jobless rate

July Jobs Report: 4 Pieces Of Good News Buried In The Gloom

As the Labor Department reported, employers added 163,000 jobs last month -- far more than the 100,000 forecast and the biggest gain since February. But the nation's unemployment rate ticked up to 8.3 percent. Here are four pieces of good news buried in the report.

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.

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.

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.

Out of Work Man Asks: Should I Pay Off My Mortgage?

Nicholas, 60, is a paralegal who has been jobless for more than a year, and is worried about the possibility of losing his home in rural Pennsylvania. If he depletes his savings and cashes out of a life insurance policy, he can pay off his mortgage. But is that the smartest move?

May Was Brutal Month for Jobs Growth

New government data shows that the U.S. added just 54,000 new jobs in May, far less than what economists were expecting. The news, which sent the jobless rate up to 9.1%, sent stocks lower on Wall Street.

U.S. Unemployment Falls in 39 States in April

The unemployment rate fell last month in more 39 states, evidence that companies are feeling more confident about the U.S. economy. Nationally, businesses have added more than 250,000 jobs per month, on average, in the past three months -- their fastest hiring spree in five years.

Unemployment Rate Falls Again to 8.8%

The unemployment rate fell to a two-year low of 8.8 percent in March and companies added workers at the fastest two-month pace since before the recession began.

People@Work: Construction Job Growth Is Slowly Rebuilding

New forecasts show that the worst may be over for the construction industry, which was hit harder by the Great Recession than any other sector, as construction projects slowly resume. Some 27% of construction firms say they plan to add staff this year, while only 20% plan to cut jobs.

Why Jobs are Essential to the Economy

Americans who are unemployed or underemployed are three times as likely to fall behind on their bills as those who are fully employed, according to a Gallup Poll released Tuesday.

Job Growth Is Likely Next Year -- but How Much?

The good news is that economists generally expect employers to steadily add more workers in 2011, perhaps as many as 250,000 a month by year-end. However, with so many long-term unemployed returning to the market, the jobless rate could still outpace those new positions.

What the Rising Stock Market Doesn't Say About Jobs

If the stock market reflected the entire economy, happy days would surely be here again. But, alas, it reflects just the profit potential of public companies. And for millions of unemployed Americans, that's proving to be no help at all.

CEO's Corner: How Goodwill Forges On Amid Hard Times

'Tis the season to remember the less fortunate, and Jim Gibbons, CEO of Goodwill Industries, hopes his nonprofit will be on the receiving end as you make out your charitable giving list. With unemployment still hovering near 10%, his organization is serving more people than ever with aid, inexpensive goods and job training.

Economists: Jobs Are Coming.
The Unemployed: When?

An increasing number of observers, citing a preponderance of positive data, are optimistic that the stagnant labor market is finally beginning to gain momentum. But the pace is still way too slow for those desperately seeking work.

Jobless Claims Fall More Than Expected

Initial jobless claims fell 17,000 to 421,000 in the week ending Dec. 4. The revised figure for the previous week was 438,000. The four-week moving average, a clearer measure of unemployment trends, fell 4,000, to 427,500, the Department of Labor said. The revised average for the previous week was 431,500.

No Holiday Cheer for Workers as Jobless Rate Hits 9.8%

Employers added only 39,000 jobs in November, a sharp decline from the 172,000 created in October. To make matters worse, the jobless rate has now topped 9% for 19 straight months -- the longest stretch on record.

A Thanksgiving Setback for Jobless Claims

Initial jobless claims rose 26,000 to 436,000 in the latest week, but Labor Department officials caution that the report contains a seasonal adjustment associated with the Thanksgiving Day holiday. The more-telling four week average fell again, to 431,000.

GOP Blocks Bill to Extend Jobless Benefits

Unemployed Americans are facing a bleaker holiday season after Republicans in the House of Representatives thwarted an expedited effort by Democrats to extend jobless benefits into next year. The measure passed by a 258-154 vote, but failed to meet the two-thirds majority required for "fast-track" legislation. Republicans opposed the legislation because it wasn't paid for with unused funds from last year's economic stimulus program.

The Politics of Long-Term Unemployment

Come the end of November, some 2 million jobless workers won't be able to rely on their unemployment check unless Congress again extends the aid. But with the GOP regaining the House, the odds of that extension just got a lot longer.

Jobless Claims Rise More Than Forecast

Initial jobless claims by 20,000 to 457,000 in the week ending Oct.30. The revised figure for the previous week was 437,000. The four-week moving average, a clearer measure of unemployment trends, rose to 456,000, Bloomberg News said. The revised average for the previous week was 454,000.

Initial Jobless Claims Unexpectedly Rise 13,000 to 462,000

Just call this week%u2019s labor report a wash: Initial jobless claims unexpectedly jumped 13,000 to 462,000, but continuing claims plunged another 112,000, and the trend in state-level claims continues to provide evidence that the period of layoffs is subsiding.