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Tag Archives: Unemployment

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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Rate on 30-year mortgage falls to record 3.87 percent

WASHINGTON — The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed. Mortgage ...

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Fewer seek unemployment aid as job market improves

WASHINGTON — The number of people seeking unemployment benefits fell last week to a level that signaled a steadily improving job market. The figures came one day before the government is expected to report that January marked another solid month ...

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Economy grew modest 2.8 pct. in Q4, best in 2011

WASHINGTON — The U.S. economy grew at a 2.8 percent annual rate in the final three months of last year, the fastest growth in 2011. Americans spent more on cars and trucks, and companies restocked their shelves at the strongest ...

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More seek unemployment aid, but trend is positive

WASHINGTON — The number of people seeking unemployment benefits rose last week to a seasonally adjusted 377,000, up from a nearly four-year low the previous week. But the longer-term trend is pointing to a healthier job market. Applications have trended ...

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Fed: Slightly lower growth, unemployment in 2012

WASHINGTON — The Federal Reserve went further than ever Wednesday to assure consumers and businesses that they’ll be able to borrow cheaply well into the future. The Fed pushed back the date for any likely increase in its benchmark interest ...

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Government hiring lifted state job picture in December

ANNAPOLIS — Government hiring drove Maryland’s unemployment rate down to 6.7 percent last month as payrolls grew by 3,100 jobs, according to figures released Tuesday by the state. December marked the third straight month in which the jobless rate declined ...

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