Unemployment figures announced Oct. 2 revealed a bitter milestone: the average length of time it takes to find a job now exceeds the average amount of time most states offer unemployment benefits.
Bloomberg News reports: The average duration of unemployment is now 26.2 weeks, longer than the 26 weeks of state benefits normally provided to workers [...]
Health-care jobs grew more than 19,000 in September as the industry continues to buck the trend of most sectors during the recession, according to Workforce Management. Health care has seen an expansion of more than 195,000 jobs in 2009 or 1.4 percent growth according to data from the Bureau of Labor Statistics.
The growth has come [...]
Technology suffered job losses across all industries last year but fared better than most other fields, according to the latest numbers from the Bureau of Labor Statistics.
IT lost 224,000 jobs between June 2008 and June 2009, a 3.7 percent decline, while the overall job market was down 5.1 percent for the same period, said the [...]
The Department of Labor report jobless claims were down last week, as was the four-week moving average.
“In the week ending Sept. 19, the advance figure for seasonally adjusted initial claims was 530,000, a decrease of 21,000 from the previous week’s revised figure of 551,000. The four-week moving average was 553,500, a decrease [...]
It’s not only the big states that have been hit hard by the economy, says recent government data released on Friday. Several smaller states including Rhode Island, Nevada and Oregon are now experiencing what states like California and Michigan have suffered since 2008: high rates of unemployment. Unemployment topped 12 percent in all five states [...]
There is supposed to be some security in choosing a career in technology. But a recent report on Silicon Valley may have you scratching your head a little.
Between 2001 and 2008, Silicon Valley — the Northern California technology corridor — shed more than 85,000 jobs, according to a report from the Bureau of [...]
The record-setting unemployment rates, diving consumer confidence and stagnant economic growth of this recession are driven more than anything else by long-term unemployment, according to numbers released today by the Department of Labor’s Bureau of Labor Statistics.
While new claims for unemployment top 600,000 every week, the scary fact of this recession is that once unemployed, [...]
A case can be made that the record-setting unemployment rates, diving consumer confidence and stagnant economic growth of this recession are driven more than anything else by the long-term unemployment, according to numbers released today by the Department of Labor’s Bureau of Labor Statistics.
While new claims for unemployment top 600,000 every week (631,000 this week, [...]
Eight states are suffering double-digit unemployment. Regional and State Employment and Unemployment Summary, released April 17 by the Dept. of Labor’s Bureau of Labor Statistics, revealed that Oregon, North Carolina, Nevada and Indiana had topped 10 percent unemployment, traditionally considered one of the definitions of an economic depression. Michigan, California, South Carolina and Rhode [...]
The U.S. unemployment rate, released March 6, rose to 8.1 percent in February, the highest since 1983. Some economists predict the U.S. jobless rate will surpass double digits. In California, Michigan, Rhode Island and South Carolina, it already has.
The U.S. Department of Labor’s Bureau of Labor Statistics released data March 11 on state and regional [...]