| Mar 6, 2014
| 5:59 AM
WASHINGTON -- Initial jobless claims fell sharply last week to their lowest level in three months, the Labor Department said Thursday, as a private report showed layoffs eased in February.
About 323,000 people filed for first-time unemployment...
| May 1, 2014
| 6:52 AM
First-time unemployment claims surprisingly jumped last week to a two-month high of 344,000, a downbeat sign ahead of Friday's jobs report.
The number of people filing for initial jobless benefits was up from the previous week's revised figure of 330,...
| Feb 25, 2014
| 7:20 PM
SACRAMENTO — Hundreds of thousands of jobless Californians last year appealed decisions of the troubled Employment Development Department, adding to months of delays in getting unemployment benefits.
After holding hearings, administrative law...
| Mar 5, 2014
| 11:48 AM
Wouldn't you know it: Just as social insurance advocates were breathing a sigh of relief that President Obama had dropped the obnoxious chained-CPI idea from his proposed budget, he sneaked another noxious idea into it.
This one undermines the Social...
| Mar 12, 2014
| 5:45 PM
SACRAMENTO — State lawmakers on Wednesday ordered a formal audit of the troubled Employment Development Department and how it may have botched the handling of thousands of unemployment insurance claims.
By a unanimous vote, a legislative committee...
| Mar 13, 2014
| 2:24 PM
WASHINGTON -- Key senators struck a bipartisan agreement Thursday to extend unemployment insurance for more than 2 million jobless Americans whose benefits have run out, though approval is not certain in the Republican-controlled House.
The proposal for...
| Mar 13, 2014
| 5:41 PM
SACRAMENTO — California's deficit-plagued unemployment insurance program missed out on more than half a billion dollars in federal money in recent years when state officials failed to take advantage of a new federal program.
The California state...
| Mar 13, 2014
| 6:11 PM
WASHINGTON — Key senators struck a bipartisan agreement to extend unemployment insurance for more than 2 million jobless Americans whose benefits have run out, though approval is not certain in the Republican-controlled House.
| Mar 14, 2014
| 4:38 AM
Major news services are reporting that the U.S. Senate has reached a deal to renew long-term unemployment insurance.
The bipartisan deal would provide unemployment benefits for five months after individuals' state benefits expire. Senate negotiators...
| Mar 16, 2014
| 5:00 AM
How's the U.S. economy doing?
If you're rich, the answer is "fabulously."
Here are some data points from Diane Swonk, chief economist for Mesirow Financial in Chicago. "Spending at luxury retailers has come back," she told the Senate Finance Committee...
| Apr 29, 2014
| 6:32 PM
Not far from once-booming Atlantic City, here's what the end of federal unemployment insurance looks like in a tattered community where the jobless rate is still almost twice the national average.
A solitary Republican congressman stands in the...