Jobs News

european unemployment hits record 12 percent

Eurozone Unemployment Rate Hits Historic High of 12 Percent

The longest unemployment lines in the history of the European Union are choking that continent’s economic recovery, but have had no noticeable effect in the United States. February unemployment reached a record-setting 12 percent in the 17 European Union countries that use the euro, with Greece (26.4 percent unemployment) and Spain (26.3) continuing to be […]

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Unemployment numbers mixed

Unemployment Rate Dips; 146,000 New Jobs Added in November

In November, the U.S. unemployment rate fell to its lowest level in four years and 146,000 jobs were added by a still-improving economy, but the background news to both numbers muted any celebration. November’s jobless rate dipped to 7.7 percent, the best since February 2008, but some of that can be attributed to the fact […]

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Unemployment down

Unemployment Drops as Job Market Shows Slow Growth

Unemployment rates fell this week, and analysts are predicting a further decline as more businesses reopen in the wake of Superstorm Sandy. Weekly unemployment benefit applications fell by 23,000 to a seasonally adjusted 393,000 applications, according to the U.S. Department of Labor. The previous week saw 416,000 initial claims with a four-week average of 405,250 […]

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Hurricane

Unemployment Claims Soar After Hurricane Sandy

Superstorm Sandy left more than wreckage and debris. It left thousands out of work. The number of people seeking unemployment benefits last week shot up to an 18-month high as a result of the storm that devastated much of New England and many mid-Atlantic states. According to the U.S. Department of Labor, there were 439,000 […]

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Layoffs

U.S. Economic Growth Questioned Amid Layoffs

While some economic indicators suggest America is inching toward steady fiscal growth, a growing number of layoffs from companies that range from mom-and-pops to large corporations suggests more problems may lie ahead. Since President Barack Obama was re-elected and with a fiscal cliff looming, a number of companies have gotten rid of employees at a […]

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Work Application

Jobs Report Shows Jobs Gained, Unemployment Up

With only four days remaining before the 2012 presidential election, President Barack Obama and Republican challenger Mitt Romney, along with many economists, have been anxiously awaiting the November 2012 release of the monthly jobs report. With an estimated 23 million Americans out of work and millions of people deep in debt, the report becomes especially pertinent […]

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tired employee image

Employees Regularly Exaggerate Work Hours

While it may seem like you’ve been plugging away for countless hours behind the office desk or at the store register, a recent study suggests you actually may not be working as long as you think you are. According to study by John P. Robinson for the Bureau of Labor Statistics, Americans have a habit […]

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Unemployment Rises

Unemployment Rate Increases Despite Job Creation

Economists are increasingly optimistic this month as more than 163,000 new jobs were added to the American market in July, the highest figure in the past five months. This number was encouraging as it was 25 percent higher than had been anticipated for the month — giving people hope for economic growth. But the economic […]

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