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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: jobless claims

jobless claims stories: 46 news summaries

21 - 40 of 46 Stories | << Prev 1 2 3 Next >>

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 US Loses 524K Jobs; 
 Unemployment Hits 7.2% 

Makes 2008 worst year for employment since 1945

Jan 9, 09 8:04 AM CST
(Newser) - Employers cut 524,000 jobs in December, which, on the heels of November’s decline of 584,000, made 2008 the darkest year of job losses since the end of World War II, Bloomberg reports. Those numbers were in line with forecasts, but the jobless rate topped its forecast by... More »

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layoffs • recession • unemployment • payrolls • jobless claims • job cuts

MARKET open

 Last '08 Session Starts Flat 

Nowhere to go but up?

Dec 31, 08 9:10 AM CST
(Newser) - Stocks started their final 2008 session with tepid optimism, sending the Dow up 28 points, and the Nasdaq and S&P up 0.3% and 0.2% respectively. Fueling the optimism was a stronger-than-expected employment report, which showed new jobless claims dropping by 94,000 last week. Keep an eye... More »

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

MARKET Open

 Sleepy Christmas for Stocks 

Investors shrug off negative data

Dec 24, 08 8:47 AM CST
(Newser) - There was plenty of bad news for the market today, but investors largely shrugged it off and turned their minds toward Christmas dinner. The Dow rose a mere 3.64 points at the open, while the S&P gained 2.32 points. Consumer spending fell 0.6% last month, and... More »

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stock market • Nasdaq • consumer spending • Dow • Christmas • jobless claims • S&P 500

MARKET Open

 Stocks Up on Mixed Job Data 

But FedEx is cutting payroll...

Dec 18, 08 8:46 AM CST
(Newser) - There was good news and bad news on the job front today. Good news: Initial claims for unemployment dropped more than expected last week. Bad news: They’re still near a 26-year high, and FedEx announced that it’s cutting salaries by 5%. But the good outweighed the bad for... More »

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

States Running Out of Cash for Jobless Benefits

Many cut taxes, weren't prepare for down turn

Dec 15, 08 8:40 AM CST
(Newser) - The ranks of the unemployed reached their highest levels since 1982 last week, and about 30 states are running out of money to fund them, the New York Times reports. Some states, including Indiana and Michigan, are already borrowing heavily from the federal government to keep up with jobless... More »

MORE ABOUT:
unemployment • jobless claims • unemployment benefits • financial crisis • state budgets

MARKET Open

 Stocks Skid on Jobs Numbers 


Dec 11, 08 8:52 AM CST
(Newser) - Stocks dipped at the open today, thanks to a sharp jump in jobless claims and more negative corporate news. The Dow fell 119 points, while the S&P and Nasdaq dropped 1.2% and 1.5% respectively, after the Labor Department announced that new unemployment claims hit a 26-year high... More »

MORE ABOUT:
stock market • Costco • Nasdaq • Dow • Eli Lilly • jobless claims • S&P 500 • Procter & Gamble

Economy

 US Lost 
 Half-Million 
 Jobs in Nov. 

Biggest drop in 34 years

Dec 5, 08 8:24 AM CST
(Newser) - November saw 553,000 Americans lose their jobs, according to a Labor Department non-farm payrolls report, the steepest drop in 34 years. The number exceeded even the grimmest predictions in Bloomberg’s survey of 73 analysts. “The labor market capsized in November,” said one economist. “The financial... More »

MORE ABOUT:
economic indicators • unemployment • Department of Labor • payrolls • jobless claims • economy

MARKET Open


 Soaring Jobless Claims 
 Leave Stocks Flat 

Jobless claims reach 7-year high

Nov 13, 08 8:55 AM CST
(Newser) - Jobless claims rose to a 7-year high last week, but that didn’t appear to move the needle for stocks, which barely budged at today's open. The Dow crept up 66 points, while the S&P and Nasdaq rose 0.9% and 0.4% respectively. A staggering 32,000 filed... More »

MORE ABOUT:
stock market • NASDAQ • Intel • Dow Jones • recession • unemployment • jobless claims • S&P 500 • Wal-Mart • financial crisis

MARKET Open

 Unemployment Hits 14-Year 
 High; Stocks Flat 

To be fair, they've already had the worst two-day stretch since 1987

Nov 7, 08 8:54 AM CST
(Newser) - The economy lost 240,000 jobs in October, bringing unemployment to 6.5%, its highest rate since 1994. It was the 10th-straight negative month, bringing the year’s losses to 1.2 million. But the staggering report did little to move the needle on Wall Street, as the Dow actually... More »

MORE ABOUT:
stock market • Dow Jones • economic indicators • unemployment • Nasdaq • jobless claims • S&P 500 • economy

MARKETS

 Volatile Day Ends With Gains 

Utilities, energy spur late rally that leaves Dow up 172

Oct 23, 08 3:35 PM CDT
(Newser) - Stocks saw wild triple-digit swings today before closing with gains, MarketWatch reports. Many earnings reports were poor, and weekly jobless claims spiked, but investors also found bright spots amid the gloom. The Dow rose 172.04 to 8,691.25. The Nasdaq fell 11.84 to 1,603.91, but... More »

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Boeing • Dow Jones • Coca Cola • Nasdaq • jobless claims • S&P 500 • Libor • financial crisis

