Economy, Labor Market | featured news

Jobless claims rose more than expected in the latest week, showing the labor market remains under pressure, while productivity rebounded a bit and labor costs fell.

New claims for unemployment benefits fell last week to a three-month low, hinting at some improvement in the listless labor market.

New claims for unemployment benefits fell more than expected last week to their lowest level in two months, a hopeful sign for the troubled labor market.

In a sign that the state's struggling labor market may be strengthening, 14,200 positions were added by employers in April, the second straight month of expansion.

U.S. job losses slowed sharply in November and the unemployment rate unexpectedly declined, in a sign the labor market is finally starting to heal.

The U.S. labor market improved in November, with the number of jobs lost in the private sector falling again and the number of planned layoffs also easing, separate reports showed on Wednesday.

The worst U.S. economic recession in 70 years is forcing senior citizens out of retirement, leaving them fighting for jobs in a weak labor market or risk homelessness, according to a private study.

Despite the positive signs, Ben S. Bernanke told lawmakers, the labor market remains weak, and interest rates will likely remain low for some time.