SACRAMENTO, Calif. (AP) — California’s jobless rate dipped below 10 percent last month for the first time since the recession began, the state announced Friday, signaling that the state’s economy may have finally turned the corner.
WASHINGTON (AP) – The Federal Reserve predicts the unemployment rate will stay elevated until late 2015, suggesting it will keep short-term interest rates low for the next three years.
WASHINGTON (AP) – The Congressional Budget Office says extending the current level of long-term unemployment benefits for another year would add 300,000 jobs to the economy. A report from the nonpartisan office estimates that preserving jobless benefits would cost the government $30 billion.
Unemployment rates declined last month in more than half of the 372 largest U.S. cities, further evidence of steady improvement in the job market.
CHICAGO (AP) – New research shows unemployment hurts more than your wallet; it may damage your heart. That’s according to a study linking joblessness with heart attacks in older workers. The increased odds weren’t huge, […]
LOS ANGELES (AP) – California’s jobless rate continues to fall but it’s still above 10 percent. The state Employment Development Department says the rate was 10.1 percent in October, down from 10.2 percent a […]
WASHINGTON (AP) – U.S. employers posted fewer job openings in September after advertising more in August than first estimated. The Labor Department says job openings dropped by 100,000 to 3.56 million, the fewest in five […]
NORFOLK, Va. (AP) – Mitt Romney says the one-tenth-of-a-point increase in the unemployment rate to 7.9 percent is, quote, “a sad reminder that the economy is at a virtual standstill.” The Republican presidential nominee says […]
WASHINGTON (AP) – A survey shows consumer confidence rose this month to the highest level in five years, an encouraging sign for the still-weak economy The University of Michigan’s final index of October consumer sentiment […]
SACRAMENTO, Calif. (AP) – California’s jobless rate fell to from 10.6 to 10.2 percent in September in what may be the largest drop in 36 years, the state announced Friday. The numbers from the Employment […]
LOS ANGELES (CNS) – The seasonally adjusted unemployment rate in Los Angeles County dropped to 10.6 percent in September, down from 11 percent in August, the state Employment Development Department announced today. The 10.6 percent […]
WASHINGTON (AP) – Americans stepped up their spending at retail businesses in September, reflecting higher consumer confidence. The increase was driven by another strong month of auto sales and the release of the iPhone5. Retail […]