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Tag Archives: Unemployment

US stocks slip after unemployment claims rise; tech slumps


NEW YORK (AP) — U.S. stocks are slipping Thursday morning after a surprising jump in the number of Americans who are out of work. Retailers got more bad news as department store Kohl’s reported disappointing first-quarter results. Companies including agribusiness giant Monsanto are climbing on reports of possible buyouts. KEEPING SCORE: The Dow Jones industrial average lost 47 points, or ...

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AP Poll: Social Security, joblessness top economic concerns

Social Security, joblessness top economic concerns

WASHINGTON (AP) — Finally, something that polarized Americans can agree on. Ask people what economic issues will be important for the next president, and Democrats, Republicans and independents alike all put a high priority on protecting Social Security and reducing unemployment. Beyond that, though, their lists of top economic concerns for the next president are more fractured, according to a ...

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Hiring rises in 36 US states in December

FILE - In this Tuesday, Oct. 6, 2015, file photo, job applicants fill out forms during a job fair at Dolphin Mall in Miami. On Tuesday, Jan. 26, 2016, the Labor Department reports on state unemployment rates for December 2015. (AP Photo/Wilfredo Lee, File)

WASHINGTON — Employers added jobs in 36 states last month, led by big gains in California, Texas and Florida, evidence that hiring remains solid nationwide. Low oil prices caused job losses in energy-rich states. THE NUMBERS: The widespread hiring helped push down unemployment rates in 25 states in December, with the sharpest drops occurring in Missouri and Oregon. The unemployment ...

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Signs of steady US economy: Rising pay and solid job market

WASHINGTON — Americans’ pay is up, fewer people need unemployment aid, more are buying new homes and business spending is rebounding. A flurry of data released Wednesday signaled that the fundamentals of the U.S. economy remain solid, if unspectacular, three weeks before the Federal Reserve will likely begin raising interest rates. Consumers appear relatively confident in the economy and may ...

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U.S. jobs data to hold key to Fed’s rate plans

FRANKFURT – U.S. jobs data due in the coming week may hold the key to whether the Federal Reserve will raise interest rates for the first time since 2006 in December, signalling its intention to end an era of almost-free dollars. An increase in Fed rates would have consequences well beyond U.S. borders, increasing borrowing costs for dollar debtors in ...

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Central Ohio’s jobless rate ticks up to 3.7 percent

Back-to-school hiring by public schools and universities trumped cuts across a broad swath of private industries to slightly boost hiring in central Ohio last month. The region added 2,800 jobs in September, according to an Ohio Department of Job and Family Services report released on Tuesday. Despite the job gains, central Ohio’s unemployment rate edged up to 3.7 percent from ...

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Local jobless rate holds steady in August

Unemployment among residents of the Scranton/Wilkes-Barre area held steady in August at 6.3 percent, according to data released Tuesday by the state Department of Labor & Industry. The metro area had the third-highest jobless rate among the state’s 18 metro areas. State College enjoyed the lowest unemployment rate at 3.7 while Johnstown was the highest at 6.8 percent followed by ...

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