| 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 2, 2014
| 8:19 AM
WASHINGTON -- In an encouraging sign ahead of Friday's monthly employment report, a survey by a big payroll processing firm suggests that hiring may be picking up after the harsh winter.
ADP Inc. estimated Wednesday that private employers added 191,...
| May 7, 2014
| 5:08 PM
Federal Reserve Chairwoman Janet L. Yellen painted a mostly upbeat picture of the economy emerging from a weather-induced winter slowdown but gave no hints of when the central bank might start raising rock-bottom interest rates.
In Capitol Hill...
| 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...
| May 1, 2014
| 6:52 AM
First-time unemployment claims surprisingly jumped last week to a two-month high of 344,000, a downbeat sign ahead of Friday's jobs report.
The number of people filing for initial jobless benefits was up from the previous week's revised figure of 330,...
| 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,...
| May 2, 2014
| 4:29 PM
WASHINGTON — The labor market heated up last month, producing a bumper crop of 288,000 new jobs — the most in more than two years — and easing fears that a winter slowdown in hiring foreshadowed another downturn in the uneven recovery....
| May 7, 2014
| 7:48 AM
Weak economic growth in the first three months of the year was mostly due to temporary factors such as the weather, and the recovery should pick up the rest of the year, Federal Reserve Chairwoman Janet L. Yellen told lawmakers Wednesday.
| May 8, 2014
| 8:36 AM
Initial jobless claims fell last week, a welcoming sign for the labor market after a few weeks where applications inched up.
The number of first-time claims for unemployment benefits dropped to 319,000 last week, a decrease of 26,000 from the week...
| 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.
| Apr 30, 2014
| 5:54 AM
Companies accelerated their hiring this month as the private sector added 220,000 net new jobs in a sign the labor market's winter doldrums are over, according to a report Wednesday from Automatic Data Processing.
The payroll firm also revised its March...
| Mar 5, 2014
| 6:22 AM
Bad winter weather helped put a freeze on the labor market last month, with the private sector adding a disappointing 139,000 net new jobs, payroll processing firm Automatic Data Processing said Wednesday.
The figure, which was below economists'...