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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 compares to only 13 states in April 2011.
(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 [...]
Mediocre growth, overly cautious corporations and government cutbacks figure to stifle employment gains until there is some comprehensive economic policy
The Labor Department’s April jobs report will be released Friday, and should provide an important data point about the health of the U.S. economy. Economists, investors, policy-makers, politicians and the general public will be watching closely to see how many jobs the U.S. economy added last month, and whether the unemployment rate stayed level or [...]
Two years ago this month I was in Madrid reporting a story on the troubles of the Spanish economy and what they meant for Europe and its debt crisis. And here I am today writing about the troubles of the Spanish economy and what they mean for Europe and its debt crisis. I usually don’t [...]
The disappointing economic growth figures released Friday by the federal government have raised the possibility that the U.S. recovery might be stalling — just when it appeared poised to achieve “escape velocity.
Job growth in March was disappointing. Do Fed policymakers feel the stalling jobs picture warrants a third round of Fed monetary stimulus, or quantitative easing (QE3)?
The private sector added 209,000 jobs in March, according to an analysis from the payroll services firm ADP. The report also noted that the economy added 23,000 more jobs in the first two months of 2012 than ADP had previously estimated. The news is ahead of Friday’s employment situation report, when the Labor Department will [...]
The U.S. economy needs to grow faster to maintain job market momentum, Federal Reserve Chairman Ben Bernanke said in a speech Monday; as a result, the Fed will continue its low-interest rate policy, hoping to spur consumer demand and business investment. Stocks rose on Bernanke’s comments, with some on Wall Street reading hints about a [...]
Men might have lost more jobs during the recession than women did — but a new report shows that it’s women who are struggling more in the financial recovery.
