Unemploymentrate

  • June Jobs Report: Amidst Gloom, Some Good News For Job Seekers

    June Jobs Report: Amidst Gloom, Some Good News For Job Seekers

    For desperate job seekers, June's employment report from the Labor Department contained little -- if any -- good news. The U.S. economy added far fewer jobs than analysts expected, just 80,000, compared to the 90,000 forecast, and the unemployment rate remained at 8.2 percent, or 12.7 million people. Continue Reading

  • The History Behind All That U.S. Jobs Data  [Infographic]

    The History Behind All That U.S. Jobs Data [Infographic]

    Even casual observers of business news have likely noticed that the federal government spews out information about the nation's economy and its people at a seemingly unstoppable pace. From weekly reports on initial claims for jobless benefits to monthly reports on prices, employment, goods production and... Continue Reading

  • U.S. Unemployment Claims Barely Budge, New Data Shows

    U.S. Unemployment Claims Barely Budge, New Data Shows

    New claims for unemployment benefits fell slightly last week, government data on Thursday showed, suggesting that the labor market continues to expand at a moderate pace. Initial claims for state unemployment benefits slipped by 2,000 to a seasonally adjusted 370,000, the Labor Department said. The prior... Continue Reading

  • April Jobs Report: Hiring Slows Again, Unemployment Falls A Bit

    April Jobs Report: Hiring Slows Again, Unemployment Falls A Bit

    Many Americans -- especially those in the job market -- have been whipsawed in recent weeks in trying to determine just in which direction the economy is heading. Today's employment report did little to ease that back and forth, with the Labor Department reporting that the nation's employers added just 115,000... Continue Reading

  • 117,000 Jobs Added In July Ease Fears Of Recession

    117,000 Jobs Added In July Ease Fears Of Recession

    By CHRISTOPHER S. RUGABER WASHINGTON (AP) -- Hiring picked up slightly in July, and the unemployment rate dipped to 9.1 percent. The modest improvement could ease fears of another recession, but it wasn't enough to prevent another wild day of trading on Wall Street. Employers added 117,000 jobs last month,... Continue Reading

  • Jobs at Last!  Seven Industries Adding Jobs Right Now

    Jobs at Last! Seven Industries Adding Jobs Right Now

    If you focus on the fact that the American economy added 290,000 jobs in April -- an unexpectedly high number, you won't be so discouraged by the news that the unemployment rate rose to 9.9 percent, according to the latest numbers released by the US Bureau of Labor Statistics. Continue Reading

  • Cities with the Highest and Lowest Unemployment in March

    Cities with the Highest and Lowest Unemployment in March

    While unemployment rates are higher this March than they were last March, the latest numbers from the Bureau of Labor Statistics reveal that unemployment was up in 321 of the 372 metropolitan areas, but lower in 41 areas, and unchanged in 10 areas. Twenty-eight areas recorded jobless rates of at least 15.0... Continue Reading

  • Some States Actually Added Jobs Last Month

    Some States Actually Added Jobs Last Month

    While unemployment numbers changed very little last month from the month before, there were actually 17 states plus the District of Columbia that registered lower unemployment rates and others that added jobs, according to the U.S. Bureau of Labor Statistics. Unemployment was reduced in five states. Still, for... Continue Reading

  • Bye-Bye Benefits

    Bye-Bye Benefits

    It's true that generous employer perks are among the many casualties of the unemployment crisis. But on the bright side, most of us won't miss the cushier ones. After all, how many out there got to take advantage of expense-account first-class travel or company-aided adoptions? Continue Reading

  • California is No Longer The Golden State

    California is No Longer The Golden State

    Looks like California is going to have to change its nickname from The Golden State to the Moldin' State if the unemployment situation there doesn't improve soon. Three areas in California registered the highest unemployment rates of anywhere in the nation in January. Those areas are: El Centro, 27.3 percent;... Continue Reading

  • Vets Out of Work: Numbers are Up But Prospects are Good

    Vets Out of Work: Numbers are Up But Prospects are Good

    "Thanks for serving -- sorry we don't have anything for you." That's the message more and more recently returned veterans are receiving from employers these days when they apply for jobs. The unemployment rate for veterans ages 18-24 last month was 21.1 percent, according to the Bureau of Labor Statistics --... Continue Reading

  • President Obama Signs $18 Billion Jobs Bill

    President Obama Signs $18 Billion Jobs Bill

    President Obama signed the Hiring Incentives to Restore Employment Act (HIRE) Thursday, providing $18 billion in tax credits to businesses. The legislation aims to encourage hiring and reduce the country's persistently high unemployment rate, which currently stands at 9.7%. The act exempts companies from the... Continue Reading

  • Are You Lucky Enough to be Living Where Employment is Rising?

    Are You Lucky Enough to be Living Where Employment is Rising?

    Believe it or not, in January, nonfarm payroll employment actually increased in 31 states and the District of Columbia. The five states with the biggest employment increase are: California(+32,500) Illinois (+26,000) New York (+25,500) Washington (+18,900) Minnesota (+15,600). Continue Reading

  • Unemployment: Who's Been Hit the Hardest?

    Unemployment: Who's Been Hit the Hardest?

