The nation's unemployment rate rose above 10% for the first time since 1983 in October, a much worse jump than expected as employers continued to trim jobs from payrolls.
The 650,000 jobs created or saved by the stimulus package so far make up only a small step toward correcting the gap between the tens of millions of unemployed people and the few openings that those people are fighting over.
Stocks rallied Thursday, with the Dow industrials topping 10,000, after the government reported a bigger-than-expected drop in jobless claims, and a number of retailers reported improved October sales.
The number of Americans filing for initial unemployment insurance fell last week, the government said Thursday, with a total figure that was below analysts' expectations.
The number of Americans filing for initial unemployment insurance were little changed last week, the government said Thursday, with a total figure that missed analysts' expectations.
Detroit continued to lead the nation's cities of 1 million people or more with the highest unemployment rate in September, according to government figures released Wednesday.
The number of first-time filers for unemployment insurance rose last week, snapping two weeks of significant declines, according to a government report issued Thursday.
Fewer states posted an increase in unemployment in September, even as the national rate recently hit a 26-year high of 9.8%.
The number of U.S. workers filing new claims for jobless insurance unexpectedly fell last week to the lowest level since January, according to a government report on Thursday that hinted at stabilization in the labor market.
The number of first-time filers for unemployment insurance fell last week to the lowest level since January, according to a government report issued Thursday.
The nation's unemployment rate rose above 10% for the first time since 1983 in October, a much worse jump than expected as employers continued to trim jobs from payrolls.
The 650,000 jobs created or saved by the stimulus package so far make up only a small step toward correcting the gap between the tens of millions of unemployed people and the few openings that those people are fighting over.
Stocks rallied Thursday, with the Dow industrials topping 10,000, after the government reported a bigger-than-expected drop in jobless claims, and a number of retailers reported improved October sales.
The number of Americans filing for initial unemployment insurance fell last week, the government said Thursday, with a total figure that was below analysts' expectations.
The number of Americans filing for initial unemployment insurance were little changed last week, the government said Thursday, with a total figure that missed analysts' expectations.
Detroit continued to lead the nation's cities of 1 million people or more with the highest unemployment rate in September, according to government figures released Wednesday.
The number of first-time filers for unemployment insurance rose last week, snapping two weeks of significant declines, according to a government report issued Thursday.
Fewer states posted an increase in unemployment in September, even as the national rate recently hit a 26-year high of 9.8%.
The number of U.S. workers filing new claims for jobless insurance unexpectedly fell last week to the lowest level since January, according to a government report on Thursday that hinted at stabilization in the labor market.
The number of first-time filers for unemployment insurance fell last week to the lowest level since January, according to a government report issued Thursday.
The U.S. economy will grow more than expected in the third quarter, but unemployment also will continue to increase and will pass 10 percent, former Federal Reserve Chairman Alan Greenspan said Sunday.
The U.S. economy will grow more than expected in the third quarter, but unemployment also will continue to increase and "penetrate" the 10% barrier, former Federal Reserve Chairman Alan Greenspan said Sunday.
The number of first-time filers for unemployment insurance jumped last week, according to a government report issued Thursday, with the increase exceeding economists' forecasts.
The number of U.S. metropolitan areas with jobless rates above 10% decreased in August, according to government figures released Wednesday.
New filings for unemployment insurance fell for a third straight week, the government said Thursday, surprising economists.
More than a million people could receive an additional 13 weeks of unemployment benefits under a bill approved by the House on Tuesday.
The House approved a measure last night that would extend unemployment benefits again. More than a million people could receive an additional 13 weeks of unemployment. Here's how to cope if you're running out of unemployment benefits.
Jobless Americans in high-unemployment states would see their benefits extended for another 13 weeks under legislation to be considered by Congress next Wednesday.
Five states posted jobless rates above 12% in August, according to federal data released Friday.
The number of Americans filing for initial unemployment insurance fell last week, and ongoing claims also dropped, the government said Thursday.
Employers trimmed fewer jobs in August than they did the prior month, but the unemployment rate jumped to a 26-year high, the government reported Friday.
Tomorrow we'll get the latest unemployment figures. And if you've gotten a pink slip, or you've been unemployed for a while, here is what you need to know.
The number of Americans filing for initial unemployment insurance fell last week, and the number filing for ongoing claims also sank, the government said Thursday.
The mood regarding the U.S. economy may be inching, ever so slowly, toward optimism. But don't expect to see much improvement on the jobs front anytime soon. The economy's following a script for a jobless recovery, and unemployment is likely to stay high, if not get slightly worse.
The number of states posting a decrease in the unemployment rate in July more than tripled from the previous month, according to a government report released Friday.
The number of Americans filing for initial unemployment insurance rose last week, the government said Thursday, surprising economists.
The number of Americans filing claims for first-time unemployment benefits rose last week, while the total jobless rolls decreased, the government said Thursday.
The long-battered U.S. job market showed some signs of improvement in July as employers cut far fewer jobs from payrolls and the unemployment rate fell for the first time in more than a year, according to a government report Friday.
