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Unemployment

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  • 'Mediocre' US economy's missing link Thursday, 24 Jul 2014 | 11:51 AM ET
    A job seeker leaves his contact information at a career fair held by Union Square Hospitality Group in New York.

    If this turning point comes, the U.S. may soon see the fortunes of middle- and lower-class workers rising.

  • New home sales throw cold water on jobless party Thursday, 24 Jul 2014 | 10:00 AM ET
    A sold sign is posted in front of a home in San Francisco.

    New U.S. single-family homes sales fell sharply in June, suggesting the housing market would struggle to regain momentum.

  • Is 20-year bull tired?     Thursday, 24 Jul 2014 | 8:33 AM ET

    Brian Belski, BMO Capital Markets, and Michael Hanson, Bank of America Merrill Lynch, provide perspective on whether the market's record run is likely to continue.

  • Jobless claims swoon to lowest in nearly 9 years Thursday, 24 Jul 2014 | 8:31 AM ET
    A "Now Hiring" sign stands at an exhibitors’ table at the Columbus Career Fair in Columbus, Ohio.

    New U.S. unemployment claims tumbled to the lowest level in nearly 9 years, suggesting the labor market recovery was gaining traction.

  • Initial jobless claims drops 19,000 to 284,000     Thursday, 24 Jul 2014 | 8:30 AM ET

    CNBC's Rick Santelli delivers the latest weekly unemployment numbers.

  • AP Top Extended Financial Headlines At 5:22 a.m. EDT Thursday, 24 Jul 2014 | 5:22 AM ET

    World shares subdued despite China manufacturing as reports say EU mulls new Russia sanctions Nokia says Q2 profit up 20 percent, gives upbeat outlook after sale of troubled handset unit Swiss drug maker Roche posts 7 percent profit drop amid strong franc, diagnostic charges European carriers suspend more Tel Aviv flights amid ongoing safety concerns Chairman of US meat supplier apologizes for China subsidiary at center of food scandal Facebook on a roll as 2nd- quarter earnings, revenue surpass expectations European Central Bank: contact data stolen in breach of website database security South Korea unveils stimulus plans as shock of ferry sinking slows growth $300 million later, Social Security trying to salvage computer system that doesn't work Spain's jobless rate edges down to 24.5 percent in second quarter as economy gains traction

  • AP Top Extended Financial Headlines At 4:27 a.m. EDT Thursday, 24 Jul 2014 | 4:27 AM ET

    World shares subdued despite China manufacturing as reports say EU mulls new Russia sanctions Nokia second-quarter profit up 20 percent to $285 million, company gives upbeat outlook Swiss drug maker Roche posts 7 percent profit drop amid strong franc, diagnostic charges European carriers suspend more Tel Aviv flights amid ongoing safety concerns Chairman of US meat supplier apologizes for China subsidiary at center of food scandal Facebook on a roll as 2nd- quarter earnings, revenue surpass expectations European Central Bank: contact data stolen in breach of website database security South Korea unveils stimulus plans as shock of ferry sinking slows growth $300 million later, Social Security trying to salvage computer system that doesn't work Spain's jobless rate edges down to 24.5 percent in second quarter as economy gains traction

  • Spanish jobless falls as recovery gains traction Thursday, 24 Jul 2014 | 3:50 AM ET

    MADRID— Official figures show that Spain's unemployment rate edged down to 24.5 percent in the second quarter from 25.9 percent in the previous three-month period, a further sign that the economy's recovery is gaining traction and making solid inroads into the labor market.

  • Wyoming unemployment rate at 4 percent in June Tuesday, 22 Jul 2014 | 12:49 PM ET

    CHEYENNE, Wyo.— Wyoming's unemployment rate stood at 4 percent in June, down from 4.6 percent for the same month last year. The Research& Planning section of the Wyoming Department of Workforce Services reports that the state's unemployment rate has remained between 3.7 percent to 4 percent since March.

