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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Economy Watch Archive: Unemployment

Behind the unemployment rate: Private-sector hiring still weak

As we do every month, let's unpack the data buried in today's June jobs report from the Labor Department's Bureau of Labor Statistics: Headline numbers: The official U.S. unemployment rate dropped from 9.7 percent to 9.5 percent. About 125,000 jobs...

By Frank Ahrens  |  July 2, 2010; 2:50 PM ET  |  Permalink  |  Comments (8)
Categories:  Data , Unemployment  
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June unemployment rate drops to 9.5 percent but 125,000 jobs lost

The official June unemployment rate came in at 9.5 percent, down from 9.7 percent in May, the lowest number since last summer. The economy shed 125,000 jobs last month, BUT that includes letting go of 225,000 temporary U.S. Census workers....

By Frank Ahrens  |  July 2, 2010; 8:41 AM ET  |  Permalink  |  Comments (50)
Categories:  Unemployment  
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New weekly jobless claims rise by 13,000, surprising forecasters

New weekly jobless claims filed last week rose by 13,000 to 472,000, surprising forecasters who predicted a slight drop from the week before. The four-week moving average of new jobless claims, which smooths out week-to-week volatility, rose by 3,250 to...

By Frank Ahrens  |  July 1, 2010; 8:56 AM ET  |  Permalink  |  Comments (19)
Categories:  Unemployment  
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Report: Private sector added only 13,000 jobs in June

The private sector of the U.S. economy added only 13,000 jobs in June, according to ADP employment services, a disappointing number that came in below estimates and portends bad things from the government's June jobs report due out Friday. In...

By Frank Ahrens  |  June 30, 2010; 8:48 AM ET  |  Permalink  |  Comments (36)
Categories:  Unemployment  
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New weekly jobless claims drop by 19,000; May durable goods orders down, too

The number of new jobless claims filed last week fell by 19,000 to 457,000, the Labor Department reported moments ago, in line with expectations. The number of continuing claims remains near 4.5 million. The official U.S. unemployment rate for May...

By Frank Ahrens  |  June 24, 2010; 8:48 AM ET  |  Permalink  |  Comments (9)
Categories:  Unemployment  
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Area in recovery as jobless rate drops in May

Unemployment levels in the District, Maryland and Virginia fell in May, according to government data released Friday.

By V. Dion Haynes  |  June 18, 2010; 2:41 PM ET  |  Permalink  |  Comments (0)
Categories:  Unemployment  
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Older Entries in This Category »

Truer unemployment rate rises to 17.1%, Frank Ahrens , May 7, 2010
Number of new jobless claims dips slightly, Frank Ahrens , April 1, 2010
GDP + consumer confidence numbers = stagnation, Frank Ahrens , March 26, 2010
Stocks close after day-long rally, Frank Ahrens , March 5, 2010
Truer unemployment rate rises to 16.8%, Frank Ahrens , March 5, 2010
New jobless claims unexpectedly rise 22,000, Frank Ahrens , February 25, 2010
Stocks rally, erase day's losses, Frank Ahrens , February 5, 2010
Truer unemployment rate drops to 16.5%, Frank Ahrens , February 5, 2010
Don't be fooled by unemployment holding at 10%, Frank Ahrens , January 8, 2010
Truer unemployment rate rises to 17.3%, Frank Ahrens , January 8, 2010
All eyes on Friday's jobs report, Frank Ahrens , January 7, 2010
 
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