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job market

Dec 28, 2016

What 2017 may mean for your finances

It’s been a tumultuous 2016 — both financially and politically. The year may have left some people wondering, what’s next? And, how will it affect me? Lacking a crystal ball, we asked a few economic experts what they think 2017 may hold in store for Americans’ personal finances. Here’s their take on what to expect […]

Nov 21, 2014

Small businesses scramble to keep top staffers

NEW YORK — People are quitting their jobs at a faster clip and that’s pushing small business owners to work harder to hold onto top talent. Dance studio owner Andrea Bisconti has experienced the challenge firsthand. When Kellie Love, an instructor there, said she was planning to leave to start a business of her own, […]

Oct 2, 2014

5 mysteries of US job market

WASHINGTON — Just how healthy is the U.S. job market? Despite steady hiring and falling unemployment, the question has provoked sharp debate and considerable uncertainty on the eve of the September jobs report. Will millions without jobs who aren’t looking for one eventually start looking? Why aren’t companies filling more of their openings? Why can […]

Apr 7, 2014

5 signs US job market may finally be accelerating

WASHINGTON — Few people responded to the March jobs report with high-fives and cheers. But there may be reasons to applaud in the months ahead. Hiring in March was close to the economic recovery’s steady but hardly explosive monthly average of the past two years: 192,000 added jobs. The unemployment rate remained 6.7 percent for […]

Mar 31, 2014

Yellen: Job market needs low rates ‘for some time’

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen made clear Monday that she thinks the still-subpar U.S. job market will continue to need the help of low interest rates “for some time.” Yellen’s remarks signaled that even after the Fed phases out its monthly bond purchases later this year, it has no plans to raise […]

Dec 13, 2012

Weekly US jobless aid applications drop to 343K

WASHINGTON — The number of Americans seeking unemployment benefits fell sharply for a fourth straight week, a sign that the job market may be improving. The Labor Department said Thursday that weekly applications for unemployment benefits fell 29,000 last week to a seasonally adjusted 343,000, the lowest in two months. It is the second-lowest total […]

Mar 26, 2012

Bernanke calls job market weak despite gains

WASHINGTON — Chairman Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve’s existing policies will help boost economic growth. Bernanke’s comments Monday to a group of economists in Arlington, Va., drove stocks higher. Many took his cautious words about the economy to mean the […]

Mar 15, 2012

Fewer seek unemployment aid, tying a 4-year low

WASHINGTON — Fewer people sought U.S. unemployment benefits last week, adding to signs that the job market is strengthening. And in another reassuring sign for the economy, wholesale inflation remains mild outside of higher gas prices. Applications for unemployment aid dropped 14,000 to a seasonally adjusted 351,000, the Labor Department said Thursday. That matches a […]

Mar 9, 2012

Unemployment apps hover near low levels

WASHINGTON — Slightly more Americans applied for unemployment benefits last week. But the overall level stayed low enough to suggest the job market is strengthening. The Labor Department said Thursday that weekly applications increased by 8,000 to a seasonally adjusted 362,000. The four-week average, which smooths week-to-week fluctuations, remained at roughly 355,000. That’s essentially uncha[...]

Dec 15, 2011

Job market brightens as unemployment claims sink

WASHINGTON — The outlook for the job market is looking brighter. Far fewer people are seeking unemployment benefits than just three months ago — a sign that layoffs are falling sharply. The number of people applying for benefits fell last week to 366,000, the fewest since May 2008. If the number stayed that low consistently, […]

Nov 7, 2011

Job market improves modestly as unemployment falls

WASHINGTON — The American job market improved modestly in October, and economists looking deeper into the numbers found reasons for optimism — or at least what counts for optimism in this agonizingly slow economic recovery. The nation added 80,000 jobs. That was fewer than the 100,000 that economists expected, but it was the 13th consecutive […]

Aug 8, 2011

Congress has a shot at passing jobs-creating bills

WASHINGTON — When Congress gets back to work after Labor Day it will have the chance to achieve something that has largely eluded it for the entire year, passing legislation that might actually create jobs.

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