Unemployment, Economy | featured news

The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, according to a report on Thursday that could reinforce fears the labor market recovery has stalled.

The U.S. economy is on increasingly unsteady footing, hurt by stubbornly high unemployment and volatile oil prices, the head of General Motors Co told reporters on Tuesday.

Economists think some of the missing workers have retired, have entered college or are getting by on government disability checks.

Tunisia's government said it needs $125 billion in funding over the next five years to finance a massive economic program aimed at boosting growth and cutting unemployment, state-run news agency TAP said on Sunday.

More people applied for unemployment benefits last week, the first increase in three weeks and evidence that the job market is still sluggish.

Fueling the demonstrators’ anger is the perceived failure by politicians to alleviate the hardships imposed on a struggling population by a jobless rate of 21 percent.

California's unemployment rate ticked down to 11.9% in April after the state added 8,900 jobs, a relatively small number in a state still suffering from the Great Recession.

The number of people applying for unemployment benefits fell sharply for the second straight week, suggesting the job market is slowly recovering.

U.S. claims for unemployment aid fell sharply last week after a surprisingly big rise the prior week, a government report showed on Thursday.

The number of Americans applying for unemployment benefits surged last week to the highest level in eight months, a troubling sign a day ahead of the government's report on April employment.