Latest Unemployment News

Kentucky governor declares emergency over high gas prices

Jun. 23, 2022 20:37 PM EDT

FRANKFORT, Ky. (AP) — Gov. Andy Beshear took action Thursday to combat any signs of price gouging at the pump, touting it as a consumer protection measure amid sky-high gas prices straining Kentuckians' budgets. The Democratic governor signed an executive order declaring a state of...

California adds jobs in May; economy shows signs of weakness

Jun. 17, 2022 17:35 PM EDT

SACRAMENTO, Calif. (AP) — California posted another strong jobs report on Friday as the unemployment rate fell to its lowest point since before the pandemic; but the news was overshadowed this week by the surest signs yet of a wobbly economy that could soon usher in a recession. ...

Pennsylvania jobless rate fell, labor force grew in May

Jun. 17, 2022 16:22 PM EDT

HARRISBURG, Pa. (AP) — Pennsylvania’s workforce grew again in May as the state’s unemployment rate sank to another post-pandemic low, according to new state figures released Friday. Pennsylvania’s unemployment rate dropped two-tenths of a percentage point to 4.6% from April's...

AP Interview: Biden says a recession is 'not inevitable'

Jun. 16, 2022 21:44 PM EDT

WASHINGTON (AP) — President Joe Biden said Thursday the American people are “really, really down” after a tumultuous two years with the coronavirus pandemic, volatility in the economy and now surging gasoline prices that are slamming family budgets. But he stressed that a recession was “not...

Georgia unemployment rate hits new all-time low of 3% in May

Jun. 16, 2022 17:10 PM EDT

ATLANTA (AP) — Georgia's unemployment rate hit a new record low of 3% in May as more people entered the labor force and more workers found jobs. The jobless rate ticked down from 3.1%, the previous all-time low, which was set in March and equaled in April. A year ago, 4.1% of...

EXPLAINER: Just how high is the risk of another recession?

Jun. 15, 2022 16:54 PM EDT

WASHINGTON (AP) — Inflation is at a 40-year high. Stock prices are sinking. The Federal Reserve has just made borrowing even costlier. And the economy actually shrank in the first three months of this year. Is the United States at risk of enduring another recession, just two years...

More Americans apply for jobless benefits last week

Jun. 09, 2022 08:58 AM EDT

WASHINGTON (AP) — More Americans applied for jobless aid last week, but the total number of Americans collecting unemployment remains at a five-decade low. Applications for unemployment benefits rose by 27,000 to 229,000 for the week ending June 4, the most since mid-January, the...

Worry about stagflation, a flashback to '70s, begins to grow

Jun. 08, 2022 10:26 AM EDT

WASHINGTON (AP) — Stagflation. It was the dreaded “S word” of the 1970s. For Americans of a certain age, it conjures memories of painfully long lines at gas stations, shuttered factories and President Gerald Ford’s much-ridiculed “Whip Inflation Now” buttons. ...

Fewer Americans apply for unemployment benefits last week

Jun. 02, 2022 10:13 AM EDT

WASHINGTON (AP) — Fewer Americans applied for jobless aid last week with the number of Americans collecting unemployment at historically low levels. Applications for unemployment benefits fell by 11,000 to 200,000 for the week ending May 28, the Labor Department reported Thursday....

Biden plots inflation fight with Fed chair as nation worries

May. 31, 2022 19:45 PM EDT

WASHINGTON (AP) — Focused on relentlessly rising prices, President Joe Biden plotted inflation-fighting strategy Tuesday with the chairman of the Federal Reserve, with the fate of the economy and his own political prospects increasingly dependent on the actions of the government’s central bank....