Unemployment, Records | featured news

The data is likely to put pressure on the European Central Bank to cut interest rates at its next meeting.

The number of Americans on food stamps hit a record high in June, and economists don't expect much improvement as long as unemployment remains high. Those receiving benefits through the Supplemental Nutrition Assistance Program numbered 46.37 million, the government said in a report that hit just days ahead of the monthly nonfarm payrolls report, which the Labor Department releases Friday.

A six-month decline in mortgage rates has spurred a surge in refinancing while doing little to increase property demand as US unemployment hovers near 10 percent.

Soaring unemployment and a shrinking economy drove delinquencies on credit card debt to an all-time high in the first quarter.

New jobless claims rose more than expected last week due partly to an increase in layoffs by the automobile industry, while the number of people continuing to receive unemployment benefits set a record for the 15th straight week.

California's unemployment rate hit 11.2% with the loss of 62,100 jobs last month, reaching its highest level since the government began keeping systematic records in 1976, the state reported today.

Labor market takes a beating as 669,000 new unemployment claims emerge last week.

Claims for unemployment insurance jump, those living on unemployment benefits hits record high.

Confidence among US consumers plunged to a record low in February, signaling spending will slump further as unemployment soars.

Canada suffered its worst job losses in more than three decades in January as the recession forced employers to cut a record ...