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US unemployment News

September sees U.S. automotive sales up: SUVs are gaining speed

Possibly the falling gas prices played a role, or last year's harsh winter, but once again the data is proving Americans love affair for trucks has not ended. People in the U.S., again are deciding to purchase popular light trucks over sedans.

Op-Ed: Funemployed — The rising cost of higher education and unemployment

Unemployment rates are higher in the U.S. than depicted in the media, and recent graduates (with excessive student loans) are struggling to find jobs in their fields.

Senate votes in Yellen as first woman chair of Federal Reserve

Washington - The U.S. Senate, Monday, approved the appointment of Janet Yellen as head of the Federal Reserve. Yellen, 67, will become the first woman to preside over the US central bank, the most powerful in the world.

Number of March layoffs highest in a year

Washington - While Washington is touting economic recovery as the political dish of the day, during March employers in government and private sectors were the busiest in a year conducting exit interviews for laid-off employees.

JP Morgan to cut 4,000 jobs in 2013

New York - Tuesday, JP Morgan bank announced plans to shed 4,000 jobs or 1.5 percent of its work force despite a return to profitability.

Union strike forces Hostess to close; 18,500 jobs lost

Crippled by a nationwide strike, on Friday the makers of Wonder Bread and Hostess Brands snack products that include iconic Twinkies cakes announced plans to permanently close its doors and lay off all of its 18,500 employees.

U.S. unemployment at lowest point since 2010 according to Gallup

According to a recent Gallup poll both unemployment and underemployment has dropped since September with the unadjusted unemployment rate at its lowest point since January of 2010.

Labor Department tells Fox unemployment report 'skewed'

Washington - With a presidential election less than a month away, a Labor Department spokesman has admitted its report showing weekly unemployment applications the lowest in four years, is skewed downward.

Unemployment in U.S. falls to 7.8% in September

Washington - Figures released today by the U.S. Bureau of Labor Statistics show that the economy created 104,000 new private sector jobs in September. The official unemployment rate fell to 7.8%.

U.S. unemployment rate expected to rise in Friday report

Washington - A U.S. Labor Department report out Thursday showed an increase in jobless claims one day after the first presidential debate.

Two numbers Democrats may not mention in Charlotte

Charlotte - As large numbers of Democrats gather in Charlotte, two numbers will not likely receive mention during incumbent party speeches. They are $16 trillion and 8.3 percent.

Weekly unemployment claims rise in U.S.

Washington - The number of U.S. unemployment claims for last week increased more than most estimates in yet another sign that the economy has slowed during the weakest economic recovery since World War II.

U.S. stocks sink as unemployment rises

New York - Stocks retreated Thursday after government reports showed an increase in unemployment benefit applications last week. Investors didn’t buy into a marginally positive housing report for July as stocks edged down.

U.S. unemployment increases in heat of election campaign

Washington - As one anemic jobs report follows another in Washington, the unemployment rate reflects the pattern by increasing to 8.3 percent in July.

Bad jobs report rocks U.S. stocks at opening

New York - Stocks plunged on opening Friday as the U.S. stock market reeled amid the worst jobs report in a year and an uptick in the unemployment rate.

President Obama: plea for common ground to both political parties

Politics involve federal spending, national defense, abortion, health care, jobs and political discord among parties. President Barack Obama’s speech on September 8 was a plea for common ground among parties to develop jobs and stabilize the economy.
 

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