unemployment insurance

Borrowers Beware: 401(k) Loans Hold a Hidden Risk

If you're in financial trouble, borrowing from your 401(k) may look smart -- at first. There's no application process, and the low interest you pay goes back into your account -- you're paying it to yourself. Unfortunately, those benefits come with a catch.

New Jobless Claims Fall Sharply to Four-Year Low

The number of Americans filing new claims for unemployment benefits last fell sharply to the lowest level in four years, a hopeful sign for the struggling labor market, government data showed on Thursday.

Can the Tea Party Platform Reduce Unemployment?

The U.S. set the forces of globalization in motion, and now more than ever, it's clear we're suffering the consequences: high unemployment, stagnant or declining incomes, and rising costs for goods. Can the policies of the surging Tea Party provide solutions, or will they just make matters worse?

Are High Taxes Making Small Business Slow
to Hire?

The majority of jobs in the U.S. are created by small business, which are still reluctant to hire new workers. And while some of their reasons for holding back may mirror those of big businesses, local conditions like state taxes may loom larger in their decisions.

Obama's Tax Deal Will Save At Least One Job: His

The $858 billion compromise tax bill passed the House Thursday at midnight, and is on its way to President Obama's desk. With its passage, and the GDP growth it will propel, his reelection is more in the bag than ever. What effect it will have on jobs for the rest of America, though, is far less clear.

Obama Launches a Vigorous Defense of His Tax Agreement

The president bristled at Democratic criticism of his compromise with the GOP: "This isn't an abstract debate," the president said. "This is real money for real people that will make a real difference in the lives of the folks who sent us here."

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.

New Jobless Claims Fall More Than Expected

After a string of disappointing reports, employment made some modest progress in the week ending July 3. Initial jobless claims fell by 21,000 to 454,000, the U.S. Labor Department announced Thursday.