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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 ...

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Unemployment Falls To 7.7% As Employers Are Hiring Again

Unemployment Falls To 7.7% As Employers Are Hiring Again

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. ...

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Weekly Unemployment Claims Drop More Than Expected

Weekly Unemployment Claims Drop More Than Expected

WASHINGTON -- The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to a continued steady improvement in labor market conditions. Initial claims for state unemployment benefits dropped 27,000 to a seasonally adjusted 341,000, the Labor Department said ...

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The Real Reason There Are So Many Long-Term Unemployed?

The Real Reason There Are So Many Long-Term Unemployed?

The average unemployed American now spends 35 weeks job-hunting, an amount almost double what it's been at any point before the Great Recession. And one thing that everyone agrees on: Even though more and more companies are hiring, people who have been unemployed for six months or more aren't getting those ...

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The Economic Recovery Still A Mirage For American Workers

The Economic Recovery Still A Mirage For American Workers

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 ...

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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 ...

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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. ...

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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 ...

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Weekly Jobless Claims Increase Slightly As Employment Market Improves

Weekly Jobless Claims Increase Slightly As Employment Market Improves

WASHINGTON, Jan 31 (Reuters) - The number of Americans filing new claims for unemployment benefits bounced off five-year lows last week, pulling them back to levels consistent with modest job growth. Initial claims for state unemployment benefits increased 38,000 to a seasonally adjusted 368,000, the Labor ...

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