U.S. Department of Labor

11:30am

Fri June 1, 2012
It's All Politics

May Jobless Report Keeps Obama On Defensive, Aids Romney's Offense

Originally published on Fri June 1, 2012 1:04 pm

Military veterans Kris Hummel (l) and Shane Foley, speak with a TSA representative at a May 15, 2012 job fair in Utica, NY.
Spencer Platt Getty Images

How to convince voters that while the economy isn't roaring, the situation is still improving?

That's President Obama's challenge, made more difficult with every passing month where the jobs report disappoints, as on Friday. The latest Labor Department report informed us that only 69,000 jobs were created in May, less than half what analysts had forecast. Meanwhile, the jobless rate ticked up a tenth of a percentage point to 8.2 percent.

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4:25am

Mon May 28, 2012

6:44am

Thu May 24, 2012
The Two-Way

Jobless Claims Dip; Orders For Durable Goods Are Soft

The number of first-time claims for jobless benefits dipped slightly last week, to 370,000 from 372,000 the week before, the Employment and Training Administration reports.

The 4-week moving average for claims — which economists say gives a better picture of the trend — was also 370,000, down by 5,500.

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10:38am

Tue May 8, 2012
The Two-Way

Labor Department: Employers Advertising More Jobs

Another piece of data to fit into a confusing employment jigsaw puzzle: this time, it's advertising for new jobs – U.S. companies in March posted the highest number of those in four years.

The Labor Department says some 3.74 million job openings were advertised for the month, the most since July 2008, about six months after the recession officially began but still just ahead of the financial meltdown.

What does it mean?

If you're an optimist, it means employers are feeling a bit more "robust" about the economy and want to add workers.

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6:38am

Thu May 3, 2012

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