Economy / Tags / Unemployment

ECONOMY Mon Mar 9, 2009 @ 6:01pm neoform

biz.yahoo.com -- OMAHA, Neb. (AP) -- Billionaire Warren Buffett remains confident that America's best days are ahead, but he says the nation likely will face higher unemployment and eventually inflation because of the current economic crisis. Buffett said the nation's lea.. Read More

ECONOMY Sun Mar 8, 2009 @ 9:00am neoform

biz.yahoo.com -- WASHINGTON (AP) -- Factory jobs disappeared. Inflation soared. Unemployment climbed to alarming levels. The hungry lined up at soup kitchens. It wasn't the Great Depression. It was the 1981-82 recession, widely considered America's worst since the depres.. Read More

ECONOMY Sat Mar 7, 2009 @ 12:01pm neoform

biz.yahoo.com -- Unemployment soared to a 25-year high in February and employers shed more than 600,000 jobs for a third straight month, the government said Friday, as the recession showed no sign of easing. The U.S. lost 651,000 jobs last month, the Labor Department sai.. Read More

ECONOMY Fri Mar 6, 2009 @ 6:01pm neoform

biz.yahoo.com -- NEW YORK (AP) -- Treasury prices fell Friday as stocks avoided the selloffs seen earlier in the week and as an unemployment report wasn't as bad as some had forecast. Investors sold Treasurys as the stock market initially jumped after the Labor Departmen.. Read More

ECONOMY Fri Mar 6, 2009 @ 3:02pm neoform

biz.yahoo.com -- INDIANAPOLIS (AP) -- Indiana's unemployment rate rose to 9.2 percent in January, the highest monthly mark recorded in the state since the recession of the early 1980s. State officials blamed the jobless numbers released Friday on several factors, includi.. Read More

ECONOMY Fri Mar 6, 2009 @ 9:01am neoform

biz.yahoo.com -- WASHINGTON (Reuters) - U.S. employers axed 651,000 jobs in February, pushing the unemployment rate to its highest in 25 years, as companies buckled under the strain of a recession that is showing no signs of ending, according to a government report. Whil.. Read More

ECONOMY Fri Mar 6, 2009 @ 9:01am neoform

biz.yahoo.com -- The U.S. economy continued to hemorrhage jobs in February, bringing total job losses over the last six months to more than 3.3 million, and taking the unemployment rate to its highest level in 25 years. The government reported Friday that employers slash.. Read More

ECONOMY Fri Mar 6, 2009 @ 9:01am neoform

biz.yahoo.com -- WASHINGTON (Reuters) - U.S. employers axed 651,000 jobs in February, pushing the unemployment rate to its highest in 25 years, as companies buckled under the strain of a recession that is showing no signs of ending, according to a government report. Whil.. Read More

ECONOMY Fri Mar 6, 2009 @ 9:00am neoform

biz.yahoo.com -- WASHINGTON (AP) -- The nation's unemployment rate bolted to 8.1 percent in February, the highest since late 1983, as cost-cutting employers slashed 651,000 jobs amid a deepening recession. Both figures were worse than analysts expected and the Labor Depa.. Read More

ECONOMY Thu Mar 5, 2009 @ 3:03pm neoform

biz.yahoo.com -- It's no secret that the job market is bad. The Labor Department will release its latest jobs report Friday. Economists surveyed by Briefing.com forecast that the unemployment rate rose to 7.9% in February and that 650,000 jobs were lost. Still, as bad a.. Read More

ECONOMY Thu Mar 5, 2009 @ 3:02pm neoform

biz.yahoo.com -- CHICAGO (AP) -- Some Americans are learning a jarring lesson about unemployment as they prepare their tax returns. At a time when the newly laid-off are swelling unemployment rolls to record numbers, the painful surprise for many is that jobless benefits.. Read More

ECONOMY Tue Mar 3, 2009 @ 6:01pm neoform

biz.yahoo.com -- INDIANAPOLIS (AP) -- A top state senator is developing a proposal for fixing Indiana's bankrupt unemployment insurance fund that he said Tuesday is likely to include higher taxes on employers and cutting benefits paid out to the jobless. Republican Sen... Read More

ECONOMY Fri Feb 27, 2009 @ 3:01pm neoform

biz.yahoo.com -- SACRAMENTO (AP) -- California's unemployment rate jumped to 10.1 percent in January, the state's first double-digit jobless reading in a quarter-century. The jobless rate announced Friday by the state Employment Development Department represents an incre.. Read More

ECONOMY Thu Feb 26, 2009 @ 12:01pm neoform

biz.yahoo.com -- WASHINGTON (AP) -- New jobless claims rose more than expected last week and the number of Americans continuing to receive unemployment benefits has topped 5.1 million, fresh evidence the recession is increasingly forcing employers to shed jobs. The Labor.. Read More

ECONOMY Thu Feb 26, 2009 @ 9:00am neoform

biz.yahoo.com -- WASHINGTON (AP) -- New jobless claims rose more than expected last week and the number of laid-off Americans continuing to receive unemployment benefits topped 5.1 million, fresh evidence the recession is increasingly forcing employers to shed jobs. The.. Read More

ECONOMY Thu Feb 19, 2009 @ 12:01pm neoform

biz.yahoo.com -- By Lucia Mutikani WASHINGTON (Reuters) - The number of U.S. workers drawing unemployment aid jumped to a record high in early February, according to data on Thursday that highlighted the deterioration in the labor market as a 13-month recession deepened... Read More

ECONOMY Thu Feb 19, 2009 @ 9:01am neoform

biz.yahoo.com -- NEW YORK (AP) -- Wall Street was poised for a higher opening Thursday as investors brushed off worse-than-expected unemployment data and a larger-than-expected jump in wholesale prices. The Labor Department said initial jobless benefit claims totaled 627.. Read More

ECONOMY Thu Feb 19, 2009 @ 9:00am neoform

biz.yahoo.com -- WASHINGTON (AP) -- The number of unemployed workers receiving unemployment benefits jumped to an all-time high near 5 million earlier this month, while new jobless claims remain well above 600,000. Both figures were worse than expected and new projections.. Read More

ECONOMY Wed Feb 18, 2009 @ 3:03pm neoform

biz.yahoo.com -- WASHINGTON (AP) -- The Federal Reserve on Wednesday sharply downgraded its projections for the United States' economic performance this year, predicting the economy will actually shrink and unemployment will rise higher. Under the new projections, the un.. Read More

ECONOMY Sun Feb 15, 2009 @ 9:00am neoform

biz.yahoo.com -- MOSCOW (AP) -- President Dmitry Medvedev has reassured Russians that steps will be taken to fight rising unemployment as the country prepares for a prolonged economic slowdown. Medvedev has announced that the government is developing programs to create j.. Read More