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Tag Archives: Recession

Unemployment aid applications jump to 385,000

WASHINGTON, D.C. — The number of Americans seeking unemployment aid rose last week by 28,000, the third straight increase. Weekly applications increased to a seasonally adjusted 385,000, the Labor Department said Thursday. That’s the highest level since late November. The ...

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Unemployment fell in February in 22 states

WASHINGTON — Unemployment rates fell in 22 U.S. states in February from January, a sign that hiring gains are benefiting many parts of the country. The Labor Department said Friday that unemployment rates rose in 12 states and were unchanged ...

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Ex-JPMorgan exec says Dimon withheld data

WASHINGTON — JPMorgan Chase CEO Jamie Dimon held back showing federal regulators reports in May that revealed the bank had accumulated billions of dollars in trading losses, according to congressional testimony Friday from the firm’s former chief financial officer. Douglas ...

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