The next bubble in the recession is about to burst.
The number of Americans filing first time claims for unemployment benefits fell last week, while the number of people requesting ongoing benefits rose, the government said Thursday.
The Detroit metropolitan area held its position of having the highest unemployment rate among major U.S. cities, with the rate surging more than 2 percentage points to above 17%, the government reported Wednesday.
The number of Americans filing for initial unemployment insurance rose last week, but the jump could be due to continued volatility from the auto industry meltdown.
Michigan became the first state in 25 years to suffer an unemployment rate exceeding 15%, according to a report released Friday by the Labor Department.
The number of Americans filing initial unemployment insurance claims fell to the lowest level in six months, according to government data released Thursday -- but the drop may be attributable to quirks in the auto industry rather than improvement in the economy.
Extended unemployment benefits may be available for Americans who exhaust their standard jobless insurance -- but the programs, as well as who's included in government data, can be confusing.
The number of Americans filing initial unemployment claims fell sharply last week, while those filing ongoing claims rose to another all-time high, according to government data released Thursday.
They are two presidents from different parties but have striking similarities.
The battered U.S. labor market took a step backwards last month as employers trimmed more jobs from their payrolls in June, according to a government report Thursday.
The unemployment crisis is a nationwide concern, but the collapse of the auto industry has made joblessness in Detroit particularly painful.
The number of Americans filing for initial unemployment insurance rose unexpectedly last week, to the highest level in more than a month, according to government data released Thursday.
Forty-eight states and the District of Columbia recorded unemployment rate increases in May, the government reported Friday. One state registered a rate decrease, and one state had no rate change.
The number of Americans filing for initial unemployment insurance rose slightly last week, while the number filing ongoing claims fell for the first time since the start of the year, according to government data released Thursday.
The number of Americans filing for initial unemployment insurance fell more than expected last week, but ongoing claims ticked higher, according to government data released Thursday.
Ongoing claims for unemployment insurance declined for the first time since January, and the number of initial claims fell slightly, according to government data released Thursday.
There were 13 unlucky cities with unemployment rates topping 15% in April, and another 93 saw joblessness climb above 10%, according to a government report released Wednesday.
The employment situation in the states showed signs of stabilizing last month.
In two indications of continuing job market weakness, a drop in the government's weekly reading of initial unemployment claim filings failed to match the surge of the prior week, and the number of people filing on an ongoing basis rose to a record high for the 16th straight week.
Auto industry job losses led to a surge in the number of people filing initial claims for unemployment benefits last week, according to a government report released Thursday.
President Obama announced new steps to help unemployed Americans on Friday, targeting people who are out of work and want to go back to school.
The number of people filing initial claims for unemployment benefits fell last week, to their lowest level in more than 3 months, according to a government report released Thursday, suggesting the pace of decline in the job market is slowing.
The number of initial claims for unemployment insurance fell last week, with the number of people collecting benefits overall hitting a fresh record high of 6.27 million, according to a government report released Thursday.
Unemployment rates in 109 metropolitan areas reached 10% or higher in March, almost eight times more than a year earlier, according to a government report released Wednesday.
The number of initial claims for unemployment insurance rose last week, with the number of people collecting benefits overall climbing to a record 6.14 million, according to a U.S. government report released Thursday.
Initial jobless claims plunged to 610,000 in the week ended April 11, reported the U.S. Department of Labor.
The number of people filing initial claims for unemployment benefits fell last week, while those filing for continuing claims hit an all-time high for the 11th straight week, according to a government report released Thursday.
At the end of an already ugly week for jobs, the Labor Department is expected to report Friday that the economy shed another 658,000 jobs in March and the nation's unemployment rate will rise to 8.5%.
The number of people filing initial claims for unemployment benefits unexpectedly rose last week, while those filing continuing claims hit an all-time high for the 10th straight week, according to a government report released Thursday.
It's not that easy to turn down federal funds.
The unemployment rate jumped last month in 49 states, with Michigan leading the way, the U.S. government reported on Friday. Nebraska was the only state to escape rising joblessness.
The number of people filing initial claims for unemployment benefits rose last week, while those filing continuing claims hit an all-time high for the ninth straight week, according to a government report released Thursday.
The unemployment rate in Michigan, suffering under the near-collapse of the auto industry, hit 12% in February, according to data released by the state on Wednesday.
A index forecasting economic activity fell in February, ending two months of surprise increases, after the government took action to inject money into the ailing financial system.
The number of people filing initial claims for unemployment benefits fell last week, but the number filing for more than a week hit a fresh record high, according to a government report released Thursday.
The number of Americans filing initial claims for unemployment insurance rose last week, with the number of people collecting benefits overall rising to a record 5.3 million, according to a government report released Thursday.
As unemployment soared in January, four states' jobless rates climbed higher than 10%, according to federal data released Wednesday.
The number of Americans filing initial claims for unemployment insurance fell last week, edging off recent highs, according to a government report released Thursday.
