The number of Americans lining up for new jobless benefits fell last week by 12,000, dropping for the first time since April and hinting that last month's slowdown in hiring may have been temporary.
U.S. employers pulled back on hiring in April for the second straight month, evidence of an economy still growing only sluggishly. The unemployment rate dipped, but only because more people gave up looking for work.
Federal tax giveaways to industries have received much criticism, but the relocation incentives offered by states may be the most counterproductive of all corporate subsidies.
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.
The nation's struggling jobs picture continued to improve in October, despite ongoing concern about the anemic economic recovery, two reports showed Wednesday. Private employers in the U.S. added 110,000 jobs last month, according to the ADP National Employment Report, more than the 101,000 analysts expected, Reuters reported.
What do Tea Partiers feed their families? On Monday, Rep. John Fleming (R-La.), met with MSNBC's Chris Jansing to discuss President Obama's proposed tax hikes on the wealthy. Rep. Fleming only brings home $600,000 a year, and his explanation of why that just isn't enough offers an interesting glimpse into the world of Tea Party economic theory.
As the creation of new jobs slows and layoffs continue, small businesses keep hiring. ADP is betting those companies will continue to buck the trend. It's setting up new services to capitalize on that growth.
For more than two centuries, the Census Bureau has plotted America's population center, mapping a steady progression of westward and southward growth. With a boom in Texas and busts on the coasts sending the center South, what does the new center say about the nation's future?
As President Obama took part in his first-ever Twitter-facilitated town hall, jobs and the economy were high on the agenda. In line with those themes, the nonpartisan Economic Policy Institute held a little get-together of its own to outline 10 key facts about the recovery and what's really wrong with the economy.
Teens hoping for employment this summer aren't likely to find the job market much better than last year, when teenage job seekers experienced the weakest seasonal market in decades.
In a somewhat surprising report, The U.N. Environment Programme says one of the most promising green industries -- at least when it comes to creating economic growth, reducing poverty, fueling job creation and addressing major environmental challenges -- turns out to be tourism.
Two sets of labor statistics data, released this week, point to a divergence between the job-openings rate and the total number of employees on nonfarm payrolls. And that divergence may well serve as a leading indicator for the labor market as a whole.
In January, job creation was anemic, yet unemployment plummeted. What gives? The answer lies in the quirky way the government decides who gets counted as part of the work force, who gets counted as officially unemployed and who gets left out of the picture.
If you glanced at just one or two headlines from last week's reports on the U.S. economy, you might have concluded that things haven't changed that much. In fact, digging deeper reveals that business conditions are improving. Even the puzzling payroll report has hopeful indicators.
Many people blame America's high unemployment rate on a mismatch between workers' skills and the fields with open jobs. But jobs are scarce across all sectors. That means effective policies are needed to stimulate demand and rebuild economic output.