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In June of 2008, Adam Lowry and Michael Richardson found themselves unemployed. The tech startup where they worked in Portland, Vidoop, had just closed its doors, and employees were being offered company laptops in lieu of back wages. Common sense would dictate that these promising young programmers should file for unemployment insurance (UI) and begin [...]
WASHINGTON — The number of people seeking unemployment benefits changed little last week, signaling modest job growth. The Labor Department said Thursday that weekly applications for benefits dipped by 2,000 to a seasonally adjusted 370,000.
WASHINGTON— Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country. And in many states, unemployment has fallen well below the national average, which was 8.1 percent last month. Rates were lower than 7 percent in 22 states in April. That [...]
Their slogan is “ideas worth spreading.” But the folks at TED – the Technology Entertainment and Design nonprofit behind the TED Talks, beloved by geeks and others interested in novel new ideas – evidently think that some ideas are better left unspread. At least when the ideas in question challenge the conventional wisdom that rich [...]
(WASHINGTON) — The number of people seeking unemployment benefits was unchanged last week, suggesting steady gains in the job market. The Labor Department said Thursday that weekly unemployment aid applications stayed at a seasonally adjusted 370,000, the same level as the previous week. The four-week average, a less volatile measure, fell for the second straight [...]
Stocks appear to be flying too high in light of the enormous number of risks that the U.S. economy faces over the next 12 months.
(WASHINGTON) — The number of people applying for U.S. unemployment benefits ticked down last week after dropping sharply the previous week, evidence hiring could pick up this month. Weekly applications dropped 1,000 to a seasonally adjusted 367,000 in the week ending May 5, the Labor Department said Thursday. The previous week’s figure was revised up [...]
(WASHINGTON) — U.S. companies in March posted the highest number of job openings in nearly four years, a sign that hiring could strengthen in the coming months after slowing this spring. The Labor Department said Tuesday that employers advertised 3.74 million job openings in March. That’s up from a revised 3.57 million in February. The [...]
Mediocre growth, overly cautious corporations and government cutbacks figure to stifle employment gains until there is some comprehensive economic policy
Any way you cut it, the Labor Department’s announcement that the U.S. economy added just 115,000 jobs in April is a disappointment. Economists had been expecting 160,000 new jobs, and even that number is far below the kind of growth our economy needs to get back to full strength in the near term. At the [...]
