Jobs
Jobs Articles
You just have to love the stock market and its schizophrenic behavior around the payrolls reports from the U.S. Department of Labor.
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For the week ending September 26, seasonally adjusted initial jobless claims were up by 10,000 from the prior week to 277,000.
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The U.S. economy now has seen about seven straight months in which weekly jobless claims have come in under 300,000.
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The College Score Card site, a U.S. Department of Education program, divides colleges and universities based on degrees, location and size.
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Some investors will wonder if the Labor Day weekend played any role in the drop in weekly jobless claims.
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The Bureau of Labor Statistics (BLS) has released its Job Openings and Labor Turnover Summary (JOLTS) for the month of July.
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Among the groups that continue to have a high unemployment rate is black Americans, where the rate has lingered around 9% for many months.
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The August unemployment rate fell from 5.3% in July to 5.1%, its lowest level in seven years.
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New claims for unemployment benefits rose by 12,000 in the week ending August 29, according to the weekly report from the U.S. Department of Labor released Thursday morning.
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Wednesday morning, TrimTabs estimated that the U.S. economy added some 241,000 jobs during August.
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The ADP National Employment Report is often used as a preliminary barometer for the BLS unemployment and payrolls report.
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The U.S. Department of Labor reported that weekly jobless claims fell by 6,000 to 271,000 in the past week.
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Several states have maintained unemployment rates much closer to what the higher national number was two years ago.
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Jobless claims rose 4,000 last week to 277,000. This is the fourth straight week with claims ticking higher, but it is still at very low historic levels.
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Despite a one-month lag, the JOLTS report gives a very clear and concise insider's eye view of the real workings inside the jobs market.
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