The number of newly laid-off workers seeking unemployment insurance was unchanged last week, while those continuing to claim benefits dipped.
Industrial production edged up a smaller-than-expected 0.1 percent in October. Activity at electric and gas utilities drove the gain, but production at factories — the single biggest slice of industrial output — declined.
Wholesale prices rose less than expected in October as the weak economy keeps inflation pressures largely in check. Federal Reserve Chairman Ben Bernanke said Monday that inflation probably will remain "subdued for some time."
Unemployment likely will remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, a Federal Reserve official warns.
Consumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery.
Fewer Americans than expected filed claims for unemployment benefits last week, the Labor Department said Thursday. And we’ll find out on Monday whether Oregon’s 11.5 percent unemployment rate has changed.
Next month, President Obama will host an employment summit at the White House to find new ways to get Americans back to work. Steve Henn talks to experts and explores how the administration might be able to do this successfully.
New claims for unemployment insurance fell more than expected last week, evidence the job market is slowly healing as the economy recovers.
The U.S. Labor Department announced that unemployment jumped to over 10 percent on Friday, the highest it's been since 1983. Jeffrey Brown talks to an economist for more.
Washington (AP) — The unemployment rate has surpassed 10 percent for the first time since 1983 - and is likely to go higher.
DENVER - If you are out of work you are not alone. The U.S. Labor Department reports 15.7 million Americans are unemployed. 9NEWS set out to find people who are unemployed but have decided to take matters into their own hands. Full Article at 9NEWS.com
:- Oklahoma’s jobless rate hit 7.1 percent in October, the U.S. Labor Department reported Friday. The seasonally adjusted rate climbed from 6.7 percent in September. A year ago, the state’s unemployment was at 4.2 percent. Full Article at A Pakistan News
California, Delaware, South Carolina and Florida registered record rates of unemployment in October, 2009. Worse yet, joblessness rose in 29 states in October as compared to 22 states the previous month. Full Article at Scared Monkeys
CONCORD, N.H.—The New Hampshire Labor Department has a new Web site for the public to report possible labor violations. The public can use the site to report possible misclassification of employers or other violations. Full Article at Boston Globe
Montana's Labor Department reported that the drop, from 6.7 percent a month earlier, came even as the nation's unemployment rate rose to 10.2 percent, up from 9.8 percent. In total, 29 states showed small increases, while the rate in 13 places declined. Full Article at Gainesville Sun
It's not just about the unemployment figure or the 17.5% of workers who are underemployed [Hampel is using the broadest unemployment measure from the Labor Department]] ... it's also about the 83% of people with jobs worried that they'll join them.
The Department of Labor can still move this project forward by abandoning this illegal PLA ... Our company and other New Hampshire businesses deserve a fair opportunity to provide the public with the best construction product at the best price and we hope the Labor Department will build this project wit...
The Labor Department put all of its requirements out on Enterprise and more recently, the Environmental Protection Agency’s stated requirements were on Enterprise. In both cases, I think the agencies wanted more choice.
WASHINGTON (MarketWatch) -- The number of people filing for state unemployment benefits for the first time fell by 1,000 to a seasonally adjusted 530,000 last week, the Labor Department reported Thursday. Claims have been trending lower but remain well above levels typical of a healthy economy.
During the Bush administration, the Labor Department's approach was to work closely with the employer community when it came to enforcing the labor laws ... It's time to work with the worker community, and that's what Ms. Smith has been doing in New York and that's what we think is what the Labor Depart...