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Unemployment Rate

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  • Labor Day

    Labor Day marks the unofficial end of the summer and the beginning of the school year. Beyond barbecues, picnics and back-to-school sales, the day has a greater meaning. Labor Day became a federal holiday in 1894 and according to the Labor Department, the day "is dedicated to the social and economic achievements of American workers. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country."
  • Lehigh Valley workers finding jobs

    Lehigh Valley workers finding jobs
    After nearly two years of unemployment, Paul Bunting believes his luck has finally turned, as it has recently for many Lehigh Valley job seekers benefiting from the region's improving economic fortunes. The 61-year-old Lower Nazareth Township resident, a...

    Fed in 'real debate' on rate hike in early to mid-2015: Lockhart

    JACKSON HOLE Wyo. (Reuters) - The U.S. Federal Reserve is focused on an initial interest rate hike between the first quarter and the middle of next year, with possible changes in its main policy statement as soon as next month, Atlanta Fed President...

    Jobless claims fell more than expected last week

    Initial jobless claims dropped more than forecast last week, underscoring improvement in the labor market. New claims for unemployment benefits fell by 14,000 from the previous week to 298,000, the Labor Department said Thursday. Economists had expected...

    U.S. housing, jobs data bolster economic outlook

    WASHINGTON (Reuters) - U.S. home resales rose to a 10-month high in July and the number of Americans filing new claims for unemployment benefits fell last week, signaling strength in the economy early in the third quarter. The growth outlook was...