Initial jobless claims unexpectedly rose 13,000 to 462,000, but continuing claims plunged another 112,000 to 4.4 million, the Labor Department announced Thursday. Some of the decline in continuing claims comes from people who have exhausted their benef…
When DailyFinance first met Candido Gonzalez last December for our “New Homeless” report, the New Yorker had been laid off for two years from his job of 19 years — and living at the Bowery Mission. Today, the father of two fin…
The economy lost 95,000 jobs in September, because the private sector hired only 64,000 workers while governments cut 159,000. The jobless rate remains 9.6%. Minus the usual boosts from housing and consumers, the U.S. still lac…
The sector specializing in short-term and freelance jobs has taken on a split personality of sorts. Demand for contractors is ticking upward, but pay rates are going the other way.
Continue reading Freelancers …
Initial jobless claims fell to a two-month low of 450,000, confounding analyst expectations.
Jobless claims dipped 3,000 in the week ending Sept. 11, the Department of Labor said. The revised figure for the previous week was 453,000.
Analysts polled by Reuters forecast claims rising to 460,000.
“The labor market is slowly getting back on track,” Ryan Sweet, a senior economist at…
Continue reading Jobless Claims Fall to Two-Month Low
Jobless Claims Fall to Two-Month Low originally appeared on DailyFinance on Thu, 16 Sep 2010 08:37:00.