| Jan 9, 2015
| 5:50 AM
WASHINGTON (AP) — The United States capped its best year for hiring in 15 years with a healthy gain in December, and the unemployment rate reached a six-year low. The numbers support expectations that the United States will strengthen further this...
| Jan 9, 2015
| 6:17 AM
Ignoring the economic troubles in the rest of the world, the U.S. added another large batch of new jobs in December to conclude its best year of hiring since 1999.
The Labor Department said Friday that employers took on 252,000 net new workers last...
| 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...
| Dec 18, 2014
| 9:14 AM
Initial jobless claims fell more than expected last week, underscoring an improved labor market.
First-time applications for unemployment benefits fell 6,000 from the previous week to 289,000, the Labor Department said Thursday. Economists had...
| Dec 18, 2014
| 5:12 PM
Connecticut's economy is roaring, with 4,600 jobs added in November, 4,300 added in October, and more than 25,000 new jobs in the past 12 months, according to a report released Thursday.
The last time the state's job base grew by more than 25,000 was in...