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Tag Archives: workers

Productivity rises as employers cut back on hiring

WASHINGTON — U.S. companies got more output from their workers this spring than initially thought. Productivity rose at a modest 2.2 percent annual rate in the April-June quarter, largely because employers cut back sharply on hiring. Most economists expect productivity ...

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Applications for unemployment aid up slightly

WASHINGTON — The number of people seeking unemployment benefits rose a slight 4,000 last week to a seasonally adjusted 372,000, evidence that the job market’s recovery remains modest and uneven. The Labor Department said Thursday that the four-week average, a ...

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Unemployment aid applications up by only 2,000

WASHINGTON — The number of Americans applying for unemployment benefits edged up slightly last week but remained at a level consistent with modest gains in hiring. Unemployment benefit applications rose by 2,000 to a seasonally adjusted 366,000, the Labor Department ...

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