Extended Unemployment Benefits Don't Discourage Job Seeking: Fed
Despite arguments to the contrary, giving unemployed Americans extended jobless benefits of up to 99 weeks didn't prevent them from taking jobs, according a new report.
hiring
Hiring Up, Jobless Rate Falls To 7.5%
U.S. employers added 165,000 jobs in April, and hiring was much stronger in the previous two months than first thought.
Employers Added 88,000 Jobs in March, Far Fewer Than Expected
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.
U.S. CEOs Wary of Hiring, Despite Improving Economy
U.S. CEOs' confidence in the economy rebounded in the first quarter, but they remained leery of taking on new workers at home, citing inaction in Washington.
Some Fed Officials Worried Bond Purchases May Fuel Inflation
Several Federal Reserve policymakers warned last month that the Fed's plan to keep buying $85 billion in bonds each month until the job market is healthy could eventually escalate inflation, unsettle financial markets or cost the Fed money when it sells its investments.
U.S. Factory Orders Rose 1.8% in December, but Signals Are Mixed
U.S. factory orders increased 1.8 percent in December, but demand for core capital goods, a category considered a proxy for business investment plans, dipped 0.3 percent in December following strong gains in November and October.
U.S. Factory Orders Likely to Indicate Strengthening Economy
U.S. factory orders likely rose 2 percent in December, and a preliminary report on durable manufactured goods suggests that business investment plans increased for the third straight month.
U.S. Added 192,000 Jobs in January, ADP Reports
Payroll processor ADP says that employers added 192,000 jobs in January. That is more than December's revised number of 185,000, which had initially been reported at 215,000.
Initial Jobless Claims Hit 5-Year Low, Signaling a Healing Job Market
The number of Americans filing new claims for unemployment benefits fell to its lowest since the early days of the Great Recession, a hopeful sign for the sluggish labor market. Initial claims fell 5,000 to a seasonally adjusted 330,000.
Initial Jobless Claims Inch Up in the New Year
The number of Americans filing new claims for unemployment benefits rose by 4,000 last week, but seasonal volatility makes it difficult to get a clear picture of the labor market's health. The prior week's figure was revised to show 5,000 fewer applications than previously reported.
New Jobless Aid Applications Fall to Second Lowest Rate of 2012
Initial applications for unemployment benefits fell by 29,000 last week to a seasonally adjusted 343,000, the lowest level in two months. That's also the second-lowest total this year, and a sign that the job market may be improving.
Jobs Report: Despite Sandy, Hiring Is Up and Unemployment Is Down
The U.S. economy added 146,000 jobs in November and the unemployment rate fell to 7.7 percent, the lowest since December 2008. The government said Superstorm Sandy had only a minimal effect on the figures.
Initial Jobless Claims Fall by 25,000 as Sandy's Effect Wanes
The number of Americans filing new claims for unemployment benefits fell for a third straight week last week, but still remain too volatile to offer a clear signal on labor market conditions. Initial jobless claims dropped 25,000 to a seasonally adjusted 370,000.
Initial Jobless Claims Fall Again as Hurricane Sandy's Impact Fades
The number of Americans filing new claims for unemployment benefits dropped for a second straight week last week, unwinding some of the surge related to Hurricane Sandy, which has muddled the labor market picture. Initial claims dropped 23,000 to a seasonally adjusted 393,000.
Initial Jobless Claims Plunge as Sandy Continues to Distort Data
The number of people seeking U.S. unemployment benefits fell sharply by 41,000 last week to a seasonally adjusted 410,000, though the figure was elevated for the second straight week by Superstorm Sandy. But employment should rebound after the impact of the storm passes.