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Jobless Claims Fall to Lowest Level in Nearly 5½ Years

Jobless Claims Fall to Lowest Level in Nearly 5½ Years

WASHINGTON -- The number of Americans filing new claims for unemployment benefits dropped to its lowest level in nearly 5½ years last week, signaling labor market resilience in the face of fiscal austerity. Initial claims for state unemployment benefits fell 4,000 to a seasonally adjusted 323,000, the ...

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More Than 1 Million Baby Boomers Are Secretly Unemployed

More Than 1 Million Baby Boomers Are Secretly Unemployed

The Bureau of Labor Statistics released its tabulation of the monthly unemployment rate, showing the jobless rate dipped to 7.5 percent in April. But that leaves out one major segment of the population: Those forced into retirement. While older Americans were less likely to lose their jobs in the recession, it's ...

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Jobless Claims Fall Sharply to 5-Year Low

Jobless Claims Fall Sharply to 5-Year Low

Getty Images By Jason Lange WASHINGTON -- 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, suggesting the job market is still healing despite weakness in the broader economy. Initial claims for state ...

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Italy Faces Shortage -- Of Pizza Makers

Italy Faces Shortage -- Of Pizza Makers

Even though so many jobs are outsourced or performed by immigrant labor, you might think that Italy would be the one place in the world were you could count on your pizza being made by an Italian. But according to a new report by FIPE, an Italian business federation, there's a shortage of pizza-makers in the ...

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Law School Grads With The Worst Chances Of Getting A Job

Law School Grads With The Worst Chances Of Getting A Job

By Erin Fuchs A San Diego law school with a lot of indebted students has topped a National Law Journal ranking of law schools with the highest percentage of jobless graduates. More than 31 percent of Thomas Jefferson School of Law's graduates had not gotten any job at all nine months out of school, according ...

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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 ...

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Now Even File Clerks Need A College Degree

Now Even File Clerks Need A College Degree

The country's current jobs crisis isn't a crisis for everyone. In February, college graduates had an unemployment rate of just 3.8 percent. But the unemployment rate for Americans over 25 with no college was over twice that, and for those without a high school diploma, a staggering 11.2 percent. Many of the jobs ...

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4 Million Openings: Too Many Employers Await 'Ideal Candidate'

4 Million Openings: Too Many Employers Await 'Ideal Candidate'

It won't be news to many that the optimism in the economy -- more spending, more investing, rising housing prices, and a soaring stock market -- hasn't trickled down to the unemployed. While companies are posting more vacancies, they're not hiring to fill them all. In fact, employers are taking much longer to ...

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Jobless Claims Fall Unexpectedly, As Labor Market Improves

Jobless Claims Fall Unexpectedly, As Labor Market Improves

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting a pickup in the labor market recovery. Initial claims for state unemployment benefits fell 7,000 to a seasonally adjusted 340,000, declining for a second straight week, the Labor Department said on ...

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