New unemployment claims fall to lowest in 2 months
Still, the economy is barely growing and hiring is slow. Businesses and other private employers added a net total of 67,000 jobs in August, the Labor Department said.
Unemployment
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New filings for jobless benefits fall to two-month low
Even with latest decline, new filings for jobless benefits are still much higher than they would be if the economy is healthy.
National unemployment rate back on the rise
Overall, the economy lost 54,000 jobs as 114,000 temporary census positions came to an end. State and local governments shed 10,000 positions. The jobless rate rose to 9.6 percent from 9.5 percent in July.
MARCUS: The highs and lows of unemployment
Indiana’s unemployment rate in July was 10.1 percent—the 12th-highest of the 50 states. Nevada was running at 14.3 percent to lead the nation, while the lowest rate was 3.6 percent, in North Dakota. We’re much closer to the worst than we are to the best.
New jobless claims drop for first time in 4 weeks
However, about 10.1 million people were receiving unemployment checks in the week ended Aug. 7, the latest data available.
That’s up about 260,000 from the previous week.
Indiana, Indy stage small employment gains
Indiana’s unemployment rate increased by a sliver, to 10.2 percent, in July despite increases in jobs in many industries.
New jobless claims hit highest level in six months
Initial claims for unemployment benefits have now risen in three of the last four weeks and are close to their high point
for the year of 490,000, reached in late January.
Stocks retreat after disappointing jobs report
The disappointing jobs data magnifies worries that slowing growth could end up leading the country back into recession during
the second half of the year.
New claims for jobless benefits jump again
Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and
some companies are still cutting workers.
Consumer spending, personal incomes stagnant
Personal spending was unchanged in June, the Commerce Department reported Tuesday. It was the third straight month of lackluster
consumer demand. Incomes were also flat, the weakest showing in nine months.
Economic growth likely slowed in second quarter
Economists expect the government to report Friday that economic growth slowed in the April-to-June quarter as consumers bought
less, builders pulled back further, and cash-hungry state and local governments cut spending.
Hoosiers can file for back jobless benefits Aug. 3
The state Department of Workforce Development says about 80,000 Hoosiers will get restored eligibility covering about 250,000
weeks of payments thanks to a federal law signed last week.
Obama signs unemployment bill; checks are coming
President Barack Obama on Thursday signed into law a restoration of benefits for people who have been out of work for six
months or more. The move ended an interruption that cut off payments averaging about $300 a week to 2½ million people
who have been unable to find work in the aftermath of the nation's long and deep recession.
Elevated jobless claims point to weak labor market
The sharp increase comes after claims fell steeply two weeks ago to their lowest level since August 2008. But much of that
drop was driven by temporary seasonal factors and not an improving job market.
Jobless benefits bill would aid 80,000 Hoosiers
A bill advancing in Congress that would restore unemployment benefits for millions of Americans could help about 80,000 Indiana
residents who have been out of work more than six months.
Filibuster broken, jobless benefits may flow soon
The Senate is poised to pass legislation restoring jobless benefits for millions of people unable to find work in the frail
economic recovery.
Indiana’s unemployment rate rises slightly
June figure hits 10.1 percent, up a tick from April and May, marking the third straight month Indiana’s unemployment rate
has been in double digits.
Economists say recovery continues, but pace slows
Economists say the U.S. recovery continued during the second quarter of this year with more businesses hiring workers and
fewer cutting jobs, but the pace of growth has slowed, a new survey shows.
State asking Hoosiers to repay stimulus money
An Indiana agency is telling about 36,000 people who collected a $25 stimulus payment as part of their unemployment check
that they must repay the money because they were later ruled ineligible.
Initial claims for jobless benefits drop sharply
The Labor Department said new claims dropped to the lowest level since August 2008. But much of that was the result of seasonal
factors.