| Sep 5, 2013
| 6:31 AM
WASHINGTON -- Private-sector hiring slowed last month as employers added 176,000 new jobs, but the gains were consistent with the labor market's steady though unspectacular growth over the last two years, payroll processing firm ADP said Thursday....
| Feb 13, 2014
| 6:09 AM
WASHINGTON -- Initial jobless claims rose last week, but remained at a level consistent with moderate labor market growth amid mixed signals recently about the strength of the economic recovery.
About 339,000 people applied for first-time unemployment...
| Dec 19, 2013
| 6:46 AM
WASHINGTON — Initial jobless claims unexpectedly jumped last week to the highest level since March, the Labor Department said Thursday, countering recent upbeat economic data and reflecting holiday season volatility.
The number of people filing...
| Oct 9, 2013
| 11:38 AM
It took a month before the state Employment Development Department said it got a handle on about 124,000 backlogged unemployment benefits claim after a computer upgrade inadvertently halted payments.
Now another problem: Thousands of Californians who...
| Oct 24, 2013
| 7:02 AM
WASHINGTON -- First-time jobless claims dropped last week as fewer federal workers applied for benefits, but the figures remained inflated by the 16-day partial government shutdown.
The total number of people filing for initial unemployment benefits...
| Sep 25, 2013
| 8:05 AM
The state Employment Development Department said late Tuesday it will begin to pay out all backlogged unemployment benefits as soon as Thursday.
The backlog of about 80,000 claims began when the EDD upgraded its 30-year-old computer system over Labor...
| Jan 22, 2014
"Poverty is not some rare disease from which the rest of us are all immune," a leading American politician said last week. "It is but the worst strain of a widespread disease otherwise known as economic insecurity. Most families worry about making ends...
| Jan 16, 2014
| 6:39 AM
WASHINGTON -- Initial jobless claims dropped slightly last week to the lowest level since November, the Labor Department said Thursday.
The number of people filing for first-time unemployment benefits fell to 326,000 from a downwardly revised 328,000...
| Nov 6, 2013
| 12:17 PM
Underway in Sacramento, an Assembly panel is questioning officials about the botched rollout of an upgrade to the California unemployment benefits system.
It took two weeks for officials at California's Employment Development Department to realize there...
| Nov 15, 2013
| 7:51 AM
WASHINGTON -- Moody's Investor Services on Friday said it cut the credit ratings for four big U.S. banks because of reduced chances the government would bail them out in a future crisis.
The ratings for bank holding company debt of JP Morgan Chase & Co....
| Nov 14, 2013
| 8:39 AM
WASHINGTON -- Federal Reserve chair nominee Janet L. Yellen strongly defended the central bank's stimulus efforts under questioning at her Senate confirmation hearing Thursday, saying the controversial bond-buying program has helped the economy recover....