. Jobless Claims Fall Sharply, Raising Hope Of Stable Economy

    U.S. Jobless Claims Fall Sharply, Raising Hope Of Stable Economy

    Initial claims for state unemployment benefits dropped, the Labor Department said on Thursday, with the jobless claims showing the largest weekly decline since mid-November. Continue Reading

  • March Hiring Slowed, Raising Fears About The Economy

    March Hiring Slowed, Raising Fears About The Economy

    Jin Lee/Bloomberg By Jason Lange WASHINGTON -- American employers hired at the slowest pace in nine months in March, a sign that Washington's austerity drive could be stealing momentum from the economy. The economy added just 88,000 jobs last month and the jobless rate ticked a tenth of a point lower to 7.6... Continue Reading

  • U.S. Jobless Claims At Four-Month High, Cast Shadow Over Labor Market

    U.S. Jobless Claims At Four-Month High, Cast Shadow Over Labor Market

    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... Continue Reading

  • U.S. Jobless Claims Rise, Labor Market Still Healing

    U.S. Jobless Claims Rise, Labor Market Still Healing

    WASHINGTON -- The number of Americans filing new claims for unemployment benefits rose more than expected last week, but probably not enough to suggest the labor market recovery was taking a step back. Initial claims for state unemployment benefits increased 16,000 to a seasonally adjusted 357,000, the Labor... Continue Reading

  • U.S. Jobless Claims Point To Improving Labor Market

    U.S. Jobless Claims Point To Improving Labor Market

    WASHINGTON -- The number of Americans filing new claims for jobless benefits edged higher last week, but a trend reading dropped to its lowest in five years and pointed to ongoing healing in the labor market. Initial claims for state unemployment benefits rose 2,000 to a seasonally adjusted 336,000, the Labor... Continue Reading

  • U.S. Jobless Claims Fall For 3rd Straight Week

    U.S. Jobless Claims Fall For 3rd Straight Week

    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... Continue Reading

  • Weekly Jobless Claims Drop, Suggesting Improved Labor Market

    Weekly Jobless Claims Drop, Suggesting Improved Labor Market

    WASHINGTON -- The number of Americans filing jobless claims fell more than expected last week, suggesting some traction in the labor market recovery. Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 344,000, the Labor Department said on Thursday. The prior week's claims... Continue Reading

  • Jobless Claims Fall To Near 5-Year Low

    Jobless Claims Fall To Near 5-Year Low

    WASHINGTON -- The number of Americans filing new claims for jobless benefits fell last week and a trend reading hit a near five-year low, pointing to ongoing healing in the labor market. Initial claims for state unemployment benefits dropped by 5,000 to a seasonally adjusted 366,000, the Labor Department said... Continue Reading

  • Why Unemployment Stretches Are Getting Shorter

    Why Unemployment Stretches Are Getting Shorter

    By Tami Luhby NEW YORK -- The average time Americans spent unemployed dropped a record 2.8 weeks in January ... but hold the applause. The reason is likely because many people ran out of unemployment benefits so they stopped looking for work, experts said. Continue Reading

  • January Jobs Report: U.S. Gains 157,000 Jobs, Unemployment Rate Up

    January Jobs Report: U.S. Gains 157,000 Jobs, Unemployment Rate Up

    By Lucia Mutikani WASHINGTON -- U.S. job growth grew modestly in January and gains in the prior two months were bigger than initially reported, supporting views that the economy's sluggish recovery was on track despite a surprise contraction in output in the final three months of 2012. Employers added... Continue Reading

  • U.S. Jobless Claims At 5-Year Low, Job Market Healing

    U.S. Jobless Claims At 5-Year Low, Job Market Healing

    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... Continue Reading

  • U.S. Jobless Claims Drop To 5-Year Low

    U.S. Jobless Claims Drop To 5-Year Low

    WASHINGTON -- The number of Americans filing new claims for unemployment benefits tumbled to a five-year low last week, a hopeful sign for the sluggish labor market. Initial claims for state unemployment benefits fell 37,000 to a seasonally adjusted 335,000, the lowest level since January 2008, the Labor... Continue Reading

