unemployment – News Stories About unemployment - Page 24

MARKETS

Jan 8, 2010 3:15 PM CST

Dow Up 11 Despite Jobs Report

Stocks make gains for first trading week of 2010

(Newser) - Stocks spent most of the day down modestly but pulled up sharply at the close, as traders proved relatively unmoved by disappointing December unemployment figures, the Wall Street Journal reports.

The Dow rose 11.33 points to close at 10,618.19.
The Nasdaq added 17.12, closing at 2,

...

1 in 5 US Men Unemployed

Jan 8, 2010 12:17 PM CST

1 in 5 US Men Unemployed

Recession has been especially hard on traditionally male jobs

(Newser) - Male unemployment has hit an all-time high, with a whopping 1 of every 5 working-age American men jobless, according to the latest government figures. The economic downturn has been especially brutal on traditionally male-dominated fields like construction and manufacturing, the Huffington Post explains, leading some to label it a “...

Unemployment Stays at 10%

Jan 8, 2010 7:42 AM CST

Unemployment Stays at 10%

Employers cut 85,000 jobs in December, more than expected

(Newser) - The economy lost more jobs in December and the unemployment rate was unchanged, signs that a sluggish economic recovery has yet to revive hiring. The Labor Department says employers cut 85,000 jobs last month, worse than the 8,000 drop analysts expected. A sharp drop in the labor force,...

Your Won't Keep
Those Resolutions:
Try These Instead

NEW YEAR'S

Dec 31, 2009 11:00 AM CST

Your Won't Keep Those Resolutions: Try These Instead

Don't quit smoking, start e-smoking, and other easy outs

(Newser) - Gawker knows you can’t keep those virtuous New Year’s resolutions, so it’s come up with some substitutions. They won’t make you “a better person,” but are at least achievable. Herewith, from Brian Boylan:

Lose weight: That's too hard; "we live in a

...

10 Best Cities to Get a Job

Dec 30, 2009 11:44 AM CST

10 Best Cities to Get a Job

DC tops search engine's list

(Newser) - Washington, DC is the easiest city in the country to land a job, says job-search site Juju.com, which ranked cities by comparing the Bureau of Labor Statistics’ figures on unemployed workers to the number of job postings on Juju itself. The site finds 1.87 “unemployed individuals per...

Jobless Kids
Need Tough Love,
not Coddling

Don't do their laundry

Dec 29, 2009 10:17 AM CST

Jobless Kids Need Tough Love, not Coddling

Parents shouldn't let them get too comfortable at home

(Newser) - Parents who want their adult kids to take job-hunting seriously shouldn't make things too comfortable for them at home, the British government warns. In the UK, the graduate unemployment rate is the highest it's been in 12 years, and a quarter of men 25 to 29 live at home, the...

Indexes Hit 2009 Highs;
Dow Closes Up 54

MARKETS

Dec 24, 2009 12:20 PM CST

Indexes Hit 2009 Highs; Dow Closes Up 54

Jobless numbers, metals sector spark wide rally

(Newser) - The major stock exchanges hit highs for the year today as traders reacted positively to news that new jobless claims grew less than projected. Health care was the only sector showing broad losses, a reaction to the Senate's passage of the health care bill, the Wall Street Journal reports.

The

...

How Republicans Won
the Economy Argument

opinion

Dec 23, 2009 1:53 PM CST

How Republicans Won the Economy Argument

For starters, wrongly blame Obama for unemployment

(Newser) - Republicans have won the political argument over the economy with a "nifty" two-step strategy, writes Jonathan Chait. First, blame President Obama for unemployment by focusing on the simple—make that simplistic—fact that more people are out of work now than when he took office. Second, beat him up...

Unemployment Programs Going Bust in 40 States

Dec 22, 2009 7:51 AM CST

Unemployment Programs Going Bust in 40 States

States face raising taxes or slashing benefits

(Newser) - The combination of high unemployment and bad planning means that the jobless compensation programs of all but 10 states are on course to go broke by 2011. Some 25 states are already borrowing federal money to issue benefit checks. State lawmakers are coming under intense pressure to either shrink payments...

Temp Hiring Is on the Rise

Dec 21, 2009 5:58 AM CST

Temp Hiring Is on the Rise

Employers show confidence, but hedged with caution

(Newser) - With the economy on an upswing, employers are feeling a tad more confident—enough to bring on more temporary workers, who can easily be let go if things go south again. Temp hiring has risen for 4 months—longer than the aftermath of previous recessions, when employers started hiring permanent...

