Unemployment Rate

  • 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. Continue Reading

  • 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 on... Continue Reading

  • 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... Continue Reading

  • 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... 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

  • 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... Continue Reading

  • Unemployed Man, Chad David Ryan, Turned To Robbery, Police Say

    Unemployed Man, Chad David Ryan, Turned To Robbery, Police Say

    In an investigation of a grocery store theft, police in Newberry Township, Pa., tracked down the home of 39-year-old Chad David Ryan. When they arrived, Ryan was unpacking several hundred dollars worth of stolen food, reports the York Daily Record. He then confessed to a string of armed robberies, showed... 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

  • Don't Move Here: 5 Cities With The Highest Unemployment

    Don't Move Here: 5 Cities With The Highest Unemployment

    By Vivian Giang At the end of 2012, the U.S. national unemployment rate was 7.8 percent and the country added 155,000 jobs in December, but these numbers still reflect a troubling economy with a long way to go. "This shows the depth of the recent employment recession -- worse than any other post-war... 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

  • 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

  • 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

  • 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

  • Unemployment Rate Falls In 75 Percent Of States

    Unemployment Rate Falls In 75 Percent Of States

    By Christopher S. Rugaber WASHINGTON -- An increase in hiring helped lower unemployment rates in 37 U.S. states last month, the latest indication that the job market is slowly healing. Unemployment rates are now below 7 percent in 23 of the 50 states. The Labor Department says rates rose in seven states in... Continue Reading

  • 3 Job-Search Mistakes You Don't Realize You're Making

    3 Job-Search Mistakes You Don't Realize You're Making

    By Robert Chen How long has it been since you either became unemployed or began looking for a new job while stuck in one you hate? If the answer is somewhere between "a while" and "way, way too long," it's worth rolling up your sleeves and asking some uncomfortable questions about why you haven't landed... Continue Reading

  • Pre-Election Jobs Report: Increased Hiring, 7.9% Unemployed

    Pre-Election Jobs Report: Increased Hiring, 7.9% Unemployed

    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... Continue Reading

  • October Jobs Report Not Delayed, Coming Friday, Labor Department Says

    October Jobs Report Not Delayed, Coming Friday, Labor Department Says

    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. Continue Reading

  • Weekly Jobless Claims Drop, Job Market Healing

    Weekly Jobless Claims Drop, Job Market Healing

    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... Continue Reading

  • The Job Market In Swing States: Will That Predict The Election?

    The Job Market In Swing States: Will That Predict The Election?

    "Are you better off now than you were when Obama took office?" This has been Mitt Romney's campaign trail refrain, and so October's jobs numbers were greeted heartily by team Obama. Unemployment is now at 7.9 percent -- around the same rate as January 2009 -- which means that for the average American, the... Continue Reading

  • Weekly Jobless Claims Rise, Technical Issues Cited

    Weekly Jobless Claims Rise, Technical Issues Cited

    WASHINGTON, Oct 18 (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, reversing a sharp decline in the prior week but still pointing to a labor market that is slowly healing. Initial claims for state unemployment benefits rose 46,000 to a seasonally adjusted... Continue Reading

  • Gallup Finds U.S. Unemployment Rate Plummeting

    Gallup Finds U.S. Unemployment Rate Plummeting

    New data from Gallup affirms official government statistics, showing that the unemployment rate is dropping sharply. Gallup's data finds that unemployment has declined from 7.9 percent in late September to 7.3 percent in mid-October, the lowest since Gallup began collecting data in January 2010. Take a look... Continue Reading

  • Weekly Jobless Claims Fall To Lowest In 4.5 Years

    Weekly Jobless Claims Fall To Lowest In 4.5 Years

    WASHINGTON, Oct 11 (Reuters) - The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in more than four and a half years, according to government data on Thursday that suggested improvement in the labor market. Initial claims for state unemployment... Continue Reading

  • BLS Economist Explains Why 'Cooked Jobs Report' Charge Is 'Preposterous'

    BLS Economist Explains Why 'Cooked Jobs Report' Charge Is 'Preposterous'

    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... Continue Reading

  • Could The Jobs Numbers Be 'Cooked'?

    Could The Jobs Numbers Be 'Cooked'?

    After months of tepid jobs reports, the Labor Department reported Friday that nation's unemployment fell to a level not seen since before President Obama took office in January 2009, 7.8 percent. That was good news for job hunters and workers -- and of course, President Obama. So immediately the conspiracy... Continue Reading

  • Discouraged Workers: Ashamed, Invisible And An Enduring Statistic

    Discouraged Workers: Ashamed, Invisible And An Enduring Statistic

    Like many older, unemployed workers, Geoff Dutton would like to find a job. The former software-manual writer has been out of work for 18 months, and during that time businesses have increasingly shifted to Internet-based systems for storing data rather than having their own in-house servers. "The companies... Continue Reading