| Jul 8, 2014
| 7:12 AM
Small-business owners were less optimistic about the economy last month despite reporting their best job creation plans since 2007, according to a leading private survey released Tuesday.
The optimism index from the National Federation of Independent...
| Aug 19, 2014
| 7:00 AM
At the Los Angeles Area Chamber of Commerce this week, U.S. Labor Secretary Thomas Perez kicked off a cross-country, pre-Labor Day tour to champion higher minimum wages, higher-wage jobs and other causes in talks with employers, workers and local leaders....
| Aug 28, 2014
| 6:58 AM
The economic rebound in the second quarter was stronger than previously estimated, another sign of a recovery gaining momentum after stalling early in the year.
The Commerce Department said Thursday that gross domestic product, the broadest measure of...
| Jul 10, 2014
| 4:27 AM
Initial jobless claims fell to near a seven-year low last week in a sign of continued improvement in the labor market.
About 304,000 people filed for first-time unemployment benefits in the week ended Saturday, down 11,000 from the previous week, the...
| Dec 31, 2014
| 8:36 AM
Initial applications for unemployment benefits rose more than expected last week, but remained low, the Labor Department said Wednesday.
Claims for jobless benefits increased by 17,000 from the previous week to 298,000. Economists had expected claims to...
| Dec 30, 2014
| 11:52 AM
The Lehigh Valley employment picture is heading into 2015 in better shape than last year.
Seasonally adjusted unemployment dipped a fourth straight month in November for the four-county metro region, according to government data released Tuesday....
| Dec 22, 2014
| 10:39 AM
Illinois hasn't escaped the clutches of the Great Recession.
Since the end of the recession more than five years ago, the state's economic performance has been disappointing. In particular the labor market has improved quite slowly, despite increased...
| Dec 24, 2014
| 6:46 AM
Initial jobless claims fell last week to 280,000, continuing the positive momentum for the labor market as the year ends, the Labor Department said Wednesday.
The closely watched figure was down 9,000 from the previous week's revised level.
| Dec 29, 2014
The biggest Lehigh Valley business stories of 2014 involved the region's biggest businesses.
The Morning Call reported in March that PPL Corp., one of the two Fortune 500 companies based in the Lehigh Valley, was poised to unload PPL Supply. In June,...
| Dec 12, 2014
| 8:00 AM
Veterans ages 18 to 54 had similar, or slightly lower, rates of unemployment than their civilian counterparts from 2000-2013, but older veterans were more likely than their peers to be unemployed, according to a new report by the U.S. Department of...
| Dec 17, 2014
| 11:15 AM
The Federal Reserve signaled Wednesday that its first interest rate hike in eight years is approaching as policymakers stopped indicating that short-term rates would remain near zero for “a considerable time.”
Instead, the Fed said in a...