The number of Americans filing initial claims for unemployment insurance spiked, and those living on unemployment benefits hit a record high, according to a government report released Thursday. For the week ended Feb. 21, 667,000 Americans filed initial jobless claims, up 36,000 from a revised 631,000 the previous week. That's the highest figure since October 1982.
There were fewer mass layoffs in January, with the brunt of the job casualties occurring in the South and in temporary-help services, according to the U.S. government.
The number of Americans continuing to file for unemployment benefits has hit a record high, according to a government report released Thursday.
The number of Americans filing for first-time unemployment benefits last week edged off a 26-year high, but was greater than expected, according to a government report released Thursday.
The federal stimulus package is designed to create millions of jobs, but it also provides many benefits to those who just can't find work.
The number of Americans filing for first-time unemployment benefits surged last week to a level not seen since October 1982, according to a government report released Thursday.
In a sign that job losses are felt in every corner of the nation, unemployment rates rose in 98% of metropolitan areas across the country in December, according to a recent government report.
Unemployment spiked in all states nationwide in December for the first time as companies shed hundreds of thousands of positions, federal data released Tuesday shows.
The number of Americans filing for first-time unemployment benefits rose last week to a 26-year high, according to a government report released Thursday.
The number of Americans filing for first-time unemployment benefits rose more than expected last week to 524,000, breaking the half-million mark for the first time in 2009, according to a government report released Thursday.
The number of Americans filing for first-time unemployment benefits dropped sharply from last week to a three-month low, according to a government report released Thursday.
The number of Americans filing for first-time unemployment benefits fell sharply last week, according to a government report released Wednesday, as a year filled with layoffs and income cuts draws to a close.
The number of Americans filing for first-time unemployment benefits rose to a 26-year high last week, according to a government report released Wednesday.
Unemployment rates rose in 37 states and the District of Columbia in November as the recession hammered nearly every job sector, according to a government report released Friday.
The number of Americans filing for first-time unemployment benefits fell more than expected last week, according to a government report released Thursday. However the ranks of the jobless continued to swell.
The number of Americans filing new unemployment insurance claims jumped last week to a 26-year high, surpassing the number of filings economists had predicted.
The number of Americans filing new unemployment insurance claims decreased last week, but the number of people continuing to collect benefits hit a 26-year high.
Job seekers with no ties to any particular location often seek jobs in big cities like New York, Chicago, Illinois, Los Angeles, California, or San Francisco, California.
The number of Americans filing new unemployment insurance claims edged down from a 16-year high, but remained elevated above the half-million mark.
As the economic outlook worsens, job cut announcements have come in hard and fast this week from businesses across the nation.
President Bush signed The Unemployment Extension Act of 2008 into law Friday, lengthening the period of government assistance to Americans struggling in the shrinking job market.
President Bush signed legislation Friday to extend unemployment insurance benefits nationwide, his spokeswoman Dana Perino said.
President Bush on Friday morning signed a measure to extend unemployment benefits by at least seven weeks in every state, White House spokeswoman Dana Perino said.
The number of Americans filing new claims for unemployment insurance last week surged to the highest levels since the wake of the Sept. 11, 2001, terrorist attacks, and the number of people continuing to collect benefits rose to a 25-year high, the government said Thursday.
What gives today's October employment report an unmistakably ominous twist is the almost uniformly downbeat message from nearly all of its components. No matter how deep one digs into the specifics of the data, it is hard to identify any encouraging news. Not only did the economy lose a massive 240,000 jobs in the non-farm sector, but the previously reported declines of 159,000 in September and 73,000 in August were revised sharply lower to 284,000 and 127,000 respectively as well. As a result, the economy has now lost a total of 1.2 million jobs since the beginning of the year, with nearly half of those losses occurring in the last three months alone, pointing to an acceleration in the pace of erosion in labor markets.
State unemployment insurance trust funds are rapidly running out of money amid soaring job losses.
October was another awful month for jobs. Two key employment reports released Wednesday showed the largest number of planned job cuts in nearly five years, with private sector jobs falling by the largest amount in nearly seven years.
The number of Americans filing new claims for unemployment insurance last week was higher than economists expected, and the number continuing to collect benefits shot to a 25-year high.
The number of Americans filing new claims for unemployment insurance did not change from last week, remaining at an elevated level that indicates weakness in the nation's economy.
The sense of recession deepens as jobless numbers rise. Expect them to climb toward the record, seen more than a quarter-century ago
The number of out-of-work Americans filing new claims for unemployment insurance rose last week, the government said Thursday, reflecting continuing weakness in the nation's economy.
The number of out-of-work Americans filing new claims for unemployment insurance last week fell more than expected, according to a government report released Thursday.
Next stop for bailout-happy policymakers? The stressed-out U.S. consumer.
The number of out-of-work Americans filing new claims for unemployment insurance last week edged off a seven-year high but was higher than economists' estimates, according to a government report released Thursday.
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