| Sep 17, 2014
| 11:35 AM
Federal Reserve policymakers on Wednesday cut their monthly bond-buying stimulus program by another $10 billion and held interest rates steady at near zero, offering no suggestions that they will raise them any time soon as the economic recovery improves....
| Sep 11, 2014
| 5:34 AM
The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but that probably does not signal a material shift in labor market conditions as claims remain near their pre-recession levels.
Initial claims for state...
| Sep 12, 2014
| 4:49 AM
This is what unemployment looks like in a shrinking casino town.
The line stretched from one end of the Atlantic City Convention Center to the other as more than 1,000 job seekers — many recently laid-off casino workers — waited to...
| Sep 10, 2014
| 5:00 AM
It has come down to this for Brian Perry: an apple or banana for lunch, Red Sox ballgames on an old Zenith TV and long walks to shake off the blues.
At 57, Perry has been unemployed and looking for work for nearly seven years, ever since that winter...
| Sep 3, 2014
| 12:22 PM
Friday, the Labor Department is expected to report that the economy added 230,000 jobs in August. The pace has picked up a bit but is still far less than needed to reemploy all the prime aged workers displaced in the wake of the financial crisis.
| Sep 4, 2014
| 6:40 AM
Private-sector job growth slowed a bit last month, but employers still added a fairly strong 204,000 net new positions, payroll firm Automatic Data Processing said Thursday.
The figure was a drop from July's downwardly revised 212,000 and below...
| Sep 5, 2014
| 6:25 AM
U.S. employers hired the fewest number of workers in eight months in August and more Americans gave up the hunt for jobs, providing a cautious Federal Reserve with more reasons to wait longer before raising interest rates.
Nonfarm payrolls increased 142,...
| Sep 5, 2014
| 8:21 AM
The disappointing 142,000 net new jobs added to the economy in August -– the second straight month of slower growth -- appears to be an anomaly and is not reason to panic that the recovery is faltering once again, economists said Friday.
| Sep 5, 2014
| 4:22 PM
Job growth wilted in August to 142,000, ending a six-month hiring hot streak with the worst performance of the year. But economists cautioned that it was not yet time to panic.
The report from the Labor Department on Friday was a major disappointment....
| Aug 26, 2014
| 7:57 PM
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...
| Aug 27, 2014
| 2:30 AM
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...