  • Weekly Jobless Claims Inch Up As The New Year Starts

    Weekly Jobless Claims Inch Up As The New Year Starts

    WASHINGTON -- The number of Americans filing new claims for unemployment benefits rose last week, but seasonal volatility makes it difficult to get a clear picture of the labor market's health. Initial claims for state unemployment benefits increased 4,000 to a seasonally adjusted 371,000, the Labor... Continue Reading

  • Jobs Report: Unemployment Rate Holds Steady At 7.8%

    Jobs Report: Unemployment Rate Holds Steady At 7.8%

    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... Continue Reading

  • U.S. Jobless Claims Rise, But Distorted By Holidays

    U.S. Jobless Claims Rise, But Distorted By Holidays

    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... Continue Reading

  • Jobless Claims At Their Lowest Since Mid-2008

    Jobless Claims At Their Lowest Since Mid-2008

    The number of Americans filing new claims for unemployment aid fell last week to nearly its lowest level in 4½ years, a sign that the labor market is healing. Continue Reading

  • Weekly Jobless Claims Rise, But Job Growth Remains Steady

    Weekly Jobless Claims Rise, But Job Growth Remains Steady

    WASHINGTON -- The number of Americans filing new claims for unemployment aid rose last week, putting them back at the lower end of their pre-storm range and suggesting job growth remains moderate. Initial claims for state unemployment benefits increased 17,000 to a seasonally adjusted 361,000, the Labor... Continue Reading

  • November Jobs Report: Hiring Up, Unemployment Rate Falls -- Despite Sandy

    November Jobs Report: Hiring Up, Unemployment Rate Falls -- Despite Sandy

    By Christopher S. Rugaber WASHINGTON -- The U.S. economy added 146,000 jobs in November and the unemployment rate fell to 7.7 percent, the lowest since December 2008. The government said Superstorm Sandy had only a minimal effect on the figures. The Labor Department's report Friday offered a mixed picture... Continue Reading

  • U.S. Jobless Claims Drop 25,000, As Hurricane Sandy's Effect Wanes

    U.S. Jobless Claims Drop 25,000, As Hurricane Sandy's Effect Wanes

    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... Continue Reading

  • ADP Report: Sandy Slowed Hiring In November

    ADP Report: Sandy Slowed Hiring In November

    By Christopher S. Rugaber WASHINGTON -- A private survey shows that U.S. businesses added fewer workers in November, in part because Superstorm Sandy shut down factories, retail stores and other companies. Payroll processor ADP says employers added 118,000 jobs last month. That's below October's total of... Continue Reading

  • Unemployment Claims Drop, As Sandy's Effects Wear Off

    Unemployment Claims Drop, As Sandy's Effects Wear Off

    WASHINGTON, Nov 29 (Reuters) - The number of Americans filing new claims for unemployment benefits dropped for a second straight week last week, unwinding some of the storm-related surge, which has muddled the labor market picture. Initial claims for state unemployment benefits dropped 23,000 to a seasonally... Continue Reading

  • Unemployment Rates Fall In More Than Half Of Large U.S. Cities

    Unemployment Rates Fall In More Than Half Of Large U.S. Cities

    By Christopher S. Rugaber WASHINGTON -- Unemployment rates declined last month in more than half of the 372 largest U.S. cities, further evidence of steady improvement in the job market. The Labor Department says rates fell in 201 metro areas. They rose in 116 and were unchanged in 55. The number of cities... Continue Reading

  • Jobless Claims Jump, Hurricane Sandy Blamed

    Jobless Claims Jump, Hurricane Sandy Blamed

    WASHINGTON -- The number of Americans filing new claims for jobless benefits surged last week to a 1 1/2-year high, a sign superstorm Sandy had dented the U.S. economy by leaving tens of thousands of people out of work. Initial claims for state unemployment benefits rose 78,000 to a seasonally adjusted... Continue Reading