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Artices Tagged ‘unemployment’

ASA: Spike in Temporary Jobs Hits 20-Year High

by Elaine Rigoli January 8th, 2010

The American Staffing Association claims that continued growth in temporary help bodes well for overall job growth, a nod to the latest job numbers released by the Bureau of Labor Statistics on Friday. In the new BLS report, data shows that: Temporary help employment increased by 2.5%, seasonally adjusted, from November to December. Despite several sectors of [...]

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Unemployment Drops On Lowest Job Loss in 2 Years

by John Zappe December 4th, 2009

Rejoice. Do a happy dance. Say “Hallelujah.” Again. “Hallelujah.” The unemployment rate has dropped to 10 percent. Job losses for November were 11,000, the lowest since December 2007, the last month that the number of jobs in the U.S. actually grew. The U.S. Bureau of Labor Statistics, which released November’s jobs numbers a few hours ago, [...]

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Stanton Chase: Insights on the 9.7% Unemployment Rate

by Bruce Serbin September 24th, 2009

The unemployment rate hit a 26-year high, reaching 9.7% in August. That’s even more disappointing news considering that in July, the unemployment rate fell for the first time in 15 months. Perhaps the only bit of good news — if you can call it that — is employers cut fewer jobs in August than they did [...]

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663,000 Jobs Lost in March

by Elaine Rigoli April 3rd, 2009

The nation’s unemployment rate rose from 8.1% to 8.5% in March. Since the recession began in December 2007, 5.1 million jobs have been lost, with almost two-thirds (3.3 million) of the decrease occurring in the last five months. According to BLS data for March, professional and business services lost 133,000 jobs, while financial activities lost 43,000 [...]

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By the Numbers: Unemployment at 8.1% and Other Sad Figures

by Elaine Rigoli March 6th, 2009

The United States has lost 4.4 million jobs since the recession began officially in December 2007, with the nation’s unemployment now hitting 8.1%. This rate is the highest since December 1983, when the jobless rate was 8.3%. The only pockets of growth in February were in government, education and healthcare services, according to the latest [...]

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Look Who’s Hiring!

by Elaine Rigoli December 15th, 2008

For 39-year-old laid-off working mom Lisa Lopez, it took more than nine months of searching before she landed a new job in Florida. And you’ll never guess where: at the local unemployment office! There is “soaring demand” in many state agencies that distribute unemployment benefits and try to help laid-off workers. State employment departments are reporting a [...]

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Worst Month Since December 1974

by Elaine Rigoli December 5th, 2008

Oh, what a month! The U.S. lost 533,000 jobs in November, the highest rate in 34 years (since 1974). This moves the nation’s unemployment rate to 6.7%; it was 6.5% in October. According to fresh Labor Department data, economists had actually predicted a 6.8% unemployment rate for November — yet they only predicted that 320,000 jobs [...]

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Underemployment at 14-Year High

by Elaine Rigoli October 21st, 2008

What is underemployment? According to a new report by the Economic Policy Institute, it now affects about 11% of our country’s workers. This includes part-time workers who want full-time jobs (“involuntarily” part-time workers) and jobless workers who want a job but are not actively seeking employment (“marginally attached” workers). This 11% underemployment rate is the highest [...]

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