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US Employers Sitting on Piles of Cash

US Employers Sitting on Piles of Cash

iStockphoto/Thinkstock(NEW YORK) — Based on Friday’s jobs report from the Department of Labor, the jobs market has improved in the past year, but unemployment is still way above average levels. Brian Hamilton, CEO of the financial research firm Sagewo…

Jobless Claims Fall to 332,000

Jobless Claims Fall to 332,000

Spencer Platt/Getty Images(WASHINGTON) — Jobless claims continued their downward trend in the first full week of March, falling by 10,000, according to the latest figures released Thursday by the Labor Department.For the week ending March 9, the numbe…

Unemployment Rate Drops to 7.7% as 236K Jobs Added in February

Unemployment Rate Drops to 7.7% as 236K Jobs Added in February

Tim Boyle/Getty Images(WASHINGTON) — U.S. employers added 236,000 jobs to their payrolls in February, exceeding expectations, the Labor Department reported Friday morning.Economists had anticipated seeing around 160,000 jobs added last month.The unemp…

Jobless Claims Drop to 340K Ahead of February Jobs Report

Jobless Claims Drop to 340K Ahead of February Jobs Report

Spencer Platt/Getty Images(WASHINGTON) — Jobless claims wrapped up the month of February by falling to 340,000 last week, the Labor Department reported on Thursday.For the week ending March 2, the number of people filing for benefits dropped 7,000 fro…

Jobless Claims Tumble to 344,000

Jobless Claims Tumble to 344,000

Spencer Platt/Getty Images(WASHINGTON) — Jobless claims dropped last week, falling by 22,000, according to the latest figures released Thursday by the Labor Department.For the week ending Feb. 23, the number of people filing for benefits shot down to …

Jobless Claims Fall to 341,000

Jobless Claims Fall to 341,000

Spencer Platt/Getty Images(WASHINGTON) — Jobless claims continued to fall last week, dropping by 27,000, according to the latest figures released Thursday by the Labor Department.For the week ending Feb. 9, the number of people filing for benefits tum…

Jobless Claims Dip to 366,000

Jobless Claims Dip to 366,000

Spencer Platt/Getty Images(WASHINGTON) — Claims for unemployment benefits took a slight dip last week, falling by 5,000, according to the latest figures released Thursday by the Labor Department.For the week ending Feb. 2, the number of people filing …

Jobless Claims Jump to 368,000

Jobless Claims Jump to 368,000

Spencer Platt/Getty Images(WASHINGTON) — Jobless claims shot up last week, rising by 38,000, according to the latest figures released Thursday by the Labor Department.For the week ending Jan. 26, the number of people filing for benefits jumped to 368,…

Jobless Claims Drop to Lowest Level in Five Years

Jobless Claims Drop to Lowest Level in Five Years

Spencer Platt/Getty Images(WASHINGTON) — Jobless claims continued to fall last week, dropping by 5,000 to hit the lowest level in five years, according to the latest figures released Thursday by the Labor Department.For the week ending Jan. 19, the nu…

Jobless Claims Tumble to 335,000

Jobless Claims Tumble to 335,000

Spencer Platt/Getty Images(WASHINGTON) — Jobless claims turned around in the second week of January, falling by 37,000, the Labor Department reported on Thursday.For the week ending Jan. 12, the number of people filing for benefits dropped to 335,000….

Jobless Claims Jump to 371K in First Week of 2013

Jobless Claims Jump to 371K in First Week of 2013

Spencer Platt/Getty Images(WASHINGTON) — Jobless claims rose by 4,000 last week to kick off the new year, the Labor Department reported on Thursday.For the week ending Jan. 5, the number of people filing for benefits jumped to 371,000. The previous we…

Labor Secretary Hilda Solis Steps Down

Labor Secretary Hilda Solis Steps Down

Dept of Labor(WASHINGTON) — Secretary of Labor Hilda Solis has stepped down.The first Latina to lead a federal agency, Solis joined the Obama administration back in 2009 after representing California in the House of Representatives. She said in a lett…

Unemployment Rate Stays at 7.8% as 155K Jobs Added in December

Unemployment Rate Stays at 7.8% as 155K Jobs Added in December

Tim Boyle/Getty Images(WASHINGTON) — U.S. employers added 155,000 jobs to their payrolls in December, keeping in line with expectations, the Labor Department reported Friday morning.Economists had anticipated seeing between 150,000 and 160,000 jobs ad…

Jobless Claims Rise to 372K Ahead of December Jobs Report

Jobless Claims Rise to 372K Ahead of December Jobs Report

Spencer Platt/Getty Images(WASHINGTON) — Jobless claims wrapped up the month of December increasing by 10,000 last week, according to the latest figures from the Labor Department.The agency said on Thursday that for the week ending Dec. 29, the number…

Jobless Claims Drop to 350,000

Jobless Claims Drop to 350,000

Spencer Platt/Getty Images(WASHINGTON) — Jobless claims dropped by 12,000 the week before Christmas, according to the latest report from the Labor Department.The agency said on Thursday that for the week ending Dec. 22, the number of people filing for…

Jobless Claims Jump to 361,000

Jobless Claims Jump to 361,000

Spencer Platt/Getty Images(WASHINGTON) — Jobless claims snapped their downward streak last week, jumping by 17,000, according to the latest figures from the Labor Department.On Thursday, the agency reported that for the week ending Dec. 15, the number…

Jobless Claims Fall to 343K After November Jobs Report

Jobless Claims Fall to 343K After November Jobs Report

Spencer Platt/Getty Images(WASHINGTON) — Jobless claims fell during the first week of December following a better-than-expected monthly jobs report, the Labor Department reported on Thursday.For the week ending Dec. 8, the number of people filing for …

Jobless Claims Fall to 370K Ahead of November Jobs Report

Jobless Claims Fall to 370K Ahead of November Jobs Report

Spencer Platt/Getty Images(WASHINGTON) — Jobless claims continued to fall in the final days of November, the Labor Department reported on Thursday.For the week ending Dec. 1, the number of people filing for benefits dropped by 25,000 to 370,000. …

Jobless Claims Fall to 393K Following Thanksgiving

Jobless Claims Fall to 393K Following Thanksgiving

Spencer Platt/Getty Images(WASHINGTON) — Jobless claims tumbled 23,000 during Thanksgiving week, the Labor Department reported Thursday.For the week ending Nov. 24, the number of people filing for benefits dropped to 393,000. The previous week, claims…

Jobless Claims Soar to 439,000 in Wake of Sandy

Jobless Claims Soar to 439,000 in Wake of Sandy

Spencer Platt/Getty Images(WASHINGTON) — Jobless claims sky-rocketed last week in the wake of Superstorm Sandy, the Labor Department reported Thursday.For the week ending Nov. 10, the number of people filing for benefits jumped by 78,000 to 439,000 –…

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