Jobs, Unemployment Rate | featured news

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

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

The nation's unemployment rate tumbled unexpectedly to 9.7% in January, first time it's fallen below double digits since September, the Bureau of Labor Statistics reported Friday.

The economy's 5.7 percent growth last quarter - the fastest pace since 2003 - was a step toward shrinking the nation's 10 percent unemployment rate....

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.

A net 263,000 jobs were eliminated in September, pushing the jobless rate to a 26-year high. Stocks fall on the news. The nation's labor market took a turn for the worse in September as employers eliminated a net 263,000 jobs, far more than expected and reversing a pattern of steadily declining payroll losses in recent months, the Labor Department said today.

Even as the July numbers came in better than expected, the job market remains shaky in the months ahead.

Stocks fell in Europe and Wall Street was set to open lower as investors weighed the impact of a report that showed steeper U.S. job losses than expected.