by Rebecca Tonn Published: August 27,2010
Tags: Employment, unemployment
JD Farmer rents a modest, 900-square-foot house on the Westside. Surrounded by hundreds of books, photos of his children and a “fish tremble when they hear my name” plaque, Farmer has turned the place into a home. But how long he’ll be able to remain is uncertain. A single father, Farmer lost his job almost two years [...] [...]
by Amy Gillentine Published: August 20,2010
Colorado Springs unemployment rates rose to 8.8 percent, higher than the state average and the local level in more than a year. Job growth statewide was down from a year ago, as well - only 1,900 jobs were created in July, significantly lower than the 25,200 jobs created during the same period in 2009. July jobless numbers [...] [...]
by Associated Press Published: August 20,2010
Tags: Stocks, unemployment
Stocks tumbled today after two disappointing economic reports renewed investors’ concerns about the pace of the recovery. The Dow Jones industrial average fell 144 points. All the major stock indexes fell more than 1 percent. Interest rates also fell sharply as investors moved back into the safety of Treasury bonds. The Labor Department said initial claims for [...] [...]
by Associated Press Published: August 19,2010
Tags: recession, unemployment
New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are cutting jobs again as the recovery slows. The Labor Department says initial claims for jobless benefits rose by 12,000 last week to 500,000, the fourth increase in the past five weeks. Wall Street economists [...] [...]
by Rob Larimer Published: August 17,2010
Tags: Gallup, recession, unemployment
A Gallup poll says that 18.4 percent of U.S. workers say they are either unemployed or underemployed. The survey of 81.6 percent have jobs, but the unemployed/underemployed number has been between the high-teens and 20 percent throughout the year. Gallup surveys 19,800 American workers each month. “Underemployed” is defined as working part-time while wanting to work full-time. The [...] [...]
by Associated Press Published: August 11,2010
Tags: Foreclosure, recession, unemployment
The Obama administration is providing $3 billion to unemployed homeowners facing foreclosure in the nation’s toughest job markets. The Treasury Department says it will send $2 billion to 17 states that have unemployment rates higher than the national average for a year. They will use the money for programs to aid unemployed homeowners. Some of those [...] [...]
by Associated Press Published: August 5,2010
Tags: jobless, unemployment
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. The Labor Department said Thursday that new claims for unemployment insurance rose by 19,000 to a seasonally adjusted 479,000. Analysts had expected a small drop. Claims have risen twice [...] [...]
by admin Published: July 29,2010
Tags: unemployment
New jobless claims fell last week for the third time in four weeks but remain elevated. The decline is a sign that the economy likely added jobs in July, although not enough to lower the nation’s high unemployment rate. First-time claims for unemployment insurance dropped by 11,000 to a seasonally adjusted 457,000, the Labor Department said [...] [...]
by admin Published: July 22,2010
Tags: jobless, unemployment
New jobless claims jumped last week by the most since February, reversing the previous week’s sharp decline. The rise is partly a result of seasonal factors but also reflects the job market’s weakness. New claims for unemployment insurance jumped by 37,000 to a seasonally adjusted 464,000, the Labor Department said today. The sharp increase comes after claims [...] [...]
by admin Published: July 20,2010
Tags: recession, Senate, unemployment
Legislation to restore unemployment benefits to millions who have been out of work for more than six months broke free of Senate Republican delaying tactics today. Senators voted 60-40 to move ahead on the bill, clearing the way for a final Senate vote later on Tuesday. The measure would restore jobless checks for 2.5 million people [...] [...]
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