Unemployment, Jobless | featured news

Unemployment is likely to stay high for a long time, two Federal Reserve officials said on Wednesday, suggesting the U.S. central bank is in no rush to raise its ultra-low interest-rate policy.

The demise of Democrats' jobs-agenda legislation means that unemployment benefits will phase out for more than 200,000 people a week. Governors who had counted on fresh federal aid will now have to consider more budget cuts, tax increases and layoffs of state workers.

Democratic officials said the House may try to revive the long-stalled jobless aid bill next week as a stand-alone bill shorn of controversial tax and spending provisions that prompted Senate Republicans to filibuster it on Thursday.

Republicans in the Senate have defeated an election-year bill to continue weekly jobless benefits for millions of long-term unemployed workers.

President Barack Obama on Saturday pinned blame on Republicans for making life harder for the unemployed and for those who could lose their jobs without new federal intervention. He did so even as he sought to distance himself from the ...

The number of Americans seeking jobless benefits last week unexpectedly rose to a one-month high, indicating firings are staying elevated even as the US economy grows. Some companies are trimming payrolls ...

Unemployed Dutch women are being offered a $1,695 fashion and beauty makeover and free membership of a dating agency to get them off unemployment benefits by finding an employed husband. Single job-seekers will be given a new hairstyle and outfit, and tips from a life coach on how to attract a new partner or a job.

Kudos to the Detroit News for a great story revealing that people are refusing to accept jobs because of government unemployment benefits. None of this should be surprising to people who understand that if you subsidize something, you get more of it.

The number of Americans filing claims for unemployment benefits dropped for a second consecutive week, further evidence that the job market is slowing improving.

Home sales rose sharply last month and claims for jobless benefits fell last week. The two reports Thursday sketched a picture of a modestly improving economy.

The measure passes the Senate and House largely along partisan lines, with most Republicans opposed. By Richard Simon President Obama signed an extension of jobless benefits for the long-term unemployed Thursday night that will allow those whose aid ...