New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are likely cutting jobs again as the economy slows.
President Obama cited the slight increase in private-sector job creation today, but added that “climbing out of any recession — much less a hole as deep as this one — takes some time.”
WASHINGTON (AP) — Companies showed a lack of confidence about hiring for a third straight month in July, making it likely the economy will grow more slowly the rest of the year. The unemployment rate was unchanged at 9.5 percent.
WASHINGTON — President Barack Obama says Senate Republicans are playing politics with bills that would extend benefits to the unemployed and increase lending to small businesses.
WASHINGTON (AP) — The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months. The surge is evidence of how volatile the job market remains, even as the economy grows.
From NationalJournal.com: If the economy produces jobs over the next eight months at the same pace as it did over the past four months, the nation will have created more jobs in 2010 alone than it did over the entire eight years of George W. Bush’s presidency.
WASHINGTON — More confident U.S. employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent as Americans streamed back into the market looking for work.
Like no other year before it, 2009 started off on a high note for African Americans. President Barack Obama was inaugurated. We braved the 20 degree cold weather in Washington D.C and oohed and aahed watching the first couple dance as Beyonce sang “At Last” at the Inauguration Ball. It was also the year of […]
WASHINGTON — The tally of newly laid-off workers seeking unemployment benefits fell unexpectedly for the fifth straight week, a hopeful sign that the job market is slowly improving. Still, claims remain above the levels that most analysts say would be consistent with an economy that is adding jobs. The unemployment rate is at 10.2 percent […]
