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Jobless claims rise but labor market healing

New claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, but the underlying trend continued to point to improving labor market conditions.

Senh: Bad news, good news. I think overall, it's good news to know that the labor market is healing, despite an uptick in jobless claims.

 

Private Sector Job Growth Accelerates, Report Shows

The ADP report showed private employers added 206,000 jobs this month, prompting economists to raise their forecasts for the U.S. labor report on Friday.

 

Jobless claims fall, 4-week average at 6-month low

New claims for unemployment benefits fell last week and a gauge of labor market trends hit a six-month low, a government report showed on Thursday, pointing to an improvement in the jobs market.

Senh: We'll see if this holds up in the coming weeks.

 

Jobless claims dip 1,000 last week

New claims for unemployment benefits edged down last week, according to a government report on Thursday that pointed to a modest improvement in the labor market at the start of the fourth quarter.

 

Jobless claims fall in latest week

Jobless claims fall in latest week

Americans filed fewer new claims for jobless benefits last week, data showed on Thursday, offering a glimmer of hope for the beleaguered labor market.

 

Liberals complain about Obama; will it cost votes?

Liberals argue that he caved on the debt ceiling. Unions are upset over his handling of unemployment and labor issues. Hispanics brought the immigration debate directly to his campaign doorstep....

 

Companies are afraid to hire, even if business is improving

Economists see a vicious cycle: The economy won't improve until businesses hire, but many won't hire without consumer demand, which is weak because of the slack job market and concerns about the future. The roofing supply yard in Long Beach is rumbling with activity these days, thanks in part to a wet winter that has property owners eager to make repairs before fall.

 

U.S. Postal Service looks to cut 220,000 jobs

U.S. Postal Service looks to cut 220,000 jobs

The U.S. Postal Service would eliminate about 220,000 full-time jobs and shutter about 300 processing facilities by 2015 under a proposal to bring its finances in order, a postal official said on Friday.

 

Unemployment rates rose in majority of US states

Unemployment rates rose in majority of US states

Unemployment rates rose in more than half of U.S. states in June, evidence that slower hiring is affecting many parts of the country.

 

Jobless claims rise above expectations

New claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, pointing to a labor market that is struggling to regain momentum after job growth faltered in the last two months.

 

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