07/31/14 04:00 PM
HARTFORD, Conn. (AP) — Nearly 100,000 employers in Connecticut are about to get sticker shock as the state mails annual tax bills to pay interest on its $433 million federal loan for unemployment benefits for workers let go during the Great Recession. The so-called special assessment being...
07/31/14 09:45 AM
WASHINGTON (AP) — More people sought U.S. unemployment benefits last week, but jobless claims remain at pre-recession levels. Weekly applications for unemployment aid rose 23,000 to a seasonally adjusted 302,000, the Labor Department said Thursday. The prior week's claims were revised down to...
07/29/14 08:30 AM
WASHINGTON (AP) — Despite some good news, Medicare and Social Security still face long-term financial problems as millions of baby boomers reach retirement. Social Security's disability program is already in crisis as it edges toward the brink of insolvency. Getting relief from a slowdown in...
By Joseph Lawler | 07/28/14 07:46 AM
For perspective, if the Fed were allowed to buy stocks, at current prices it could have bought Apple, Google and Microsoft for that sum -- with General Motors and Ford thrown into the mix, with $44 billion left over.
07/26/14 05:00 AM
ROCKFORD, Ill. (AP) — A northern Illinois county may put a freeze on all hiring to address a $2.5 million budget shortfall. The Rockford Register Star reports (http://bit.ly/1pm0Qke ) Winnebago County officials are considering the cost-saving measure as they draft a spending plan for the fiscal...
By Joseph Lawler | 07/25/14 12:58 PM
There's new evidence that the huge number of Americans counted as long-term unemployed has been dropping in recent months because those people have been finding jobs, not because they've given up looking.
07/24/14 03:45 PM
WASHINGTON (AP) — The risk of losing your job is getting smaller and smaller. As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers. Which is why applications for unemployment benefits have dwindled to their lowest level...
07/24/14 09:46 AM
WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits fell last week to its lowest level in eight years. The Labor Department says weekly applications for unemployment aid dropped 19,000 to a seasonally adjusted 284,000. That's the lowest reading since February 2006, nearly...
07/20/14 09:45 AM
TALLAHASSEE, Fla. (AP) — Florida Gov. Rick Scott is pledging to permanently eliminate manufacturing equipment sales taxes and create new incentives to encourage more science and engineering graduates. Scott plans to highlight his "Jobs for the Next Generation" proposals during campaign stops...
07/17/14 10:15 PM
WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits fell last week, a steady decline that suggests a strengthening job market. Weekly applications for unemployment aid dipped 3,000 to a seasonally adjusted 302,000, the Labor Department said Thursday. The four-week...
07/17/14 05:30 PM
CHAMPAIGN, Ill. (AP) — Illinois' unemployment rate fell to 7.1 percent in June, driven to its lowest level since October 2008 by a fourth straight month of improvement, the state Department of Employment Security said Thursday. The monthly unemployment report showed evidence of potential...
07/16/14 05:01 AM
FRANKFORT, Ky. (AP) — Kentucky is getting more than $6 million from the federal government to help people who have been out of work for a long time. Gov. Steve Beshear's office says the Job-Driven National Emergency Grant from the U.S. Labor Department will be used to create and expand...
By Christopher S. Rugaber | 07/10/14 07:57 AM
Weekly applications for unemployment aid dropped 11,000 to a seasonally adjusted 304,000, the Labor Department said Thursday. That's not far from a reading of 298,000 two months ago, which was the lowest since 2007, before the Great Recession began.
By Becket Adams | 07/09/14 04:45 PM
Long-term unemployment in the U.S. fell 293,000 in June to 3.1 million, the U.S. Bureau of Labor Statistics reported this month.
By Joseph Lawler | 07/08/14 11:16 AM
Analysts had expected that the number of job openings for May would settle back down after a boom of nearly 10 percent in April. Instead, they rose again, from 4.5 to 4.6 million, according to the BLS' Job Openings and Labor Turnover Survey (JOLTS).
By Paul Bedard | 07/30/14
By Associated Press | 07/31/14
By Byron York | 07/31/14
By Ashe Schow | 07/31/14