U.S. Jobless Claims Fall To Eight-Year Low

U.S. Jobless Claims Fall To Eight-Year Low

Washington (AFP) -- New claims for U.S. unemployment insurance benefits tumbled to an eight-year low last week, pointing to a firming labor market, according to official data rele ...

Read More »
Microsoft To Cut 18,000 Jobs In Major Reorganization

Microsoft To Cut 18,000 Jobs In Major Reorganization

New York (AFP) -- Microsoft's new chief Thursday unveiled the biggest job cuts ever at the U.S. tech giant, aiming for a new strategic direction while integrating the Nokia phone ...

Read More »
A Year Into Detroit’s Bankruptcy, Many Residents Still Feel Abandoned

A Year Into Detroit’s Bankruptcy, Many Residents Still Feel Abandoned

By Alana Semuels, Los Angeles Times DETROIT -- In the year since this city filed for bankruptcy, becoming the largest municipality ever to do so, leaders have adopted a more optim ...

Read More »
California Drought Wreaks Economic Pain

California Drought Wreaks Economic Pain

By Michael Doyle, McClatchy Washington Bureau WASHINGTON -- California's dogged drought will cost the state's economy $2.2 billion and an estimated 17,100 jobs, but consumers will ...

Read More »
Happy Days Here Again? Jobs Surge, Stocks Hit Record High

Happy Days Here Again? Jobs Surge, Stocks Hit Record High

By Kevin G. Hall, McClatchy Washington Bureau WASHINGTON -- Job growth surged in June, capping the best first half since 1999, driving blue chip stocks to a record high, and leadi ...

Read More »
Job Growth Is Robust In June; Unemployment Rate Falls To 6.1 Percent

Job Growth Is Robust In June; Unemployment Rate Falls To 6.1 Percent

By Don Lee, Tribune Washington Bureau WASHINGTON -- U.S. employers added a robust 288,000 jobs last month and the unemployment rate fell to a six-year low of 6.1 percent, the gove ...

Read More »
Private Sector Adds Surprisingly Strong 281,000 Jobs in June, ADP Says

Private Sector Adds Surprisingly Strong 281,000 Jobs in June, ADP Says

By Jim Puzzanghera, Los Angeles Times WASHINGTON -- Private employers added a surprisingly strong 281,000 net new jobs in June, the most since late 2012, payroll firm Automatic Da ...

Read More »
U.S. Weekly Jobless Claims Little-Changed

U.S. Weekly Jobless Claims Little-Changed

Washington (AFP) - New U.S. claims for unemployment insurance benefits were little-changed last week from the previous period, suggesting still only modest tightening in the jobs ...

Read More »
U.S. Economy Contracts A Steep 2.9 Percent In First Quarter

U.S. Economy Contracts A Steep 2.9 Percent In First Quarter

Washington (AFP) - The U.S. economy shrank much more than previously estimated in the first quarter, in the sharpest contraction in five years, the Commerce Department said Wednes ...

Read More »
U.S. Jobless Claims Fall

U.S. Jobless Claims Fall

Washington (AFP) - New U.S. claims for unemployment insurance benefits fell last week, continuing to point to a downward trend in job losses, official data released Thursday showe ...

Read More »
scroll to top