Pharmaceutical and Biotech Jobs Keep Disappearing

Companies that develop medicines have been bleeding jobs in the last few months, with three — Biogen Idec, Charles River Laboratories and NicOx — announcing about 1,000 new workforce cuts this week. When will the bleeding sto…

Initial Jobless Claims Jump 20,000 to 457,000

In another setback on employment, initial jobless claims jumped a larger than anticipated 20,000 to 457,000, the Labor Department announced Thursday. Economists had predicted initial jobless claims would total 443,000.
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Initial Jobless Claims Tumble to Lowest Level Since July

America’s bedraggled labor market got a boost today with the latest weekly initial jobless claims unexpectedly plunging 21,000 to 434,000. The four-week moving average also fell. While it’s only one week’s data, the report is a…

Jobless Claims Drop to a Three-Month Low

Initial jobless claims unexpectedly fell to a three-month low.

Claims dropped 21,000 to 434,000 in the week ending Oct. 23, The Department of Labor said.

The revised figure for the previous week was 455,000.

A survey of analysts by Reuters predic…

Jobless Claims Drop to a Three-Month Low

Initial jobless claims unexpectedly fell to a three-month low.

Claims dropped 21,000 to 434,000 in the week ending Oct. 23, The Department of Labor said.

The revised figure for the previous week was 455,000.

A survey of analysts by Reuters predic…