Jobless Rate | featured news

The jobless rate in 39 states and Washington, D.C. fell in June compared to the prior month, the Labor Department said. Just five states saw unemployment rate increases.

The economy's 5.7 percent growth last quarter - the fastest pace since 2003 - was a step toward shrinking the nation's 10 percent unemployment rate....

The jobless rate creeps up from 12.3% in November as employers lay off 38,800 workers in December, capping a dismal year in which the state lost more than half a million jobs.

California employers cut more workers from their staffs in December, capping a dismal year in which the state lost more than half a million jobs.

Unemployment will top out this month at 12.7%, but the recovery will take years, UCLA economists say.

California's jobless rate is close to peaking, but the recovery will be sluggish, with employers not expected to resume hiring until at least next spring, according to new forecasts by UCLA and other analysts.

The U.S. economic recovery will be weaker than after previous deep recessions, and the high jobless rate will decline only slowly, the OECD said on Thursday.

The United States economy shed 190,000 jobs in October, the government reported, and economists do not foresee relief until well into next year.

A net 263,000 jobs were eliminated in September, pushing the jobless rate to a 26-year high. Stocks fall on the news. The nation's labor market took a turn for the worse in September as employers eliminated a net 263,000 jobs, far more than expected and reversing a pattern of steadily declining payroll losses in recent months, the Labor Department said today.

Even as the July numbers came in better than expected, the job market remains shaky in the months ahead.

Japan sees its unemployment reach a six-year high, at 5.4%, with job availability at a new low, in a further sign of the slowdown.

The Federal Reserve expects the U.S. economy this year will sink at a slower pace than it previously thought, but that unemployment ...