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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: jobless claims

jobless claims stories: 46 news summaries

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(Newser) - A rough milestone on the jobless front: The average length of time it takes to find a job—26.2 weeks—now exceeds the standard length of unemployment benefits—26 weeks. That's first time it's happened since the Labor Department began keeping stats 60 years ago, reports Bloomberg. The bit... More »

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recession • unemployment • jobless claims • unemployment benefits • jobless • unemployment rate

 Unemployment Hits 9.8% 

Employers cut 263,000 jobs, more than expected

Oct 2, 09 7:51 AM CDT
(Newser) - More evidence that jobs are bringing up the rear in the economic turnaround: Employers shed 263,000 jobs in September, more than August and far more than expected, raising the unemployment rate to 9.8%. Most of the job losses came in fields such as retail, construction, and manufacturing, notes... More »

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recession • jobless claims • economy • employees • unemployment rate

(Newser) - Job losses slowed more than expected last month, and unemployment fell from 9.5% to 9.4% in its first dip since April 2008, the Labor Department announced today, marking another strong positive sign for the economy. Payrolls fell by 247,000, a big improvement over the 443,000 lost... More »

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unemployment • US economy • payrolls • jobless claims • financial crisis

 Welfare Rolls Soar 
 Along With Unemployment 

Many make shift as jobless benefits run out

Jun 22, 09 7:48 AM CDT
(Newser) - Welfare rolls are on the rise nationwide for the first time since President Clinton signed a bill overhauling the system in 1996, the Wall Street Journal reports. Welfare recipients’ ranks fell in some areas at the beginning of the recession, but now 23 of the 30 biggest US states are... More »

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Bill Clinton • Clinton administration • unemployment • jobless claims • unemployment benefits • welfare • food stamps • public assistance • jobless • welfare reform

(AP) - The unemployment rate jumped to 9.4% in May, the highest in more than 25 years. But the furious pace of layoffs eased, with employers cutting 345,000 jobs, the fewest since September. If laid off workers who have given up looking for new jobs or have settled for part-time... More »

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recession • unemployment • Department of Labor • jobless claims • economy

MARKET Open

 Stocks Up on Positive Job Data 


Jun 4, 09 8:49 AM CDT
(Newser) - Stocks inched higher this morning as investors chewed on retailer and jobs data. The Dow added 17 points while the Nasdaq and S&P rose 9.03 and 3.17 points respectively. Jobless claims took a rare step in the right direction last week, with ongoing claims dropping for the... More »

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stock market • Costco • Dow Jones • unemployment • Nasdaq • jobless claims • S&P 500 • Limited

MARKET open

 Stocks Up on Jobs, Durables 


May 28, 09 8:45 AM CDT
(Newser) - Stocks headed higher at the open today, after a pair of promising economic reports. The Dow added 75 points, while the Nasdaq and S&P rose 1.1% and 1% respectively. Durable goods orders rose 1.9% last month, and new jobless claims fell 13,000 last week; both numbers... More »

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stock market • Dow Jones • General Motors • durable goods • Nasdaq • jobless claims • S&P 500

Market Open

 Stocks Flat as 
 Jobless Ranks Grow 


May 14, 09 8:53 AM CDT
(Newser) - Stocks crept slightly higher today, with the Dow up 22 points and the Nasdaq and S&P up 10.42 and 2.48 respectively. Wal-Mart gained 1% on an earnings report precisely in line with expectations, and Kohl’s better-than-expected number sent it up 2%. But any optimism was offset... More »

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stock market • Dow Jones • Nasdaq • jobless claims • S&P 500 • Wal-Mart

(Newser) - The unemployment rate now stands at a 25-year high of 8.5%, but the nation's CEOs say it's only going to get worse. Nearly three-quarters of the leaders of the nation's biggest companies expect to lay off more workers in the next 6 months, USA Today reports. That percentage—71%—... More »

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layoffs • CEO • unemployment • jobless claims • economy

MARKET Open

 Stocks Head Higher on Job Data 


Mar 19, 09 8:40 AM CDT
(Newser) - Stocks headed slightly higher at the open, as commodities rallied and investors cheered better-than-expected jobless claims numbers. The Dow rose 31 points, and the S&P and Nasdaq were up 0.9% and 0.8% respectively. Initial jobless claims fell 12,000 last week, though the four-week moving average rose... More »

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stock market • Dow Jones • Nasdaq • jobless claims • S&P 500

New Jobless Claims Fall More Than Expected

But continuing claims
at record high for
8th straight week

Mar 19, 09 8:04 AM CDT
(AP) - New jobless claims fell more than expected last week, but continuing claims set a new record for the eighth straight week and few economists expect the labor market to improve anytime soon. The Labor Department says the tally of initial requests for unemployment insurance dropped to a seasonally-adjusted 646,000... More »

