Economy NewsRSS

Hiring surges in January; jobless rate at 8.3 pct. (AP)

In this Jan. 30, 2012, UPS Store employee, Candy Mojica, weighs packages before shipping at The UPS Store in the Lake Balboa area of Los Angeles. The unemployment rate fell for the fifth straight month after a surge of January hiring, a promising shift in the nation's outlook for job growth. (AP Photo/Damian Dovarganes)AP - In a long-awaited surge of hiring, companies added 243,000 jobs in January — across the economy, up and down the pay scale and far more than just about anyone expected. Unemployment fell to 8.3 percent, the lowest in three years.


02/03/2012 11:51 PM

Obama pushes for veterans jobs programs (AP)
AP - In an effort to cut the unemployment rate among veterans, President Barack Obama is calling for a new conservation program that would put veterans to work rebuilding trails, roads and levees on public lands.
02/03/2012 09:19 PM

Unemployment falls sharply in US, rises in Europe (AP)
AP - Unemployment falls sharply in US, rises in Europe
02/03/2012 05:40 PM

Jobless rate at 3-year low as payrolls surge (Reuters)
Reuters - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.
02/03/2012 05:14 PM

California to borrow internally to raise cash (Reuters)
Reuters - California Governor Jerry Brown signed a bill on Friday allowing the state government to borrow from internal funds to build up its cash, which the controller earlier this week said was quickly dwindling.
02/03/2012 05:06 PM

A sample of companies that are hiring, at a glance (AP)
AP - Employers across a range of industries have stepped up hiring. The economy gained 243,000 jobs in January, the most since last April. The hiring spree helped lower the unemployment rate for a fifth straight month, to 8.3 percent.
02/03/2012 04:56 PM

Obama plan would hire vets as cops, firefighters (Reuters)
Reuters - President Barack Obama on Friday announced measures to hire Iraq and Afghanistan veterans to restore national parks and work as police and firefighters in a bid to cut veterans' above-average unemployment rate.
02/03/2012 04:19 PM

Oil prices rise after drop in US hiring expands (AP)

FILE- A gas pipeline worker, checks the valves at the gas pumping station at Pisarevka, Russia, in this file photo dated Tuesday, Jan. 13, 2009.  European nations, that get much of their natural gas supplies from a trans-Russia-Ukraine pipeline, reported significant cutbacks in supplies Thursday Feb. 2, 2012, although the cut is disputed by Ukraine, as winter temperatures across Europe plunged to record lows. (AP Photo/Svetlana Kozlenko, file)AP - A surge in U.S. hiring lifted oil prices for the first time in a week. As more Americans commute to work and the economy picks up, demand for energy is expected to rise.


02/03/2012 03:56 PM

Unemployment rate hinges on more than job gains (AP)
AP - For most people, the 8.3 percent unemployment rate is the most visible sign of the economy's health. The rate's every movement is closely watched, especially in an election year.
02/03/2012 03:50 PM

Year-over-year unemployment rates by age and sex (AP)
AP - Year-over-year unemployment rates by age and sex
02/03/2012 03:29 PM

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