unemployment report

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... Read More »

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... Read More »

U.S. Job Openings Fall In August As Labor Market Stagnates: Report

U.S. Job Openings Fall In August As Labor Market Stagnates: Report

WASHINGTON - The number of jobs waiting to be filled fell in August, underscoring the pain in the labor market where millions of unemployed workers have been shut out of the economic recovery. There were only 3.06 million available jobs at the end of August, down from July's downwardly revised 3.21 million,... Read More »

Economy Adds 103K Jobs, Rate Stays 9.1 Percent

Economy Adds 103K Jobs, Rate Stays 9.1 Percent

WASHINGTON (AP) -- The economy added 103,000 jobs in September, a burst of hiring that followed a sluggish summer. The figure at least temporarily calms fears of a new recession that have hung over Wall Street and the nation for weeks. Read More »

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