labor department
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Don’t Laud the Jobless Drop

Dec 4, 2011
November’s dip in the official unemployment rate is nothing to clap about. Scrutiny of the details reveals that the new figure of 8.6 percent is due mostly to 315,000 Americans dropping out of the search for work, and most of the newly created positions were low-paying ones. That includes temporary jobs created to support the spike in commerce that comes with the holiday season. (more)

First-Time Jobless Claims Jump Again

Feb 5, 2010
Another indicator that Congress needs to get to work on the country's pressing unemployment problem came in the form of a Labor Department report showing a spike in the number of first-time filers for unemployment benefits last week, according to The Associated Press.

U.S. Jobless Claims Drop

Dec 31, 2009
The Labor Department announced Thursday that fewer Americans than anticipated have filed unemployment benefit claims this month, potentially pointing to a less substantial unemployment population and maybe, just maybe, better economic growth in 2010.

November Surprise: Job Loss Eases

Dec 4, 2009
In a sign that the U.S. economy's two-year job-molting cycle might be coming to an end, the Labor Department reported Friday that just 11,000 American jobs were lost in November and that the unemployment rate had fallen back to 10 percent.

Jobs Report Indicates Economic Cool Down

Jun 2, 2006
Weak employment gains in May (only 75,000 net new jobs) may be a sign of a faltering economy. According to NYT: "Anything below about 150,000 net new jobs a month is regarded as too slow to keep up with population growth, so in effect, workers are losing ground." (story | job report)