Bad news for the economic recovery. Unemployment rose to 9.1 percent in May from 9 percent in April. The Labor Department said last month’s severe weather, high gasoline prices, and vehicle supply disruptions due to Japan’s earthquake are partly to…
WASHINGTON — The District’s unemployment rate rose slightly in April, while rates dipped in Maryland and Virginia, according to a Labor Department report released Friday. Overall, the jobless rate fell in more than three-quarters of the nation’s states, adding to evidence that companies are feeling more confident in the U.S. economy. Unemployment rates dropped in 39 states in April. It’s the largest number of states to see decrease since November 2003. Rates rose in three states and the District, where the rate increased to 9.6 percent from 9.5 percent in March. Read full article > >
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April unemployment rises slightly in D.C., dips in Md., Va.
With the U.S. economic recovery starting to show cracks, Friday’s monthly unemployment report will be a key test of whether the slowed growth is causing companies to pull back on hiring — a sign that it could be time to hit the panic button. The number of Americans filing new claims for unemployment insurance benefits spiked to 474,000 last week, the Labor Department said Thursday, the highest total since August and up from 431,000 the previous week. The Labor Department has attributed the rise to temporary factors, such as layoffs in New York state tied to spring break, a new benefit program in Oregon, and temporary shutdowns at auto plants. Read full article > >
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Unemployment report for April will be key to gauging status of economic recovery
Stephen I. Schlossberg, 90, an influential figure in the labor movement who held top positions with the United Auto Workers, served in the Reagan-era Labor Department and helped build a Washington presence for the International Labor Organization, died Dec. 10 at his home in Sarasota, Fla. He had congestive heart failure, said his son, Mark J. Schlossberg. Read full article > >
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A ‘Renaissance guy’ of organized labor
The Labor Department will issue its monthly reading on the state of the job market Friday morning at 8:30, giving the most important monthly read on the state of the economy. Forecasters expect that the solid improvement in the job market in February continued in March, with employers projected to have added 190,000 jobs and the unemployment rate expected to be unchanged at 8.9 percent.
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What to watch for in March jobs report
Last year, nearly one in every eight families included an unemployed person, the highest proportion since the Labor Department began keeping track in 1994.
Last year, nearly one in every eight families included an unemployed person, the highest proportion since the Labor Department began keeping track in 1994.
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Economix: Unemployment’s Rising Toll on Families
Workers who lost jobs but are not currently looking for new ones are not counted in the Labor Department’s unemployment rate.
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Hidden workforce challenges economic recovery
A day ahead of the government’s report on the February jobs market, the Labor Department said that first-time claims for unemployment benefits dropped to 368,000.
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Wall Street Gains On Upbeat Jobs Data
Higher energy costs helped push up consumer prices in the United States, but the overall inflation level remained modest, the Labor Department reported.
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U.S. Consumer Prices Held in Check in January
The U.S. economy added only 36,000 jobs in January-almost 60 percent fewer than in December, the Labor Department reported Friday. The unemployment rate fell to 9 percent, the lowest level in two years, because over half a million people without jobs…
Yesterday morning, the Labor Department released its employment data for December, showing that the U.S. economy ended the year by adding 113,000 private sector jobs, knocking the unemployment rate down sharply from 9.8 percent to 9.4 percent — its lowest rate since July 2009. read more
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Obama Created More Jobs in One Year Than Bush Created in Eight
President Obama put a positive spin on the Labor Department’s new jobs report Friday, noting the country has now had nine straight months of private sector job growth.
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Obama notes job growth, rips GOP
The Labor Department announced Friday that the U.S. economy lost 95,000 nonfarm jobs in September, higher than the 8,000 loss anticipated by Wall Street economists. Jobs growth was underwhelming as well, with private-sector nonfarm employment expanding…
Unemployment report for April will be key to gauging status of economic recovery
Thursday, May 5th, 2011Obama Created More Jobs in One Year Than Bush Created in Eight
Saturday, January 8th, 2011
