Posts tagged "jobless claims"

Have Unemployment Benefits Turned into Unemployment Welfare?

Have Unemployment Benefits Turned into Unemployment Welfare?
The U.S. unemployment rate remains at 7.8% with a record number of people still receiving benefits under regular state programs after initial aid increased 87,000 to 3.21 million in the week ending January. Though generally supportive of unemployment benefits, the U.S. Labor Department to taking notice of those on long term unemployment benefits, concerned about... Read more »

Romney or Obama: Who is the Better President for Job Creation?

Romney or Obama: Who is the Better President for Job Creation?
The November election is heating up with much at stake for the United States future. Presidential hopeful and republication candidate Mitt Romney has chosen Wisconsin Congressman Paul Ryan to be his VP running mate. Will this ticket be the right choice for job creation? Or will our current President Obama be the one who leads... Read more »

Recent Jobless Claims Report: The Good, the Bad & the Ugly

Recent Jobless Claims Report: The Good, the Bad & the Ugly
The good news is in today’s jobless claims report is that the number of people still receiving benefits under regular State programs fell drastically to 68,000 in the week ending 4/16 to 3.64 million people.  This is the lowest level since September, 2008.   The bad news is that claims for unemployment benefits rose last... Read more »
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Job Seekers Drop Out of Job Search in December: Long Road for the Unemployed

Job Seekers Drop Out of Job Search in December: Long Road for the Unemployed
The national jobless rate for December dropped to 9.4% from 9.8% the previous month.  Unfortunately, the decline in jobless claims only dropped because 260,000 American job seekers stopped looking for employment last month.  December was the 20th month in a row that the unemployment has been above 9%, which is a post World War II... Read more »

Weekly Jobless Claims Up 13,000, Dollar falls and Gold Continues to Rise

Weekly Jobless Claims Up 13,000, Dollar falls and Gold Continues to Rise
Ben Bernake The weekly jobless claims for the week ending October 8th rose by 13,000 to 462,000. Economists had expected the number to fall 443,000. Our economy is still bleeding jobs at a record pace with little sign that companies will be hiring with any urgency, soon.  The continuing claims fell by 112,000 to 4.4... Read more »

Stocks Rally: Double-Dip Recession Unlikely

Stocks Rally:  Double-Dip Recession Unlikely
Most economic analysts have lowered their prediction of a double-dip recession to 20% likely of having one; at least for now.  With the economy trickling toward a recovery, like a drippy facet in your kitchen sink, it’s anyone’s guess whether we will sink into another recession.  Economists appear to be “holding their breath” as they... Read more »
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The Recession Ended in June, 2009: Really?

The Recession Ended in June, 2009: Really?
Jobs, what jobs? The latest report says that our current recession officially ended last June!  The economic analysts need to get in touch with what is really happening in our economy instead of measuring a recovery based on a chart! So how come it doesn’t feel like we are in a recovery?    I haven’t... Read more »

It's time to move to North Dakota for a job: 3.1% Unemployment is the lowest in U.S.

Fargo, North Dakota Take out your parkas! We may have to move to North Dakota for employment! At 3.1 % North Dakota has the lowest unemployment rate in the country as of April, 2010. With Illinois unemployment hovering at 10.8% it seems that job hunters should check out what job opportunities are available in this... Read more »

Jobless Claims Largest in (3) Months: Finding a Job is full time work

The job losses continue as our stock portfolio’s take a hit. The latest jobless claims number for last week ending May 15, came out today with a surprise increase in claims: the largest in three months.  The Labor department said in its weekly report that jobless claims rose by 25,000 to 471,000. This information makes... Read more »
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