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. Read More »

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... Read More »

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... Read More »

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... Read More »

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,... Read More »

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. Read More »

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... Read More »

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... Read More »

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? Read More »

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;... Read More »

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 --... Read More »

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... Read More »

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). Read More »

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. Read More »

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... Read More »

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... Read More »

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... Read More »

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... Read More »

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... Read More »

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... Read More »

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