labor department

Weekly Jobless Claims Fell to 355,000

Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 355,000, the Labor Department said on Thursday. The report is a sign the labor market's slow recovery is gaining traction, although Hurricane Sandy's impact on the Northeast may have distorted the data.

U.S. Weekly Jobless Claims Dropped Again

The number of Americans filing new claims for unemployment benefits fell last week, a sign the labor market's slow recovery was gaining traction. Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 363,000, below the median forecast in a Reuters poll of 370,000.

Weekly Jobless Claims Drop, Job Market Healing

The number of Americans filing new claims for unemployment benefits fell last week, giving a clearer sign that the labor market is healing after wild fluctuations in claims data at the beginning of the month.

Weekly Jobless Claims Drop, Job Market Healing

The number of Americans filing new claims for unemployment benefits fell last week, giving a clearer sign that the labor market is healing after wild fluctuations in claims data at the beginning of the month.

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.

Weekly Jobless Claims Fall to Lowest in 4.5 Years

The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in more than four and a half years, according to government data on Thursday that suggested improvement in the labor market.

Jobless Claims Rose Last Week -- But Less Than Expected

Initial claims for state unemployment benefits climbed 4,000 to a seasonally adjusted 367,000, the Labor Department said. The prior week's figure was revised up to show 4,000 more applications than previously reported.

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.

The Secret Your Boss Is Keeping About Your 401(k)

Many companies have done away with pensions, replacing them with 401(k) plans and related options that put responsibility for retirement saving squarely on you. But those same corporations have also been pushing to keep you in the dark about the plans' costs.

The Financial Landscape: Moody's Mulls Debt Ceiling

Looks like rough sailing ahead: Moody's warned the GOP that its game of chicken with the debt ceiling risked a downgrade of U.S. debt, and the Labor Department said May hiring took a dive. But there are some things investors can look forward to: a Groupon IPO, and the government selling its last shares of Chrysler.

What's the Real Unemployment Number?

Last week, jobs went up by a hair, but somehow, unemployment plummeted by a lot. What gives? The answer lies in the quirky way the Bureau of Labor Statistics decides who gets counted as part of the work force, who gets counted as officially unemployed, and who gets left out of the picture.

With Job Openings Falling, Trouble Could Be Coming

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.

Another Strong Showing for Private Sector Jobs

Private employers added 187,000 jobs in January, ADP announced Wednesday, 47,000 more then economists had predicted. That marks the fourth straight month of significant job gains -- a trend that suggests the U.S. labor market is recovering.

Initial Jobless Claims Resume Their Downtrend

The latest jobless claims show how volatile the weekly data can be. The previous week's seasonally adjusted increase of 28,000 was followed by the latest week's drop of 17,000 to 421,000, much better than expected. Continuing claims also tumbled.

Jobless Claims Rise More Than Expected

Initial jobless claims rose 26,000 to 436,000 last week. The four-week moving average, a clearer measure of unemployment trends, fell 5,750 to 431,0000, Reuters said.

New Jobless Claims Drop, Approach Key Level

There was excellent news on the labor front this week as the government reported that initial jobless claims plunged 34,000 to 407,000. Jobless claims are now nearing a key threshold that would suggest commercial activity is increasing at a pace that would prompt more companies to resume hiring.

The Labor Department's Unprecedented Battle With Massey

For the first time ever, federal regulators are asking a judge for an injunction ordering a U.S. mine to close until safety hazards are fixed. Among the provisions the Labor Department injunction asks for is continued pay for the idled miners.

Initial Jobless Claims Higher Than Expected

In another setback on the employment front, initial jobless claims jumped a larger than anticipated 20,000 to 457,000, the Labor Department announced Thursday. Economists surveyed by Bloomberg had predicted initial jobless claims would total 443,000.

Used Car Prices Fall for First Time Since 'Cash for Clunkers'

Even as overall costs for consumer goods rose 0.1% in September, prices for used cars fell 0.7% during the month, according to data released Friday by the Labor Department. It was the first used car price drop recorded since just before the federal government's "cash for clunkers" rebate program began in July 2009

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.

Mild Producer Price Hikes Ease Deflation Concerns

Producer prices rose a higher-than-expected 0.4% in September, but the core rate rose just 0.1%, the Labor Department said. The price increases point to a low-inflation environment, easing concerns that the world%u2019s largest economy will lapse into a dangerous deflationary spiral.

Hopes Rise as Weekly Jobless Claims Fall

Initial jobless claims dipped more than expected to 450,000 last week, while continuing claims plunged 84,000 to 4.49 million, signaling another week of modest progress on the labor front. Economists and policy makers hope that after a rise boosted in part by seasonal, summer layoffs, jobless claims, which have decreased about 11% since early summer, will keep trending lower this fall.

Jobless Claims Fall to Two-Month Low

Initial jobless claims fell 3,000 to 450,000 in the week ending Sept. 11. The revised figure for the previous week was 453,000 The four-week moving average, a clearer measure of unemployment trends, fell 13,500 to 464,750 the Department of Labor said. The revised average for the previous week was 478,250.

More Signs of an Improving Job Market

A fresh batch of data show that the job market may finally have turned the corner despite last month's uptick in the national unemployment rate to 9.6%. Among them: Fewer initial claims for unemployment and a smallest monthly layoff total since June 2000.

Jobless Claims Drop Sharply 27,500, to 451,000

Initial jobless claims fell 27,000 to 451,000 in the week ending Sept. 4. The revised figure for the previous week was 478,000. The four-week moving average, a clearer measure of unemployment trends, fell 9,250 to 477,750, the Department of Labor said. The revised average for the previous week was 487,000.