The number of Americans filing new claims for jobless benefits fell last week to a near five-year low, a sign of economic health that could help convince the Federal Reserve to wind down a bond-buying stimulus program. Read More »
The number of Americans filing new claims for jobless benefits rose slightly last week but was near its lowest level since before the 2007-09 recession, a hopeful sign for the U.S. economy. Read More »
Last week the editor and publisher of The Oregonian announced brutal cuts: Almost 100 of the Portland daily newspaper's 650 employees would be laid off. The newsroom, in particular, was decimated; nearly 1 in 4 editorial staffers would be jobless by Sept. 27.
But that may not have been the most surprising part.... Read More »
WASHINGTON -- The number of Americans filing new claims for jobless benefits fell last week, nearing its lowest level in five years in a sign of resilience for the U.S. labor market. Initial claims for state unemployment benefits declined 12,000 to a seasonally adjusted 334,000, the Labor Department said... Read More »