Jobless claims decline as Sandy impact wanes
November 29th, 2012
09:33 AM ET
4 months ago

Jobless claims decline as Sandy impact wanes

New York (CNNMoney) – The number of people filing for unemployment benefits for the first time declined last week, a sign that the impact of Hurricane Sandy on jobs is starting to wane.

The Labor Department reported that 393,000 filed for initial jobless claims during the week, down from the 416,000 who sought help the previous weeks.

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Filed under: Jobs • unemployment
Obama now a job creator
November 2nd, 2012
12:44 PM ET
2 years ago

Obama now a job creator

New York (CNNMoney) – The U.S. economy now has more jobs than it did when the president took office in January of 2009.

With the addition of Friday's fairly strong jobs report, plus upward revisions over the last couple of months, there are now 194,000 more jobs than there were in January of 2009, according to data from the Bureau of Labor Statistics.

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Filed under: 2012 • Jobs • President Obama
Final jobs report before election gives ammo for both sides
November 2nd, 2012
09:59 AM ET
2 years ago

Final jobs report before election gives ammo for both sides

(CNN) - The final set of monthly jobs data before Tuesday's presidential election provided both campaigns fodder to drive home their closing arguments on jobs and the economy, with President Barack Obama's team arguing the numbers show the economy on the rebound while Mitt Romney's team claiming it shows an economy still struggling.

The GOP nominee spotlighted the unemployment rate rising to 7.9%, up from 7.8% a month ago. While the rate is lower than the benchmark 8%, it's higher than it was when President Barack Obama took office in 2008.
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Filed under: 2012 • Jobs • Mitt Romney • President Obama
October jobs report: Hiring increases, unemployment up
November 2nd, 2012
08:33 AM ET
2 years ago

October jobs report: Hiring increases, unemployment up

New York (CNNMoney) – Hiring increased last month, while the unemployment rate ticked higher, according to a report released just four days before the presidential election.

The economy added 171,000 jobs in October, while the unemployment ticked up to 7.9, from 7.8% in September, the Labor Department said Friday.


Filed under: 2012 • Economy • Jobs • Mitt Romney • President Obama
Private hiring jumps, unemployment claims fall
November 1st, 2012
09:51 AM ET
2 years ago

Private hiring jumps, unemployment claims fall

New York (CNNMoney) - Private sector hiring jumped in October, according to a report released Thursday by payroll processor ADP.

Private employers added 158,000 jobs in the month, ADP said, beating economists' forecasts of 143,000.

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Filed under: 2012 • Jobs
October jobs report will be released Friday
October 31st, 2012
01:47 PM ET
2 years ago

October jobs report will be released Friday

New York (CNNMoney) - The October jobs report will come out on Friday morning as scheduled, the Department of Labor announced Wednesday.

With Superstorm Sandy closing federal offices for two days, the department's ability to produce the highly-anticipated report was thrown into doubt. The report will provide a last look at the health of the job market before Tuesday's presidential election.

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Filed under: Jobs
Sandy could delay jobs report
October 29th, 2012
12:25 PM ET
2 years ago

Sandy could delay jobs report

New York (CNNMoney) – Hurricane Sandy could cause a delay in the release of the highly-anticipated October jobs report set for this Friday.

The report is normally released at 8:30 a.m. ET the first Friday of the month. This month's report is the final reading on the health of the job market before the presidential election.

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Filed under: 2012 • CNNMoney.com • Economy • Jobs
Jobless claims snap back up
October 18th, 2012
09:58 AM ET
2 years ago

Jobless claims snap back up

New York (CNNMoney) – First-time claims for unemployment benefits are on a roller coaster. The number snapped back up last week, after falling to a four-year low the week before.

About 388,000 people filed for first-time unemployment benefits in the week ended October 13, up 46,000 from the previous week, the Labor Department said Thursday.

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Filed under: Jobs
Romney PAC uses 8% unemployment in battleground ad
October 9th, 2012
10:05 AM ET
2 years ago

Romney PAC uses 8% unemployment in battleground ad

(CNN) - Despite a jobs report showing unemployment falling to 7.8% in September, the super PAC supporting Mitt Romney continued to use "over 8% unemployment" in a new ad hammering President Barack Obama Tuesday.

Restore Our Future said it was spending $6.3 million to air the spot in Florida, Iowa and Virginia. In the commercial, a narrator asserts high unemployment is a "new normal" of Obama's economy.
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Filed under: 2012 • Jobs • Mitt Romney
October 5th, 2012
11:25 AM ET
2 years ago

Unemployment rate below 8% a boon for Obama, but Romney says not enough

Washington (CNN) – Friday's news that the nation's unemployment rate fell to 7.8% provided a much needed boost to President Barack Obama's campaign after a maligned debate performance, and left his rival Mitt Romney without a usual attack line criticizing the president for presiding over an economy with unemployment above 8%.

The report, which is the penultimate set of monthly jobs data before November's general election, also showed 114,000 jobs were created last month. The unemployment rate now stands where it did in 2009, when Obama took office. At a campaign rally Friday in Virginia, the president cast the number as an indication his policies were working.
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Filed under: 2012 • Jobs • Mitt Romney
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