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More People Apply for Unemployment Benefits, Reversing Trend
WASHINGTON -- More people applied for unemployment benefits last week, the first increase in three weeks. Still, the broader trend points to a slowly healing jobs market. The government says applications for unemployment benefits rose 27,000 to a seasonally adjusted 412,000 for the week ended April 9. That left...
Is the Unemployment Report Good News?
The U.S. economy added 103,000 jobs in December -- all in the private sector -- and the unemployment rate dropped from 9.8 percent to 9.4 percent, the Bureau of Labor Statistics just announced. From the Atlantic Wire The numbers come on the heels of a disappointing November jobs report that yielded only...
Photographer Captures Upside of Recession
The recession was hard on a lot of people, but one Los Angeles photographer has found great personal satisfaction documenting the positive effects the recession has had on people. She's Remy Haynes, and the inspiration to show the good things that can happen during bad times came during a downtime in her career doing ads...
David Brooks Says Unemployed Care More About Values Than Jobs
(Oct. 29) -- The latest economic growth numbers aren't good: The economy grew just 2 percent in the third quarter, the Commerce Department reported today. It's a "slight uptick" from the previous quarter, reports The New York Times, but not enough to put a dent in the country's 9.6 percent unemployment rate. "The economy...
Economy Loses 95K Jobs Due to Government Layoffs
WASHINGTON (Oct. 8) -- A wave of government layoffs in September outpaced weak hiring in the private sector, pushing down the nation's payrolls by a net total of 95,000 jobs. The unemployment rate held at 9.6 percent last month, the Labor Department said Friday. The jobless rate has now topped 9.5 percent for 14 straight...
Background on unemployed
Unemployment (or ), as defined by the International Labour Organization, occurs when people are without jobs and they have actively sought work within the past four weeks.
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