House Narrowly OKs $174B Job-Focused Stimulus Bill

Dec 16, 2009 6:39 PM CST

House Narrowly OKs $174B Job-Focused Stimulus Bill

Irate GOP calls measure 'son of stimulus'

(Newser) - President Obama's Democratic allies in the House have muscled through a year-end measure—with a price tag of $174 billion—aimed at creating jobs through a second round of stimulus spending. The 217-212 vote reflected considerable uneasiness among Democrats over the prospect of voting for more debt-financed spending as the...

Poll Lays Bare Jobless Toll
on Families

Dec 15, 2009 9:33 AM CST

Poll Lays Bare Jobless Toll on Families

Parents are panicked and ashamed, kids are anxious as savings go

(Newser) - Unemployment is taking an alarming toll on the mental health and family life of American workers, a New York Times / CBS poll finds. Some 86% say unemployment has caused a life crisis. Almost half say they've suffered from anxiety and depression, they've argued more with their family and friends...

Illinois Prison Will
Take Gitmo Inmates

UPDATED

Dec 15, 2009 6:43 AM CST

Illinois Prison Will Take Gitmo Inmates

Prison nearly empty, unemployment brutal in rural Thomson

(Newser) - A nearly vacant prison in a western Illinois town where unemployment is over 10% will be the new home of as many as 100 current Guantanamo Bay detainees. An announcement of the president's decision to acquire the 8-year-old jail is expected today, the Chicago Tribune reports. Gov. Pat Quinn and...

Dow Up 69 After Jobs Data

MARKETS

Dec 10, 2009 3:16 PM CST

Dow Up 69 After Jobs Data

Oil hits $70.47, a 2-month low

(Newser) - Stocks posted solid gains today following a weekly jobs report that showed a boost in initial unemployment filings but a fall in the number of claims lasting longer than 1 week, the Wall Street Journal reports.

The Dow rose 68.78 points to close at 10,405.83.
The Nasdaq

...

Let Entrepreneurs,
Not Uncle Sam
Create Jobs

OPINION

Dec 10, 2009 1:51 AM CST

Let Entrepreneurs, Not Uncle Sam Create Jobs

Obama jobs plan will turn the US into France

(Newser) - President Obama paid lip service to America's spirit of entrepreneurship in his jobs proposals this week, but his policies will turn the US into France instead of a 21st century rival to Asia, warns Daniel Henninger. Entrepreneurship involves some people getting extremely rich, and that's something the Democrats just don't...

Obama Pushes Tax Breaks for Small Businesses

Dec 8, 2009 1:08 PM CST

Obama Pushes Tax Breaks for Small Businesses

President lays out ideas to create jobs

(Newser) - President Obama proposed a series of job-creating ideas today to supplement the original stimulus plan, with an emphasis on helping small businesses through tax breaks and a suspension of their capital gains taxes. He also called for spending on highways and other infrastructure projects as well as the so-called “...

Obama to Tackle
Jobs, Deficit

speech preview

Dec 8, 2009 8:53 AM CST

Obama to Tackle Jobs, Deficit

Pols split on how to use bailout bucks for recovery

(Newser) - President Obama will today outline a new push to tackle the country's surging unemployment and mounting deficit. The speech, at the Brookings Institution, comes as legislators are locked in a debate over how, exactly, to use surplus TARP funds to boost a tepid recovery. Republicans oppose dipping into the surplus,...

Jobs Are Coming
Back—and Soon

floyd norris

Dec 4, 2009 11:22 AM CST

Jobs Are Coming Back—and Soon

Employers laid off so many they'll have to hire

(Newser) - The rosier-than-expected unemployment numbers released today are encouraging, Floyd Norris writes, but it’s actually the very precipitous nature of the original falloff that makes him optimistic about the future. So many jobs were lost, Norris argues, that If employers want to fill any but the most meager of orders,...

Stocks Surge
on Jobs News

Markets open

Dec 4, 2009 8:40 AM CST

Stocks Surge on Jobs News

Better-than-expected unemployment news pleases traders

(Newser) - This morning's better-than-expected unemployment figures sent markets up in a hurry at the opening bell. The Dow rose about 130 points in the opening minutes on news that employers shed just 11,000 jobs in November, the fewest since 2007, notes MarketWatch . The figures brought the unemployment rate down to...

Unemployment Drops to 10%

Dec 4, 2009 7:47 AM CST

Unemployment Drops to 10%

Jobs put in best showing since 2007

(Newser) - Job losses slowed and the unemployment rate unexpectedly fell in November, the Labor Department announced today, in its most positive jobs report since 2007. Nonfarm payrolls fell by a mere 11,000, while the unemployment rate, which is determined by surveying households rather than companies, fell from 10.2% to...