Unemployment, Unemployment Rate | featured news

Bankruptcy filings have reached the highest level since 2005, data released Tuesday show, as the economy slows and the unemployment rate hovers just below double digits.

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Politicians destroyed jobs when they increased the minimum wage by more than 40 percent over a three-year period.

Fed chief Bernanke expressed confidence to Congress that the unfolding economic recovery will have staying power, but not fast enough to relieve high unemployment quickly.

Though the unemployment rate remained steady at 9.7 percent, the overall employment picture was greatly improved, with positive revisions to January and February.

On the eve of the release of the latest unemployment numbers, Treasury Secretary Timothy Geithner said on Thursday that the jobless rate would likely remain unacceptably high for a long time.

Economists had expected the snowstorms to have a bigger impact, but job losses were surprisingly mild in February as employers cut 36,000 jobs.

Unemployment rates rose in 43 states last month, the government said Friday, painting a bleak picture of the job market and illustrating nationwide data released two weeks ago....

The jobless rate creeps up from 12.3% in November as employers lay off 38,800 workers in December, capping a dismal year in which the state lost more than half a million jobs.

California employers cut more workers from their staffs in December, capping a dismal year in which the state lost more than half a million jobs.

The government said the economy shed 85,000 jobs last month, surprising forecasters, while the unemployment rate held steady at 10 percent.

California's unemployment rate fell in November, another sign that a recovery is underway, even as the state shed jobs from its payrolls.

The state's unemployment rate slid to 12.3%, the Bureau of Labor Statistics reported this morning, down from 12.5% the month before. It is one of 36 states that saw unemployment rates decline in November.