joblessness

Unemployment Rates Fall in Half of Large U.S. Cities

Unemployment rates declined last month in more than half of the 372 largest U.S. cities, further evidence of steady improvement in the job market. The Labor Department says rates fell in 201 metro areas. They rose in 116 and were unchanged in 55.

Weekly Jobless Claims Rise, Technical Issues Cited

The number of Americans filing new claims for unemployment benefits rose 46,000 last week to a seasonally adjusted 388,000, reversing a sharp decline in the prior week but still pointing to a labor market that is slowly healing.

Unemployment Rates Rise in Half of U.S. States

Unemployment rates rose in more than half of U.S. states last month, the latest evidence that hiring remains tepid across the country. Unemployment also rose in seven of the 11 key swing states in this year's presidential election.

Initial Jobless Aid Applications Jump to 382,000

The number of Americans seeking unemployment benefits jumped to the highest level in two months, although the figures were skewed in part by Hurricane Isaac. Applications increased by 15,000 to a seasonally adjusted 382,000, the Labor Department said Thursday. That's up from 367,000 the previous week.

Jobless Claims Drop To Lowest In A Month

The number of Americans filing new claims for jobless benefits fell last week to its lowest level in a month, an upbeat signal for a labor market that has struggled to create enough jobs.

Eurozone Jobless Rate Stuck at Record High 11.3% in July

The combination of harsh austerity and high uncertainty kept unemployment across the 17-country eurozone at a record high 11.3 percent in July. The data, reported by Eurostat Friday, underscores the huge task the continent's leaders face to restore confidence in its economy.

Jobless Claims Unchanged Last Week

The number of Americans filing new claims for jobless benefits was unchanged last week, pointing to a labor market that was treading water.

Eurozone Unemployment Hits New Record High

Unemployment in the 17-country euro currency bloc hit another record high in May -- 11.1% -- as the crippling financial crisis pushed the continent toward the brink of recession, official figures showed Monday.

Initial Jobless Applications Hover Near Four-Year Lows

Slightly more people applied for U.S. unemployment benefits last week. But the overall initial jobless claims level stayed near last week's rate, which was the lowest in four years -- and low enough to suggest the job market is strengthening.

Unemployment Applications Drop to a 4-Year Low

The number of people seeking unemployment benefits fell to the lowest point in almost four years last week, the latest signal that the job market is steadily improving. Weekly applications for unemployment benefits dropped 13,000 to a seasonally adjusted 348,000, the Labor Department said Thursday.

Unemployment Aid Applications Near a 4-Year Low

The number of people seeking unemployment aid neared a four-year low last week, a positive sign that strong hiring could continue in the coming months. The Labor Department said Thursday that weekly applications for unemployment benefits fell 15,000 to a seasonally adjusted 358,000. That's the second-lowest level since April 2008.

Fewer Seek Unemployment Aid as Job Market Improves

The number of people seeking unemployment benefits fell last week to a level that signaled a steadily improving job market. The figures came one day before the government is expected to report that January marked another solid month for hiring.

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 Applications Lowest Since April '08

The number of people applying for unemployment benefits dropped last week to its lowest level since April 2008, extending a downward trend that shows the job market strengthening. First-time applications for unemployment benefits fell 4,000 to a seasonally adjusted 364,000, the Labor Department said Thursday. It was the third straight weekly drop.

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.

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 Drops in Three-Quarters of US States

Unemployment rates fell in three-quarters of U.S. states last month, a sign that many parts of the country are experiencing modest job gains. The Labor Department says unemployment rates fell in 36 states in October and rose in only 5. Rates were unchanged in 9 states. That's the best showing since April, when rates fell in 39 states.

Unemployment Aid Applications Drop to 7-Month Low

The number of people applying for unemployment benefits fell last week to the lowest level since early April, a sign that layoffs are easing and hiring may pick up. Weekly applications dropped by 5,000 to a seasonally adjusted 388,000, the Labor Department said Thursday. It was the fourth decline in five weeks.

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.

Older Workers Hit Hardest by Long Term Joblessness

How many Americans have been out of work for more than a year? Around 4.4 million -- about the same as the population of Louisiana. And a disproportionate percentage of those long-term unemployed workers are 55 and older.

Economists Assess Nation's Financial Fitness, Job Picture

Economists discussing the sluggish state of the economy at a media breakfast held by the New York State Society of Certified Public Accountants this week, offered up a variety of explanations for the lasting economic malaise, ranging from the housing crisis fallout to structural unemployment.

Career Risk-Taking Hits a New Low, Thanks to the Still-Weak Economy

Whether it was a fresh startup or a fresh start, fewer Americans seemed willing to take career risks last year, according to a new report by Challenger, Gray & Christmas. The percentage of job-seekers starting their own businesses or relocating for new positions fell to historic lows in 2010.

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.

Tech Sector Job Cuts Fell to Lowest Level Since 2000

Job cuts in technology fields came to just under 47,000 last year, the lowest total for the sector since 2000, according to employment-services firm Challenger, Gray & Christmas. Better still, during the next 10 years, the sector is forecast to experience one of the fastest paces of job creation of any industry.

Take the ADP Jobs Number With a Boulder of Salt

ADP excludes government jobs. It's also notoriously volatile and has a history of big misses in forecasting the official number. But perhaps most important is that it just doesn't jibe with other recent data points -- or the recovery's pace.