    While the most recent numbers released by the Bureau of Labor Statistics showed that very little has changed since January and unemployment rates held at 9.7%, they also reveal some fascinating facts on which gender, race, age and education levels are taking the hardest hits in this economy. Continue Reading

  • The Unemployment Rate Explained

    The Unemployment Rate Explained

    The national unemployment rate currently sits at 9.7 percent, down from 10 percent the previous month, but almost double what it was five years ago. This means that 14.8 million of the approximately 150 million people who make up the national workforce do not presently have jobs. Sounds simple and... Continue Reading

  • Good Job News: Unemployment Claims Down, Sales and Productivity Up

    Good Job News: Unemployment Claims Down, Sales and Productivity Up

    Last week the number of people filing for unemployment benefits was actually lower than it was the week before, which is a sign that layoffs could be slowing. In the week ending Feb. 27, initial claims numbered 469,000, a decrease of 29,000 from the previous week's 498,000, according to numbers released by the... Continue Reading

  • Unemployment Numbers Still Rising--How's Your State Doing?

    Unemployment Numbers Still Rising--How's Your State Doing?

    The only good news in the most recent unemployment numbers comes if you believe the saying, "What goes up must come down." Filings for unemployment benefits continue to rise. Last week there were 496,000 seasonally adjusted initial unemployment claims -- that's an increase of 22,000 above the previous week's... Continue Reading

  • Full Job Recovery is at Least Five Years Off

    Full Job Recovery is at Least Five Years Off

    Ah, the good old days -- early 2009, when the White House predicted the jobless rate would not rise above 8 percent. By the end of the year, unemployment was creeping up past 10 percent. In January it went back down to 9.7 percent; but this time, White House officials are not so optimistic, and are predicting... Continue Reading

  • Is Your City More or Less Jobless?

    Is Your City More or Less Jobless?

    It's no surprise that recently released numbers from the Bureau of Labor Statistics show that 31 of the 32 metropolitan divisions in the US reported overall employment losses in 2009. What might come as a mildly pleasant surprise to some, however, is that one city area actually showed an employment increase... Continue Reading

  • Hope for the Unemployed in 2010?

    Hope for the Unemployed in 2010?

    According to a Feb. 12, 2010, article in The New York Times, "The Obama administration projected Thursday that the unemployment rate would fall this year by only a little, if at all, and would remain well over 6 percent until 2015." Unemployment is still big news, no matter what part of the country you live... Continue Reading

  • If Unemployment is Down, Why Aren't We Partying?

    If Unemployment is Down, Why Aren't We Partying?

    The unemployment rate fell from 10 percent to 9.7 percent, the manufacturing industry added 11,000 jobs in January -- which is the first monthly increase since November 2007 -- and the number of temporary workers grew by 52,000. Still, the stock market plunged and analysts are predicting it's a long, slow,... Continue Reading

  • Jobless Claims Increase -- Again

    Jobless Claims Increase -- Again

    Newly released Labor Department numbers show that while economists had expected a drop in new jobless claims, the number of people filing for first-time unemployment benefits has actually increased yet again-the fourth increase in the past five weeks. Continue Reading

  • Some States are Actually Gaining Jobs!

    Some States are Actually Gaining Jobs!

    It's no surprise that 39 states lost jobs last month, but what might provide a glimmer of hope is the fact that employment actually increased in 11 states and the District of Columbia, led by Virginia, which added 9,500 jobs. It's not a lot, but at least it's something. Oklahoma had the next highest job... Continue Reading

  • What Potential Employers REALLY Want to Know

    What Potential Employers REALLY Want to Know

    I'd just finished talking about the recently released unemployment numbers on Fox Business News, when the makeup artist who made me look far better than I have a right to ran up to me and said, "I need to follow your advice! I should brand myself by starting my own blog and getting business cards. I want to tell... Continue Reading

  • Who Said We Were Giving Up?

    Who Said We Were Giving Up?

    I recently read an article that claimed the unemployment rate is staying below 10 percent because we unemployed people have just packed it up and called it quits. And according to the statistics, maybe this is a little bit true. Continue Reading

  • Cheer Up Michigan! You're Better Off than California

    Cheer Up Michigan! You're Better Off than California

    All you comment leavers from Michigan who are concerned that your state is going to hell in a hand basket and your jobs are going right along with it can take heart: Recent statistics released by the Bureau of Labor Services show that California's employment problems are even worse than yours. Among the 17... Continue Reading

  • Another 85K Jobs Cut in December -- Now What?!

    Another 85K Jobs Cut in December -- Now What?!

    The US rounded out the year with another economic set back. Reuters and the New York Times were among the first to report that US employers cut as many as 85,000 jobs in December 2009, causing a big stir on Wall Street, and a ripple effect through the nation that forces Obama to reconsider his plan to... Continue Reading

  • Economy loses 85K jobs, unemployment rate steady

    Economy loses 85K jobs, unemployment rate steady

    By CHRISTOPHER S. RUGABER WASHINGTON -Lack of confidence in the economic recovery led employers to shed a more-than-expected 85,000 jobs in December even as the unemployment rate held at 10 percent. The rate would have been higher if more people had been looking for work instead of leaving the labor force... Continue Reading

  • The Good, The Bad and The Ugly for Job Seekers in 2010

    The Good, The Bad and The Ugly for Job Seekers in 2010

    With end of year economics reports coming out and pundits predicting possibilities for 2010, job seekers are finding multiple reasons both to cheer and jeer. The Good In a recent interview on ABC's This Week, White House economic adviser Lawrence Summers said he believes Spring will see a marked... Continue Reading

  • The States of Unemployment

    The States of Unemployment

    It's not quite time to put on your party hat and start singing "We're in the Money," but the recently released monthly employment statistics do shine a little ray of hope. It seems that 36 states and the District of Columbia posted unemployment rate decreases between October and November, and only eight states... Continue Reading

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