A fresh batch of data show that the job market may finally have turned the corner despite last month’s uptick in the national unemployment rate to 9.6%. Among them: Fewer initial claims for unemployment and a smallest monthly l…
A fresh batch of data show that the job market may finally have turned the corner despite last month’s uptick in the national unemployment rate to 9.6%. Among them: Fewer initial claims for unemployment and a smallest monthly l…
He’s staying on the offense, accusing Republicans of dragging their feet in Congress just as the economy needs another boost. The president said he hopes his new small-business jobs bill will pass as soon as next week.
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Workers who managed to keep their jobs are unhappy, too — exhausted, underpaid, and treated badly by their bosses, but afraid to speak up. Now, as the job market improves, they are looking for new jobs.
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Initial claims unexpectedly plunged 27,000 to 451,000, the U.S. Labor Department says. That’s a long shot better than what a Bloomberg survey had forecast: It found initial jobless claims would dip to 470,000.
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