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unemployment • jobless claims • economy • financial crisis

 Unemployment Leaps to 8.1% 


Mar 6, 09 7:54 AM CST
(Newser) - Unemployment hit 8.1% in February, its highest level since late 1983, as employers cut 651,000 jobs, the government said today. That’s worse than the 7.9% analysts predicted, thanks to revised numbers from January and December that were much worse than originally reported. December’s revised loss... More »

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economic indicators • unemployment • payrolls • jobless claims • economy

Unemployed Furious at Contrarian Govs

Constituents fear
losing out on stimulus dollars over politics

Feb 27, 09 2:21 PM CST
(Newser) - Opposing the stimulus’ expansion of unemployment benefits may be good PR, but there’s one constituency it’s not playing well with: unemployed people. “It just seems unreasonable,” one jobless Texan tells the New York Times, “that when people probably need the help the most, that because... More »

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Rick Perry • unemployment • jobless claims • unemployment benefits • governor • economic stimulus package • Mark Sanford • Obama administration • President Obama • Republicans

MARKET Open

 Jobs, GM Can't Knock Stocks 


Feb 26, 09 8:50 AM CST
(Newser) - Stocks headed north early, with the Dow up 93 points, despite bleak economic data and a $9.6 billion loss from GM. Jobless claims unexpectedly leaped last week, with total claims topping 5 million for the first time, while durable goods orders sunk 5.2% in January. But JPMorgan rose... More »

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stock market • Dow Jones • unemployment • Nasdaq • jobless claims • S&P 500

MARKET Open

 Stocks Rise on Job, Price Data 


Feb 19, 09 8:52 AM CST
(Newser) - Stocks climbed at the open, following jobless claims and wholesale price reports that, for once, didn’t contain any nasty surprises. The Dow was up 35 points, while the Nasdaq and S&P each rose about 0.8%. The producer-price index rose 0.8% in January, reflecting a widespread rise... More »

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stock market • Nasdaq • Dow • jobless claims • S&P 500 • Producer Price Index • wholesale prices

(Newser) - Nonfarm payrolls plunged 598,000 in January, the Labor Department announced today, bringing the total job losses to 3.6 million since the recession began in December 2007. The drop was significantly worse than analysts anticipated, and the worst since December 1974, the Wall Street Journal reports. The jobless... More »

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layoffs • recession • unemployment • payrolls • jobless claims • economy

MARKET Open

 Stocks Fall on Retail, Job Data 


Feb 5, 09 8:52 AM CST
(Newser) - Stocks slid at the open today, following yet more negative numbers from retailers and the Labor Department, the Wall Street Journal reports. The Dow dropped 52 points, while the S&P fell 1%. The Nasdaq dropped 1.2%, weighed down by sub-par earnings from Cisco. New jobless claims ripped... More »

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stock market • retail • unemployment • Nasdaq • Dow • retail sales • jobless claims • S&P 500 • Wal-Mart

MARKET Open

 Job, Housing Woes Sink Stocks 


Jan 22, 09 8:53 AM CST
(Newser) - Stocks headed south this morning, following worse-than-expected housing and job data. Jobless claims rose by 62,000 last week, and housing starts slid 15.5%, to their slowest pace on record. The Dow sunk 144 points, accompanied by an 18-point decline in the S&P. A strong quarter from Apple... More »

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stock market • Microsoft • Apple • housing • unemployment • Nasdaq • Dow • jobless claims • S&P 500

New Jobless Claims Leap Past Estimates

Did you ever suspect they'd go down? Me either

Jan 22, 09 8:09 AM CST
(AP) - The number of new claims for jobless benefits jumped more than expected last week, as companies continue to cut jobs at a furious pace. The Labor Department reported today that initial claims rose to a seasonally adjusted 589,000, from an upwardly revised figure of 527,000 the previous week.... More »

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economic indicators • unemployment • Department of Labor • jobless claims • economy • financial crisis

MARKET Open

 Market Shrugs Off Jobs Report 

Dow makes miniscule move

Jan 9, 09 8:49 AM CST
(Newser) - Stocks barely moved at the open in the wake of a gruesome but unsurprising jobs report. The Dow fluctuated between gains and losses, recently trading down 27 points, with the Nasdaq and S&P registering 0.6% and 0.5% declines. The country lost 2.6 million jobs in 2008,... More »

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stock market • unemployment • Nasdaq • Dow • jobless claims • S&P 500 • job

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