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Tag Archives: Unemployment

Reports show economy is improving — slowly

WASHINGTON — Economic reports Thursday suggest employers are laying off fewer workers, businesses are ordering more computers and appliances, and consumers are spending more confidently. Combined, the latest data confirm that the economy is improving, even though too few jobs ...

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Americans boost spending heading into holidays

WASHINGTON — Americans spent at a moderate pace last month, giving the economy a boost ahead of the holidays. The Commerce Department reported Thursday that consumers increased their spending 0.4 percent in November. The gain came after shoppers ratcheted up ...

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Maryland unemployment rate in Nov. stays at 7.4%

Maryland added 2,100 jobs in November, the sixth straight month of gains but not enough to bring the state’s unemployment rate down from 7.4 percent. Maryland has now generated approximately 39,000 net jobs since January, state officials said. That’s the ...

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Consumer spending surge fuels 2011 economic optimism

WASHINGTON — A strong start to the holiday season is raising confidence that the consumer is back and that 2011 could be a better year for the economy than expected. Retail sales are rising, boosted by the best month for ...

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Obama: Tax deal could yield ‘millions of jobs’

WASHINGTON — President Barack Obama says a congressional vote on the tax-cut deal he negotiated with Republicans will determine whether the nation’s economy “moves forward or backward.” The president again pressed Congress to pass the agreement, saying it has the ...

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Jobless claims fall for second time in 3 weeks

WASHINGTON — Applications for unemployment benefits dropped last week to the second-lowest level this year, evidence that companies are cutting fewer jobs. The Labor Department says first-time claims for jobless aid fell by 17,000 to a seasonally-adjusted 421,000 in the ...

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