unemployment rate

Economy grows at 2.5% in third quarter, easing recession fears

The economy grew at an annual rate of 2.5% in the three months ending Sept. 30, the government reported, easing fears that the nation would fall into a second recession but still too slow a pace to cut significantly into the high unemployment rate.

Senh: At least we're not heading into another recession. Any growth is good right now.

California's unemployment rate dips in September

California's unemployment rate dipped below 12% in September, and nearly 12,000 new jobs were created.

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Obama Approval Rating: Likability Factor Keeping President Afloat

People like Christine Alonzo are keeping President Barack Obama afloat and giving his political team hope that he can win re-election despite high unemployment and sour attitudes about his policies and the country's future.

Obama plan would make small dent in jobless rate

Even if Congress heeds President Barack Obama's demands to "pass this bill right away" and enacts his jobs and tax plan in its entirety, the unemployment rate probably still would hover in nosebleed territory for at least three more years.

Senh: I would be happy with a 0.5% dent in the unemployment rate. If this jobs bill can produce a 1% drop in unemployment, that's pretty good. What do people expect, that Obama can instantly flick a switch and get unemployment back to pre-recession levels. That's unreasonable. A little bit at a time and eventually, we'll recover from this economic crisis.

Jobless rates in 20 states top national rate in August

Jobless rates in 20 states were above the national rate of 9.1 percent in August, with Nevada's level springing up to 13.4 percent, the Labor Department said on Friday.

U.S. adds no net jobs in August; unemployment remains 9.1%

Job creation came to a halt in August, according to new government data that show an economic recovery that appears to be sputtering out. The Labor Department on Friday reported zero net job creation in August, far worse than the 68,000 net jobs analysts had expected to be added. The unemployment rate was unchanged at 9.1 percent. The July job growth number was revised downward, as well, to only 85,000 jobs added that month — not the 117,000 estimated.

Unemployment dips to 9.1% as employers add 117,000 new jobs

Job growth in the U.S. rebounded higher in July and the unemployment rate edged lower, the government reported Friday, providing a pinch of good news amid turmoil in global markets and intensifying fears of a recession.