Economy, Unemployment Rate | featured news

Economists think some of the missing workers have retired, have entered college or are getting by on government disability checks.

Fueling the demonstrators’ anger is the perceived failure by politicians to alleviate the hardships imposed on a struggling population by a jobless rate of 21 percent.

California's unemployment rate ticked down to 11.9% in April after the state added 8,900 jobs, a relatively small number in a state still suffering from the Great Recession.

This city is grappling with one of the most troubling contradictions of the new economy: Even as it has one of the nation's highest unemployment rates, it has thousands of job openings.

Employers added the most jobs in five months, but the unemployment rate remained stuck at 9.6 percent for the third straight month.

In the wake of a new jobs report showing increased unemployment, President Obama today said the steps his administration has taken to improve the economy are working, but not fast enough. He called on Congress to pass a small business bill and said he would announce next week a broader set of ideas to accelerate job creation.

Private employers added 67,000 jobs, more than forecast, but governments shed jobs in August, the Labor Department reported.

Bankruptcy filings have reached the highest level since 2005, data released Tuesday show, as the economy slows and the unemployment rate hovers just below double digits.

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Politicians destroyed jobs when they increased the minimum wage by more than 40 percent over a three-year period.

Fed chief Bernanke expressed confidence to Congress that the unfolding economic recovery will have staying power, but not fast enough to relieve high unemployment quickly.