  • US consumer prices pumped up by rising gas Tuesday, 22 Jul 2014 | 8:30 AM ET
    A gasoline pump nozzle refuels a sport utility vehicle in Bagdad, Kentucky, Feb. 26, 2014.

    U.S. consumer prices rose in June as the cost of gasoline surged, pointing to a gradual build up of inflationary pressures.

  • Obama is crushing the Reagan link—Putin knows it Friday, 18 Jul 2014 | 5:26 PM ET
    U.S. President Barack Obama, right, listens to Russian President Vladimir Putin after their bilateral meeting in Los Cabos, Mexico.

    The US won the Cold War largely because Reagan had a strong economy to back him up. Obama has broken that link—and Putin knows it, says Larry Kudlow.

  • California unemployment rate drops to 7.4 percent Friday, 18 Jul 2014 | 12:25 PM ET

    SACRAMENTO, Calif.— The unemployment rate in California dipped to 7.4 percent in June to the lowest figure in six years, officials reported Friday. The state gained 24,200 jobs during the month, bringing the total to more than 1.35 million jobs added since February 2010, when the jobless number hit a peak of 12.4 percent, the Employment Development Department said.

  • La. jobless rate rises in June for second month Friday, 18 Jul 2014 | 11:55 AM ET

    Louisiana's unemployment rate was 6.4 percent in June 2013. Both sets of figures— adjusted to cancel out normal seasonal changes— were released Friday by the U.S. Labor Department.

  • Utah jobless rate continues to inch down Friday, 18 Jul 2014 | 11:49 AM ET

    SALT LAKE CITY— The rate of unemployed Utah residents has dropped for the fourth straight month, falling to 3.5 percent in June. Utah's jobless rate has been inching down as the state has recovered from the economic recession, when unemployment peaked at 8.4 percent. Before the economic slowdown in late 2008, Utah's rate hovered around 3.4 percent.

  • Arkansas unemployment rate drops to 6.2 percent Friday, 18 Jul 2014 | 11:38 AM ET

    LITTLE ROCK, Ark.— State officials say Arkansas' unemployment rate has dropped to its lowest rate in more than five years. The Arkansas Department of Workforce Services says the state's unemployment rate dropped two-tenths of a percentage point in June to 6.2 percent.

  • Virginia jobless rate inches up to 5.3 percent Friday, 18 Jul 2014 | 11:32 AM ET

    RICHMOND, Va.— Virginia's unemployment rate inched up in June to 5.3 percent, the second consecutive monthly increase. Virginia's unemployment rate continues to be below the national rate, which was 6.1 percent in June.

  • Mississippi jobless rate rises to worst in nation Friday, 18 Jul 2014 | 11:30 AM ET

    JACKSON, Miss.— Mississippi's unemployment rate rose to worst in the nation at 7.9 percent in June, as the state's economic recovery lags behind others. Phil Bryant, who has made economic development a central focus, acknowledged the poor figure but said Mississippi's economy has improved since he took office.

  • Indiana jobless rate up slightly to 5.9 percent Friday, 18 Jul 2014 | 10:58 AM ET

    Figures released Friday by the state Department of Workforce Development show Indiana's jobless mark went up by two-tenths of a percentage point from May. The last time Indiana recorded rise in the unemployment rate was when it went up slightly to 8.2 percent in September 2012.

  • Maine unemployment rate falls to 5.5 percent Friday, 18 Jul 2014 | 10:55 AM ET

    AUGUSTA, Maine— State officials say that Maine's unemployment rate fell to 5.5 percent in June. June was the 81st consecutive month that Maine's employment to population ratio was below the national average. Maine's unemployment rate was also lower than the average of New England states, which was 5.7 percent.

  • Texas jobless rate for June steady at 5.1 percent Friday, 18 Jul 2014 | 10:53 AM ET

    Last month's seasonally adjusted figure matched the May jobless rate for Texas, halting three months of declines in statewide unemployment rates. The Texas economy added 19,100 seasonally-adjusted total nonfarm jobs in June for a total of 371,000 jobs added in the past year, according to the Austin- based TWC.