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Tag Archives: Unemployment

More Americans quit jobs, a sign of confidence

WASHINGTON — More Americans are quitting their jobs, suggesting many are growing more confident in the job market. The Labor Department said Tuesday that the number of people who quit their jobs in April jumped 7.2 percent to 2.25 million. ...

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Unemployment benefit applications fall to 346K

WASHINGTON — The number of Americans seeking unemployment benefits fell 11,000 last week to a seasonally adjusted 346,000, a level consistent with steady job growth. The Labor Department said Thursday that applications dropped from 357,000 the previous week, which was ...

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Applications for unemployment aid rise to 354K

WASHINGTON — The number of Americans seeking unemployment benefits rose 10,000 last week to a seasonally adjusted 354,000. Still, the level of applications is consistent with steady hiring and remains near a five-year low. The Labor Department said Thursday that ...

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Consumer confidence rises in May to 5-year high

WASHINGTON — Americans’ confidence in the economy jumped in May to a five-year high, lifted by a better outlook for hiring, rising home prices and more optimism about business conditions. The increase suggests consumers may keep boosting economic growth this ...

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Bernanke signals Fed to maintain stimulus efforts

WASHINGTON — Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs. Reducing the Fed’s efforts to keep borrowing rates low ...

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State unemployment drops slightly in April

Maryland’s unemployment rate fell to 6.5 percent in April — its lowest point in four years — despite the state’s economy losing 6,200 jobs, according to data released Friday by the U.S. Department of Labor’s Bureau of Labor Statistics.

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