| Mar 7, 2014
| 9:39 AM
California appeared to go in the opposite direction of the national economy in January, shedding a net 31,600 jobs that month, the state's Employment Development Department reported Friday.
Despite the weak showing in employers' payrolls, the...
| Mar 7, 2014
| 6:07 AM
WASHINGTON -- The economy added 175,000 net new jobs last month, a surprisingly robust figure given the bad winter weather, the Labor Department said Friday.
Despite the increase -- the largest in three months -- the unemployment rate ticked up 0.1...
| Mar 6, 2014
| 5:59 AM
WASHINGTON -- Initial jobless claims fell sharply last week to their lowest level in three months, the Labor Department said Thursday, as a private report showed layoffs eased in February.
About 323,000 people filed for first-time unemployment...
| May 29, 2014
| 9:42 AM
The economy performed worse than initially estimated amid severe winter weather in the first quarter, contracting for the first time in three years, the Commerce Department said Thursday.
Wall Street shrugged off the news in early trading.
| Apr 3, 2014
| 6:48 AM
WASHINGTON -- Initial jobless claims unexpectedly increased last week but remained low in a positive sign for labor market growth before Friday's jobs report.
About 326,000 people applied for first-time unemployment benefits in the week ended Saturday,...
| May 29, 2014
| 5:59 PM
The economy stumbled badly during the severe winter, much more than first estimated, according to a government report, and stalled a recovery that appeared poised to take off this year.
Economists, however, see the quarterly drop more as a delay in...
| Mar 20, 2014
| 2:11 PM
In a sobering new study, three Princeton economists found that only 11% of the long-term unemployed in any given month found full-time work a year later.
The paper, presented Thursday at a Brookings Panel on Economic Activity, offered a comprehensive...
| Apr 18, 2014
| 7:45 AM
This post has been corrected. See the note below for details.
California's economy added 11,800 net new jobs in March, a meager showing after robust gains the month before, the Bureau of Labor Statistics reported Friday.
Although the Golden State...
| Apr 17, 2014
| 8:25 AM
Initial jobless claims over the previous month hit their lowest level since the start of the Great Recession, indicating the labor market might be nearing a return to normal.
The number of people filing for first-time unemployment benefits rose slightly...
| Mar 13, 2014
| 6:32 AM
WASHINGTON -- Initial jobless claims unexpectedly fell last week to 315,000, the lowest level since November, as the labor market showed signs of emerging from a winter chill.
The number of first-time claims for unemployment benefits was down from 324,...
| Apr 10, 2014
| 7:58 AM
Initial jobless claims plunged last week to their lowest level in nearly seven years, a sign that the labor market was picking up traction.
The number of first-time claims for unemployment benefits dropped to 300,000 last week, a decrease of 32,000 from...
| May 2, 2014
| 6:02 AM
Hiring surprisingly surged last month as the economy added 288,000 net new jobs -- the best performance in more than two years -- and the unemployment rate dropped to 6.3%, its lowest level since September 2008, the Labor Department said Friday.