Unemployment Rate

The German financial powerhouse has suggested the Fed could raise interest rates sharply as it attempts to battle inflation.

The U.S. unemployment rate has continued to drop according to federal figures, showing that a dozen states have reached new jobless lows.

In the week that ended on April 2, unemployment claims decreased by 5,000 to 166,000, the Labor Department reported.

The unemployment rate fell from 3.8 percent in February to 3.6 percent in March, the Labor Department reported.

The Labor Department said 1,419,000 people were collecting jobless benefits for the week ending March 5, down 71,000 from the week before.

About 467,000 new jobs were also added in the past week, according to the U.S. Department of Labor.

California's jobless rate decreased 2.8 percent over the past year, adding 50,700 jobs during the month of December.

The October job gains in the country's most populous state made up 18.2 percent of the total jobs added throughout the nation.

"The record rate is a sign of our strong job growth, successful reemployment services, and extraordinary economic resilience," Governor Pete Ricketts said.

"We still have more work to do in regaining those jobs lost to the pandemic, but this is promising progress for California's economic recovery," Newsom said.

The total number of unemployment claims has been steadily dropping since it topped 900,000 in January.

The weekly number of first-time applications peaked in early January at 900,000, and had been steadily dropping ever since.

The unemployment rate fell to 5.8 percent from 6.1 percent in May.

Kimberly Yacone told Newsweek that the restaurant "has been closed now for months as we can't get help. We blame the COVID-19 situation on the communist Chinese government and along with it the government giving excessive benefits to the non-employed to sit at home."

U.S. job openings soar to a high as the economy expands but wages and benefits increase only modestly.

What's the most critical move the next president should make to restore the country's economic health? Newsweek asked 12 top financial experts to offer the next occupant of the White House their best advice.

White House economic adviser Larry Kudlow says he agrees that another large pandemic stimulus relief bill should be pumped into the economy, but Democrats' nearly $3 trillion proposals are bloated and still include unnecessary unemployment benefits.

First-time unemployment claims increased the most last week in the states of Indiana, Kansas, Illinois and Michigan, with some economists saying the U.S. economy is "running on empty."

The transition rate from temporary to permanent layoffs nearly doubled from June to July.

Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi on Sunday offered widely differing views on what to do about the country's more than 30 million unemployed workers.

Approximately 4.9 million furloughed workers were misclassified as employed, according to the Bureau of Labor Statistics.

According to the U.S. Bureau of Labor Statistics, 1.4 million health care workers — many of them nurses — were laid off or furloughed in April, with more than 134,000 of those losses happening in hospitals.

Earlier this month, the U.S. Bureau of Labor Statistics reported that the national unemployment rate had risen to 14.7 percent.

"My guess right now is that it's going to be north of 16 percent, maybe as high as 19 or 20 percent," Kevin Hassett said.

Trump defended his remarks against Elijah Cummings and his Baltimore district as "nothing racist," before then calling Cummings a "racist."

Mid Continent Nail Corporation in Poplar Bluff, Missouri is one of the last remaining nail producers in the U.S.

Black and African-American unemployment rises nearly 1 percent in first month of 2018.

Jobs continued their winning streak in February, but Americans haven't seen a household income increase in this millennium.

With the jobless rate at a more than nine-year low, Federal Reserve is expected to raise interest rates.

There have been ups and downs in employment that come with business cycles, but new entrants into the labor force haven't 'taken jobs' from others.