Unemployment

6:38am

Thu March 15, 2012
The Two-Way

Jobless Claims Fell By 15,000 Last Week

There was a 14,000 decline in the number of people filing first-time claims for unemployment insurance last week, the Employment and Training Administration just reported:

"In the week ending March 10, the advance figure for seasonally adjusted initial claims was 351,000, a decrease of 14,000 from the previous week's revised figure of 365,000. The 4-week moving average was 355,750, unchanged from the previous week's revised average of 355,750."

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2:47pm

Tue March 13, 2012
Looking Up: Pockets Of Economic Strength

Optimism Rising Along With The Number of New Jobs

Originally published on Wed March 14, 2012 8:10 pm

Economists say job growth plays a big role in how consumers are feeling about the U.S. economy.
Robert Galbraith Reuters/Landov

Part of a series

As 2011 was winding down, consumer spirits were starting to rise. Now the momentum has carried into the new year, with polls showing consumer sentiment continuing to improve.

Economists say that negative factors, such as falling home values or rising meat prices, are nowhere near as important as the growth in jobs.

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2:56am

Sat March 10, 2012
Economy

Job Trend More Than A Blip, But U.S. 'Can't Stop'

Originally published on Sat March 10, 2012 11:49 am

President Obama speaks after touring Rolls-Royce Crosspointe engineering plant in Virginia on Friday. Obama declared America "will thrive again" after another encouraging report on jobs growth.
Jewel Samad AFP/Getty Images

The American job market is still a long way from healthy, but its pulse feels a lot stronger now than it did six months ago. The Labor Department says employers added 227,000 workers to their payrolls in February, a solid — if not spectacular — performance. It continues a trend that suggests a genuine recovery, not a temporary blip.

The unemployment rate held steady at 8.3 percent, even as nearly 500,000 people joined the workforce.

Improvement in the job market is a boon for President Obama as he tries to hold onto his own job in November.

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7:17am

Fri March 9, 2012
Economy

Will Improving Economy Bring Surge Of Job Seekers?

People waited in line to get into a job fair in Independence, Ohio, in November.
Tony Dejak AP

William Johnson, a graphic designer by trade, recalls with much bitterness the long, grinding job hunt that followed his 2007 pink slip in Milwaukee.

"There were some people I emailed or called 10 or 15 times," he says. "After a few years of that, not hearing back from people ... slowly but surely I just sort of gave up."

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5:45am

Fri March 9, 2012
The Two-Way

Unemployment Rate Likely Held Steady At 8.3 Percent, Economists Say

Will more signs such as this be showing up? (Nov. 30, 2011 file photo from San Rafael, Calif.)
Justin Sullivan Getty Images

Here's what to expect at 8:30 a.m. ET when the Bureau of Labor Statistics releases its much-anticipated February jobs report, economists say:

-- "The economy probably created 210,000 jobs last month, according to a Reuters survey, following January's tally of 243,000. The unemployment rate is expected to have held at a three-year low of 8.3 percent."

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