Latest Employment figures News
Cyberattack disrupts unemployment benefits in some states
NASHVILLE, Tenn. (AP) — A cyberattack on a software company has disrupted unemployment benefits and job seeking assistance for thousands of people in several states. In Tennessee, the website for unemployment benefits remained down Thursday morning after the vendor, Geographic...
Slightly fewer Americans apply for jobless claims last week
WASHINGTON (AP) — Slightly fewer Americans applied for unemployment benefits last week, reflecting a robust job market despite rising job cuts in some sectors of the economy that have cooled in recent months. Applications for jobless aid for the week ending June 25 ticked down to...
Powell: 'No guarantee' Fed can tame inflation, spare jobs
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said there's “no guarantee'' the central bank can tame runaway inflation without hurting the job market. Speaking Wednesday at a European Central Bank forum in Sintra, Portugal, Powell repeated his hope that the Fed can...
Kentucky governor declares emergency over high gas prices
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...
Fewer Americans file for jobless aid
WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week as the U.S. job market remains robust despite four-decade high inflation and a myriad of other economic pressures. Applications for jobless aid for the week ending June 18 fell to 229,000, a decline of 2,000...
California gets $1.1B back in likely fraudulent benefits
SACRAMENTO, Calif. (AP) — About $1.1 billion in unused unemployment benefits returned to California on Tuesday, money state officials said was most likely attempted fraud during the pandemic. The money had been sitting on 780,000 Bank of America debit cards that were never used....
California adds jobs in May; economy shows signs of weakness
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
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'
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...
Fed's aggressive rate hikes raise likelihood of a recession
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed's efforts so far to tame it. Increasingly, it seems, doing so might require the one painful thing the Fed has sought to...
