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Tag Archives: Labor Department

Employers added 54K jobs, rate ticks up to 9.1 pct

WASHINGTON — Employers hired only 54,000 new workers in May, the fewest in eight months, and the unemployment rate rose to 9.1 percent. The Labor Department report offered startling evidence that the U.S. economy is slowing, hampered by high gas ...

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Fewer people applied for unemployment benefits

WASHINGTON — Fewer Americans applied for unemployment benefits last week, but applications remain stuck at a level that signals weak job growth. The number of applications for unemployment benefits dropped by 6,000 to a seasonally adjusted 422,000, the Labor Department ...

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Unemployment fell in April in most metro areas

WASHINGTON — The best month for private-sector hiring in five years and a pickup in summer jobs helped lower unemployment rates in more than 90 percent of the nation’s largest cities in April. The unemployment rate dropped in 339 metro ...

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More people applied for unemployment benefits

WASHINGTON — More people applied for unemployment benefits last week, the first increase in three weeks and evidence that the job market is still sluggish. The number of people seeking benefits rose by 10,000 to a seasonally adjusted 424,000, the ...

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Unemployment falls in three-quarters of US states

WASHINGTON — Unemployment rates fell last month in more than three-quarters of the nation’s states, adding to evidence that companies are feeling more confident in the U.S. economy. The Labor Department said Friday that unemployment rates dropped in 39 states ...

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U.S. unemployment applications drop sharply

WASHINGTON — The number of Americans applying for unemployment benefits fell sharply for the second straight week, suggesting the job market is slowly recovering. Applications for benefits dropped 29,000 last week to a seasonally adjusted 409,000, the Labor Department said. ...

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Fewer people applied for unemployment benefits

WASHINGTON — The number of people applying for unemployment benefits fell sharply for the second straight week, suggesting the job market is slowly recovering. The Labor Department says applications for benefits dropped 29,000 last week to a seasonally adjusted 409,000. ...

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Rising food, gas costs push up US consumer prices

WASHINGTON — U.S. consumers paid more for gas and food in April, pushing inflation to its highest level in two and a half years. But so far this month, inflationary pressures have begun to ease. The Consumer Price Index increased ...

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Applications for unemployment benefits plummet

The number of people applying for unemployment benefits plummeted last week, reversing nearly all the sharp rise reported the previous week. The number of laid-off workers seeking benefits dropped 44,000 to a seasonally adjusted 434,000, the Labor Department said Thursday. ...

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Economy adds 244k jobs in April, unemployment rate ticks up to 9 percent

WASHINGTON — Employers added more than 200,000 jobs in April for the third straight month, the biggest hiring spree in five years. The Labor Department reported Friday that the economy added 244,000 jobs last month. Private employers shrugged off high ...

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