MARKETS

Stocks Rise at Open as Jobless Claims Fall

But volatility ensures we'll need to update this in no time

Oct 9, 08 9:12 AM CDT
(Newser) - Stocks saw a strong open this morning, with the Dow rising 135 points after a positive quarterly report from IBM and a rally in European stocks, the Wall Street Journal reports. But investors were also mulling a worse-than-expected jobs report. Though new jobless claims fell by 20,000 last... More »

MORE ABOUT:
stock market • Dow Jones • IBM • jobless claims • short selling

 Unemployment 
 Funds Could 
 Dry Up 

Growing ranks of jobless stressing states' abilities to help

Oct 9, 08 7:39 AM CDT
(Newser) - At least 10 states have less than six months worth of unemployment benefit reserves and could run out of cash early in 2009, reports CNN. The national unemployment level is currently at 6.1%—the highest since 2001—and is expected to keep climbing. Economists say states should have packed... More »

MORE ABOUT:
California • unemployment • Department of Labor • jobless claims • unemployment benefits

Employers Cut Payrolls at Fastest Rate
in 5 Years

Some 159,000 positions disappear

Oct 3, 08 8:22 AM CDT
(AP) - Employers slashed payrolls by 159,000 in September, the most in more than 5 years and a worrisome sign that the economy is hurtling toward a deep recession. Today's snapshot also showed the nation's unemployment rate held steady at 6.1% as hundreds of thousands of people streamed out of... More »

MORE ABOUT:
recession • unemployment • payrolls • jobless claims • economy • credit market chaos

MARKETS

 Stocks Fall Despite Senate Vote 

Jobless claims up

Oct 2, 08 9:00 AM CDT
(Newser) - Senate approval of the bailout bill wasn’t enough to calm investors this morning, as the Dow posted a modest 51-point decline. Driving the pessimism was a report that new jobless claims have hit a new 7-year low, the Wall Street Journal reports. The S&P and Nasdaq each... More »

MORE ABOUT:
stock market • General Electric • jobless claims • bailout • financial crisis

Economy

 Jobless Claims Hit 6-Year High

Mounting layoffs lead to surprise jump in claims, report says

Aug 7, 08 11:00 AM CDT
(AP) - The number of newly laid off Americans signing up for jobless benefits last week unexpectedly climbed to its highest point in more than 6 years as the faltering US economy forced companies to cut back. The Labor Department reported today that new applications filed for unemployment rose by 7,000... More »

MORE ABOUT:
layoffs • economic indicators • unemployment • jobless claims • economy

Economy

US Jobless Rate Rises to 5.7%,
4-Year High

Employers cut 51,000 jobs in July, 463,000 this year

Aug 1, 08 9:17 AM CDT
(AP) - The unemployment rate in the US climbed to a 4-year high of 5.7% in July as employers cut 51,000 jobs, dashing the hopes of an influx of young people looking for summer work. Payroll cuts weren't as deep as the 72,000 predicted by economists, however, and job... More »

MORE ABOUT:
economic indicators • unemployment • jobless claims

MARKETS

 Stocks Fall on Economic Reports

Two-day rally quashed, ending July on a sour note

Jul 31, 08 3:19 PM CDT
(Newser) - Stocks fell today as worrying economic reports put an end to a 2-day rally, MarketWatch reports. Financials slipped, and energy stocks took a hit as Exxon’s record profit failed to meet analysts' expectations and crude prices continued to fall. The Dow dropped 204.69 to 11,379.00. The... More »

MORE ABOUT:
Exxon • economic growth • Dow Jones • Nasdaq • GDP • jobless claims • S&P 500 • financial stocks

House Votes to Extend Jobless Benefits

But measure faces rough road in Senate, White House

Jun 12, 08 5:00 PM CDT
(AP) - The House today approved an extra three months of jobless benefits for all unemployed Americans, knowing the plan's chances are slight in the Senate. After failing to get a veto-proof two-thirds margin by three votes yesterday, Democrats got an exact two-thirds margin with a 274-137 vote—the amount needed to... More »

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House of Representatives • jobless claims • unemployment benefits • Bush veto • economy

Economy

Jobless Rate Posts Biggest Jump in 22 Years

Signs are very bad for consumers

Jun 6, 08 8:43 AM CDT
(Newser) - Unemployment saw its biggest leap in two decades in May, spiking from 5.0% to 5.5%, as companies scale back their workforces in the face of recession, Bloomberg reports. Analysts had expected a more modest climb, to 5.1%; unemployment hasn’t been this high since October 2004. Payrolls... More »

MORE ABOUT:
Ben Bernanke • economic indicators • unemployment • payrolls • jobless claims • economy

MARKETS

 Street Rallies on Retail, Jobs 

Wal-Mart among big winners as indices rebound from 3 days of losses

Jun 5, 08 3:17 PM CDT
(Newser) - The markets rebounded from a 3-day losing streak today as retailers posted strong sales and weekly claims for jobless benefits fell, the Wall Street Journal reports. The Dow climbed 213.97, closing at 12,604.45, and the Nasdaq gained 46.80 to settle at 2,549.94. The S&... More »

MORE ABOUT:
retail • Costco • Dow Jones • Nasdaq • Department of Commerce • jobless claims • S&P 500 • Wal-Mart • BJ's Wholesale Club

21 - 40 of 46 Stories | << Prev 1 2 3 Next >>


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