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Tag Archives: job market

Bernanke’s cautious words drive market up

WASHINGTON — Chairman Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve’s existing policies will help boost economic growth. Bernanke’s comments Monday to a group of economists in Arlington, ...

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Contracts for homes nationwide dipped in February

WASHINGTON — The number of Americans who signed contracts to buy U.S. homes dipped in February from nearly a two-year high, a mixed signal ahead of the spring home-buying season. The National Association of Realtors said Monday that its index ...

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Unemployment aid applications hit 4-year low

WASHINGTON — The number of people seeking U.S. unemployment aid fell to a four-year low last week, bolstering the view that the job market is strengthening. The Labor Department said Thursday that weekly applications dropped 5,000 to a seasonally adjusted ...

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Job seekers getting asked for Facebook passwords

SEATTLE — When Justin Bassett interviewed for a new job, he expected the usual questions about experience and references. So he was astonished when the interviewer asked for something else: his Facebook username and password. Bassett, a New York City ...

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U.S. unemployment applications hover near low levels

WASHINGTON — Slightly more Americans applied for unemployment benefits last week. But the overall level stayed low enough to suggest the job market is strengthening. The Labor Department said Thursday that weekly applications increased by 8,000 to a seasonally adjusted ...

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Federal deal trims maximum jobless benefits to 73 weeks

WASHINGTON — Unemployed workers would no longer be able to claim 99 weeks of benefit checks by this summer under a deal being worked out in Congress. Under this week’s compromise for extending a Social Security tax cut through the ...

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Unemployment applications drop to a 4-year low

WASHINGTON — The number of people seeking unemployment benefits fell to the lowest point in almost four years last week, the latest signal that the job market is steadily improving. Weekly applications for unemployment benefits dropped 13,000 to a seasonally ...

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U.S. unemployment aid applications near 4-year low

WASHINGTON — The number of people seeking unemployment aid neared a four-year low last week, a positive sign that strong hiring could continue in the coming months. The Labor Department said Thursday that weekly applications for unemployment benefits fell 15,000 ...

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Unemployment rate hits 8.3 pct. after hiring burst

WASHINGTON — In the most impressive surge for the job market since early last year, the United States added 243,000 jobs in January, far more than economists expected. The unemployment rate dropped to 8.3 percent, the lowest in three years. ...

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