Latest Employment figures News

UN labor group says 1.6M jobs lost in Myanmar in 2021

Jan. 28, 2022 04:51 AM EST

BANGKOK (AP) — The International Labor Organization says about 1.6 million jobs were lost in Myanmar in 2021, with women suffering the worst setbacks as work in factories, tourism and construction dwindled amid the pandemic and a military takeover. In a report issued Friday, the...

US weekly jobless claims fall for the first time in a month

Jan. 27, 2022 08:54 AM EST

WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week following three straight increases amid a surge in cases of the omicron variant of COVID-19. Jobless claims fell by 30,000 to 260,000 last week, the Labor Department reported Thursday, fewer than the...

NY may boost unemployment benefits, delay employer tax hikes

Jan. 26, 2022 19:08 PM EST

ALBANY, N.Y. (AP) — New York could boost weekly benefits for laid-off workers and delay unemployment tax hikes for employers under a bill that passed the Senate this week. State lawmakers hope to help an economy that's rebounding but at a slower pace than the nation: New York's...

How Fed hikes could affect mortgages, car loans, card rates

Jan. 26, 2022 15:20 PM EST

WASHINGTON (AP) — Will mortgage rates go up? How about car loans? Credit cards? How about those nearly invisible rates on bank CDs — any chance of getting a few dollars more? With the Federal Reserve signaling Wednesday that it will begin raising its benchmark...

North Carolina unemployment rate falls to 3.7% in December

Jan. 25, 2022 12:38 PM EST

RALEIGH, N.C. (AP) — North Carolina's employment levels kept rising in December, sending the state's already declining jobless rate further downward, the state Commerce Department announced on Tuesday. The state's seasonally adjusted unemployment rate dropped to 3.7%, compared to...

Nebraska unemployment drops to new national low again

Jan. 25, 2022 11:15 AM EST

LINCOLN, Neb. (AP) — Nebraska's unemployment rate dipped to an historic, national low once again last month, according to new data released Tuesday. The Nebraska Department of Labor reported a state unemployment rate of 1.7% in December. Nebrasaka retained its spot as the state...

Maine unemployment falls to lowest mark since pandemic began

Jan. 25, 2022 11:07 AM EST

AUGUSTA, Maine (AP) — The unemployment rate in Maine has fallen to its lowest point since the start of the COVID-19 pandemic. The Maine Department of Labor said Tuesday that the unemployment rate fell to 4.7% in December. The agency said that was the lowest rate since March 2020....

California jobless rate dips half-percentage point to 6.5%

Jan. 21, 2022 15:05 PM EST

SACRAMENTO, Calif. (AP) — California's unemployment rate dipped a half-percentage point in December as the most populous state added 50,700 nonfarm jobs, accounting for more than a quarter of the nation’s 199,000 new jobs for the month, according to new data released Friday. The...

Pennsylvania payrolls grew in December amid labor shortage

Jan. 21, 2022 11:10 AM EST

HARRISBURG, Pa. (AP) — Pennsylvania’s payrolls grew again in December as the unemployment rate fell for the 10th straight month, according to new figures Friday, but a persistent worker shortage continued to keep labor markets tight. Pennsylvania’s unemployment rate dropped...

Asian shares slide after more losses on Wall Street

Jan. 20, 2022 23:06 PM EST

BANGKOK (AP) — Shares were lower in Asia on Friday after a late afternoon sell-off wiped out gains for stocks on Wall Street. Tokyo fell 1.4% after Toyota Motor Corp. announced production cuts due to parts shortages. Other major regional markets also fell. Oil prices slipped,...