Latest Unemployment News

US employers are hiring briskly even in face of rate hikes

Nov. 04, 2022 11:22 AM EDT

WASHINGTON (AP) — America’s employers kept hiring vigorously in October, adding 261,000 positions, a sign that as Election Day nears, the economy remains a picture of solid job growth and painful inflation. Friday’s report from the government showed that hiring was brisk across...

Slightly fewer Americans apply for jobless aid last week

Nov. 03, 2022 11:12 AM EDT

WASHINGTON (AP) — Applications for jobless benefits fell slightly last week with the U.S. job market remaining resilient in the face of rising interest rates and persistent inflation. Unemployment claims for the week ending Oct. 29 fell by 1,000 to 217,000 from 218,000 the previous...

US unemployment claims inched higher, but remain very low

Oct. 27, 2022 09:08 AM EDT

WASHINGTON (AP) — Slightly more Americans applied for unemployment benefits last week as the labor market remains one of the healthiest parts of an uneven U.S. economy. Jobless claims for the week ending Oct. 22 inched up by 3,000 to 217,000 from 214,000 the previous week, the...

Florida's jobless rate drops to lowest level since 2006

Oct. 21, 2022 19:09 PM EDT

TALLLAHASSEE, Fla. (AP) — Florida’s unemployment rate dropped to 2.5% last month, the second lowest rate in the state’s recorded history and the lowest rate since October 2006, officials announced Friday. Gov. Ron DeSantis said in a statement that Florida also had the second...

Fewer Americans apply for jobless benefits last week

Oct. 20, 2022 08:49 AM EDT

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week and remains historically low even as the U.S. economy slows in the midst of decades-high inflation. Jobless claims for the week ending Oct. 15 declined by 12,000 to 214,000 from 226,000...

U.S. applications for jobless aid rise last week

Oct. 13, 2022 08:53 AM EDT

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose slightly last week but remains historically low even as the U.S. economy slows in the midst of decades-high inflation. Jobless claims for the week ending Oct. 8 rose by 9,000 to 228,000, the Labor...

What Friday's jobs report means for Fed's inflation fight

Oct. 07, 2022 15:39 PM EDT

WASHINGTON (AP) — For most Americans, Friday’s September jobs report was welcome news: Businesses kept hiring at a brisk pace, unemployment fell back to a half-century low and average pay rose. Yet for the Federal Reserve, the jobs figures highlight how little progress they're...

Another month of solid US hiring suggests more big Fed hikes

Oct. 07, 2022 11:50 AM EDT

WASHINGTON (AP) — America’s employers slowed their hiring in September but still added 263,000 jobs, a solid figure that will likely keep the Federal Reserve on pace to keep raising interest rates aggressively to fight persistently high inflation. Friday’s government report...

US job openings sink as economy slows, cost to borrow rises

Oct. 04, 2022 12:21 PM EDT

WASHINGTON (AP) — The number of available jobs in the U.S. plummeted in August compared with July as businesses grow less desperate for workers, a trend that could cool chronically high inflation. That is good news for the Federal Reserve in its efforts to bring down high prices...

Pritzker promises unemployment fund debt payoff by year end

Sep. 27, 2022 12:31 PM EDT

SPRINGFIELD, Ill. (AP) — Illinois Gov. J.B. Pritzker said Tuesday that the state's relatively low jobless rate will help him keep his promise to pay off coronavirus-era debt in the Unemployment Insurance Trust Fund by year's end. The Democrat announced he will transfer $450 million...