Jobless, Jobless Rate | featured news

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

California's unemployment rate hit 11.2% with the loss of 62,100 jobs last month, reaching its highest level since the government began keeping systematic records in 1976, the state reported today.

The nation's unemployment rate rose to 8.1% in February, the Labor Department reported this morning, adding another grim indicator to an economic picture already darkened this week. The jobless rate stood at its highest point since 1983.