New York (CNNMoney) - The number of Americans filing for first-time unemployment benefits took an upswing just before Christmas.
About 381,000 people filed initial jobless claims in the week ended Dec. 24, the Labor Department said Thursday. That marked an increase of 15,000 from the prior week. Economists were expecting claims to rise to 368,000.FULL STORY
(CNN) -The economy is the top concern for Americans, according to a new CNN/ORC International poll released Friday, and half name unemployment as the most important issue related to the economy.
With just three in ten saying things are going well in the country today and 70% saying they are going badly, economic issues are still the main priority for the country this holiday season.
New York (CNNMoney) - The number of Americans filing for first-time unemployment benefits dropped to their lowest level since April 2008, boosting optimism in the job market.
In a surprise drop, 364,000 people filed initial jobless claims in the week ended Dec. 17, the Labor Department said Thursday. That was a decrease of 4,000 from the prior week. Economists were expecting claims to rise to 380,000.FULL STORY
New York (CNNMoney) - Fewer Americans filed for their first week of unemployment benefits last week. So few in fact, that the number of initial claims fell to its lowest level since May 2008.
About 366,000 people filed initial jobless claims in the week ended Dec. 10, the Labor Department said Thursday. That was a decrease of 19,000 from the prior week.FULL STORY
NEW YORK (CNNMoney) - The November jobs report contains some undeniably good news for President Obama, but the White House should keep the champagne on ice for now.
The Labor Department reported Friday that the unemployment rate dropped to 8.6% in November, the lowest since March 2009 and a sharp improvement from 9.0% in October.FULL STORY
(CNN) - Mitt Romney was the first Republican presidential candidate to react to November's promising jobs report, criticizing President Barack Obama's performance and saying that "the fact that so many millions of Americans are unemployed only highlights the urgent need for a fundamental change in the direction of our country."
The Labor Department on Friday announced the nation's unemployment rate fell to 8.6% last month, the lowest level since March of 2009, with employers adding 120,000 jobs, marking a pick up in hiring from October. Economists surveyed by CNNMoney had expected an additional 110,000 jobs in the month and the unemployment rate to remain unchanged.
Washington (CNNMoney) - The House passed a bill on Wednesday to help unemployed veterans seeking jobs as well as federal contractors facing a new tax burden in 2013.
The House voted 422 to 0 on Wednesday to pass the first and, so far, only piece of President Obama's jobs package to get out of Congress. The Senate passed the bill with 95 senators voting unanimously last week.FULL STORY
NEW YORK (CNNMoney) - Fewer Americans filed for initial unemployment benefits last week, marking continued - but still slow - improvement in the job market.
About 390,000 people filed for their first week of unemployment claims in the week ended Nov. 5, the Labor Department said Thursday. The number of claims fell 10,000 from the revised 400,000 in the prior week.FULL STORY
(CNN) – Minnesota Rep. Michele Bachmann is confident that when it comes to jobs, she would be a rainmaker as president.
“I have no doubt that we would create millions of jobs,” she said Friday of her prospective presidency, shortly before the October jobs report reflected a dip in unemployment.
Washington (CNNMoney) - The American economy added 80,000 jobs in October, and the unemployment rate eased to 9%, the Labor Department reported Friday.
The number of jobs created eased from September, when employers added 158,000 jobs. The jobless rate was 9.1% in September.FULL STORY