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US unemployment News

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.
In the Media by Robert Myles - 1 comment

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.
In the Media by Larry Clifton - 4 comments

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.
In the Media by Larry Clifton - 1 comment

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.
In the Media by Larry Clifton - 37 comments

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.
In the Media by Bill Lewis - 2 comments

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.
In the Media by Larry Clifton

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%.
In the Media by Ken Hanly - 10 comments

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.
In the Media by Larry Clifton - 1 comment

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.
In the Media by Larry Clifton - 1 comment

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.
In the Media by Larry Clifton - 3 comments
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