UnemploymentRate

Good News on Hiring: U.S. Job Openings Rose in May

U.S. employers advertised more jobs in May than April, a hopeful sign after three months of weak hiring. Job openings rose to a seasonally adjusted 3.6 million -- the second-highest level in nearly four years -- the Labor Department said Tuesday.

Initial Jobless Claims Hit 4-Year Low as Hiring Gets Stronger

The number of people seeking U.S. unemployment benefits fell to a four-year low last week, suggesting employers kept hiring in March at a healthy pace. Weekly applications dropped 6,000 to a seasonally adjusted 357,000, the Labor Department said Thursday.

Unemployment Rate Hits 8.3% After Hiring Burst

Employers went on a hiring spree in January and drove down the unemployment rate for a fifth straight month to 8.3 percent, its lowest point in nearly three years. The result pointed to a resurgent job market, and it sent stock futures surging. The Dow Jones industrial average futures, which were flat before the report, jumped 95 points.

Unemployment Rate Falls to 8.5%, Hiring Surges

A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the end of 2011. The Labor Department said Friday that employers added a net 200,000 jobs last month and the unemployment rate fell to 8.5 percent, the lowest since February 2009. The rate has dropped for four straight months.

Stocks Weaken Despite Strong December Jobs Report

Stocks are opening slightly lower despite a government report that the unemployment rate dropped in December to the lowest level in nearly three years. The Labor Department said early Friday that the unemployment rate fell last month to 8.5%, while U.S. employers added a net 200,000 jobs.

Unemployment Fell in 43 States in November

Unemployment rates fell in 43 states in November, reflecting a modest pickup in the nation's job market. Nationally, the unemployment rate dropped in November to 8.6%, the lowest since March 2009.

Job Market Brightens as Unemployment Claims Sink

Far fewer people are seeking unemployment benefits than just three months ago %u2014 a sign that layoffs are falling sharply. The number of people applying for benefits fell last week to 366,000, the fewest since May 2008. If the number stayed that low consistently, it would likely signal that hiring is strong enough to lower unemployment.

Tweak Your Major, Transform Your Job Prospects

Unemployment among recent college grads is at 9.3% -- but not for every major. The good news is, you can follow your skills and passions and still find a job. The highest-unemployment majors are often related to options that use the same skills, but offer much better odds of a job.

Unemployment Rate Falls to Lowest Since March 2009

The unemployment rate fell last month to its lowest level in more than two and a half years, as employers stepped up hiring in response to the slowly improving economy. The Labor Department says the unemployment rate dropped sharply to 8.6 percent last month, down from 9 percent in October. The rate hasn't been that low since March 2009.

Unemployment Hurting Oldest, Youngest Workers

Many of you reached out to Daily Finance earlier this week, after we ran a report on long-term unemployment's impact on older workers. Readers shared stories of careers terminated, benefits exhausted, and savings consumed. Today's news about slight improvements in the unemployment rate bring little relief.

Employers Add 80,000 Jobs, Unemployment Rate Dips to 9 Percent

Hiring slowed in October as employers faced more uncertainty over future economic growth. The Labor Department says the economy added 80,000 jobs last month, the fewest in four months and below September's revised total of 158,000. The unemployment rate dipped to 9%.

Want a Job? Pack Your Bags

There's no question the United States has a jobs crisis, with an unemployment rate of 9.1% and millions of workers out of a job for more than a year. But a state-by-state view shows that parts of the country are in less dire shape. For today's job seekers, the biggest question may not be if you want a new job, but where are you willing to go to find one?

U.S. Unemployment, Europe's Bailout Let the Market Breathe

The stock market came to life this week, as investors bet that the economy wouldn't be as bad as had been priced in. The ISM Index, a gauge of manufacturing activity, rose more than expected, construction spending grew, and Europe started to get its act together on a massive bailout fund. But as usual, it all starts with unemployment.

How to Recover from Long-Term Unemployment

Recovering financially after long-term unemployment isn't easy, but it's fairly straightforward: Pay off debts, rebuild savings, and adjust to your new income. Recovering emotionally is far more complicated -- it means retraining your brain and consciously shifting your perspective.

Europe's Debt, U.S. Unemployment Draw Focus

September is finally over, and we're heading into a few fast weeks of economic data and earnings releases. With stock market and macroeconomic factors taking new twists nearly every day, it's hard to keep up. So let's focus on the data and news that will matter most to your bottom line.

Retailers Already Trying to Fend Off the Grinch

It's hard not to sound like the Grinch these days: As we head into the holiday season, unemployment remains painfully high, and August 2011 saw a 47% increase in layoffs compared to last year, with no growth in hiring. Poverty stats are equally dismal, with the cost of living rising. Here's how retailers are responding.

America's 10 Poorest Suburbs

Poverty has been rising even faster in the suburbs than it has in cities -- about five times faster, according to the Brookings Institute. To help understand this phenomenon, 24/7 Wall St. has analyzed the 10 metropolitan areas with the highest rates of poverty in their suburbs.

Is Coffee the New Leading Economic Indicator?

At Mo'joe Cafe in Berkeley, CA, customers huddle over their laptops and lattes, searching for jobs or working remotely as contractors. But business overall -- meaning mainly the "morning rush" -- is slow, and has been since the economic downturn. Could coffee sales be an index of economic health?

Is It Time for Unions to Sober Up?

In this economy, many Americans feel grateful to have jobs in the first place. The nation's high unemployment rate makes recent video of some of Chrysler's unionized workers drinking and smoking pot on the job all the more galling. It's time for unions to stop protecting slacker employees.

Unemployment Rate Falls,
but Stocks Slip on Oil

During a volatile week, stocks bounced between Mideast turmoil and generally strong economic reports. Even with the jobless rate's surprising drop, equities ended on a down note. Still, stocks eked out a tiny overall gain on the week.

This Week's Market:
'Time to Be a Little Careful'

The market suffered its biggest swoon since August last week as chaos swept Libya and oil prices hit multiyear highs. With the geopolitical landscape uncertain for the foreseeable future, don't be surprised if stocks come under further selling pressure in the days ahead.

U.S. Jobless Claims Drop More Than Expected

The number of new and continuing jobless claims fell last week more than economists had expected, a sign of modest progress in the labor market. After a seasonal rise this summer, claims appear to be trending lower.

10 best job growth areas in America

Despite a national economic slump, a handful of metro areas offer excellent prospects for both college grads and seasoned job seekers.

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