Skip to: Content
Skip to: Site Navigation
Skip to: Search

FRIDAY, NOVEMBER 27, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: Department of Labor

Department of Labor stories: 28 news summaries

21 - 28 of 28 Stories | << Prev 1 2

MARKETS

 Resigned Markets End Mixed 

Bad employment data another signal of recession; still, indices up for week

(Newser) - Stocks ended mixed today as a commodities rally contrasted with disappointing employment news, the Wall Street Journal reports—though the major indices were up for the week. The Dow fell 16.61 to close at 12,609.42, up 3.2% for the week. The Nasdaq gained 7.68 points... More »

MORE ABOUT:
stock market Dow Jones Nasdaq Department of Labor S&P 500 weekly gains

BREAKING

 US Drops 80,000 Jobs,
 Biggest Loss in 5 Years 

Non-farm payrolls fall 80,000 in March, biggest drop in five years

(Newser) - Unemployment surged in March to 5.1%, the worst it’s been since September 2005, reports the Wall Street Journal. The country lost 80,000 non-farm jobs last month after dropping 76,000 jobs in both January and February. The third sharp drop fuels fears that the US has slipped... More »

MORE ABOUT:
Federal Reserve recession unemployment US economy Department of Labor payrolls

 Probe Blames Feds
 for Utah Mine Horror 

Labor Dept. cites negligence by mine safety agency

(Newser) - A federal probe into a Utah mine disaster that killed nine people has accused the federal agency overseeing mine safety of negligence. The finding by the Labor Department's Office of Inspector General does not rule out the possibility that the owner of the site used undue influence on the Mine... More »

Part-Time Work Jumps 16% as Many Jobs Contract

Some 4.79 million worked part time in February; 1.8 million held two or more jobs

(Newser) - Tough economic times—and a drop in full-time jobs in some sectors—are pushing more people into part-time work, the Wall Street Journal reports. The Labor Department says 16% more workers—some 4.79 million people—are working part-time jobs this year than last, the highest total since 1993. More »

MORE ABOUT:
employment workers US economy Department of Labor job market below the line workers Wal-Mart part-time jobs US workers

MARKETS

Dow Falls 146, Sinks Below 12K

'A darned good imitation' of a recession

(Newser) - The markets seesawed and ultimately saw losses today as news of a bank boost by the Fed couldn't outweigh the Labor Department's grim February jobs report. The Dow lost 146.70, closing at 11,893.69, and the S&P 500 fell 10.97 to 1,293.37. The Nasdaq... More »

MORE ABOUT:
Federal Reserve Dow Jones Nasdaq Department of Labor Thornburg Mortgage S&P 500 employment report

Market Rises
on Strong
Jobs Report

September stats
strong, August losses revised to gains

(Newser) - Stocks surged this morning after a highly anticipated jobs report came back reassuringly strong, with 110,000 US workers gaining jobs in September. At the same time, the upsetting August jobs loss—which fueled rampant recession fears—was revised to a gain of 89,000. Growth exceeded expectations among economists... More »

MORE ABOUT:
Dow Jones Alcoa General Electric Nasdaq Department of Labor school holidays job

Jobless Claims Rise, but Economists See Silver Lining

Figures lower than expected as labor market deals with volatility

(Newser) - First-time applications for jobless claims rose last week, but economists are encouraged that the figures were less than expected, Bloomberg reports today. Claims grew by 4,000 to 319,000—still well short of the 325,000 applications expected. The numbers suggest that the labor market isn’t collapsing, despite... More »

MORE ABOUT:
unemployment consumer spending US economy credit market Department of Labor jobless claims housing crisis job

Inflation Eases, Trade Deficit Narrows

New data is mostly positive, and unlikely to influence interest rates

(Newser) - With the exception of energy and food, inflation at the wholesale level rose less than expected last month, while the US trade deficit got slimmer, thanks to an increase in exports. Still, a rise in energy costs in July led to an unexpected .06% uptick in the producer price index... More »

21 - 28 of 28 Stories | << Prev 1 2