Latest Employment figures News

Holiday shopping kicks off with inflation dampening spirits

Nov. 24, 2022 10:21 AM EST

NEW YORK (AP) — While Black Friday will mark a return to familiar holiday shopping patterns, uncertainty still remains. The U.S. job market remains strong, consumer spending is resilient and inflation has been slowing. But elevated prices for food, rent, gasoline and other...

Editorial Roundup: New York

Nov. 24, 2022 04:11 AM EST

Albany Times Union. November 20, 2022. Editorial: You promised, governor Kathy Hochul promised transparency. Why are her agencies stonewalling or slow-rolling auditors and the public? Gov. Kathy Hochul should know better than most people about the need...

Most Fed officials at last meeting backed slower rate hikes

Nov. 23, 2022 15:09 PM EST

WASHINGTON (AP) — Most Federal Reserve officials at their last meeting favored reducing the size of their interest rate hikes “soon’’— just before raising their benchmark rate by a substantial three-quarters of a point for a fourth straight time. The central bank's...

Unemployment claims rise to 240,000, highest since August

Nov. 23, 2022 08:54 AM EST

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose to the highest level since August but still remains low by historic standards. The Labor Department reported Wednesday that 240,000 people applied for jobless aid last week, up by 17,000 from the week...

German government, opposition reach deal on benefit overhaul

Nov. 22, 2022 08:04 AM EST

BERLIN (AP) — Germany's governing parties and the main opposition bloc reached a compromise Tuesday that should allow an overhaul of the country's unemployment benefit system — a central policy of Chancellor Olaf Scholz's government — to go ahead in somewhat watered-down form. ...

California recovers pandemic job losses amid economic woes

Nov. 18, 2022 16:25 PM EST

SACRAMENTO, Calif. (AP) — California said Friday it had recovered all of the 2.7 million jobs it lost at the start of the pandemic, a moment that normally would celebrate the end of a downturn but instead was tempered by signs of a wobbly economy amid layoffs in the state's historically strong...

Biden says inflation help is coming but 'will take time'

Nov. 18, 2022 14:56 PM EST

WASHINGTON (AP) — President Joe Biden cautioned on Friday that “it's going to take time” for inflation to recede, but he offered fresh assurance that legislation he signed earlier this year will soon help limit costs for health care and energy. He made the remarks while...

Editorial Roundup: New York

Nov. 17, 2022 14:51 PM EST

Albany Times Union. November 15, 2022. Editorial: The Child Victims Act provided justice, but not for all The landmark legislation left behind untold numbers of people whose cases aren’t tied to deep-pocketed institutions. The massive judgment awarded...

Georgia job market still positive, but may be leveling off

Nov. 17, 2022 12:31 PM EST

ATLANTA (AP) — Unemployment data shows a Georgia job market that's still hot but leveling off. The state's unemployment rate ticked up to 2.9% in October after three months at an all-time low of 2.8%. And while employers are still adding workers to payrolls, those gains may be...

Fewer Americans file for jobless benefits last week

Nov. 17, 2022 09:09 AM EST

WASHINGTON (AP) — The U.S. job market remains healthy as fewer Americans applied for unemployment benefits last week, despite the Federal Reserve's rapid interest rate hikes this year intended to bring down inflation and tighten the labor market. Applications for jobless claims...