Latest Labor economy News

AP FACT CHECK: Trump's Syrian mission-accomplished moment

Oct. 19, 2019 10:47 PM EDT

WASHINGTON (AP) — As President Donald Trump describes it, the U.S. swooped into an intractable situation in the Middle East, achieved an agreement within hours that had eluded the world for years and delivered a "great day for civilization." It was a mission-accomplished moment that other Republican...

California unemployment rate falls to record low of 4%

Oct. 18, 2019 7:50 PM EDT

SAN FRANCISCO (AP) — California's economy kept humming in September, dropping the unemployment rate to a record low 4% statewide and under 2% in San Francisco and some of its neighboring counties, a level that economists once thought impossible. "That is almost unthinkable," said Sung Won Sohn, professor...

Despite labor costs, GM averts financial woes of its past

Oct. 18, 2019 2:16 PM EDT

DETROIT (AP) — A decade ago, high labor costs helped drag a bloated and debt-ridden General Motors into a government-funded bankruptcy. Now, a contract deal reached this week with the United Auto Workers union will raise the company's costs once again, at a time when the auto industry is facing the...

Unemployment in Utah improves slightly to 2.7%

Oct. 18, 2019 12:47 PM EDT

SALT LAKE CITY (AP) — Utah's seasonally adjusted unemployment rate has improved slightly to 2.7%. The Utah Department of Workforce Solutions released the latest monthly employment figures Friday. About 43,365 Utahns actively were looking for work in September. Unemployment was at 2.8% in August. The...

Nebraska jobless mark of 3.1% unchanged for third month

Oct. 18, 2019 11:22 AM EDT

LINCOLN, Neb. (AP) — Nebraska's unemployment rate held steady at 3.1% again in September, matching the August and July figures, the state said Friday. The preliminary September rate was four-tenths of a point higher than the adjusted September 2018 rate of 2.7%, the Nebraska Labor Department said in a news...

Maine unemployment rate for September unchanged from August

Oct. 18, 2019 11:01 AM EDT

AUGUSTA, Maine (AP) — The Maine Department of Labor says the state's unemployment rate for September is unchanged from August at 2.9%. The rate is down from 3.5% from a year ago. Maine's unemployment rate has been below 4% for 45 consecutive months, the longest period on record in the state. New England's...

Alabama jobless rate dips to record 3%

Oct. 18, 2019 9:43 AM EDT

MONTGOMERY, Ala. (AP) — Alabama's unemployment rate has fallen to a record 3%. An announcement released Friday by the Department of Labor says the state's seasonally adjusted jobless rate for September was one-tenth of a percent below the previous low set in August. It was also a half-percent lower than...

Pennsylvania's Sept. jobless rate ticks up as payrolls slide

Oct. 18, 2019 9:42 AM EDT

HARRISBURG, Pa. (AP) — Pennsylvania's unemployment rate ticked up in September, as payrolls slid slightly. The state Department of Labor and Industry said Friday that Pennsylvania's unemployment rate bumped up one-tenth of a percentage point to 4%. It hit a four-decade low of 3.8% earlier this year. The...

Connecticut economist warns employment high could change

Oct. 17, 2019 8:13 PM EDT

HARTFORD, Conn. (AP) — A Connecticut Department of Labor report shows the gain of 3,600 jobs, making September the 15th consecutive month of year-over-year growth. The Hartford Courant reports the state reported nearly 1.7 million jobs Thursday. The new high is just shy of the mark reached in 2008, several...

Fed survey finds US economy being hurt by trade battles

Oct. 16, 2019 6:46 PM EDT

WASHINGTON (AP) — The U.S. economy expanded at a modest pace in September and into October, despite rising trade tensions and weaker global growth that hampered manufacturing, and adverse weather hitting farmers. In its latest assessment of business conditions around the country, the Federal Reserve...