Stories tagged "unemployment"

**Giveaway alert! Read through to the end!** One frugal blogger realizes that her financial situation may, in fact, be what most people dread. Then she wonders what all the fuss is about.

John McCain went on the offensive Thursday in a key battleground state, hoping to blunt criticism that he was indirectly responsible for the possible loss of more than 8,000 jobs in Wilmington, Ohio.

The unemployment jumped to 5.7 percent in July, up from 5.5 percent reading in June 2008. It’s the highest unemployment rate in four years since March 2004. The non-farm jobs vanished by 51,000 in the month, which were the heaviest in industries hard hi

Even a slow-mo economic crisis can do a lot of damage if it goes on for a year and counting.

The American economy expanded more slowly than expected from April to June, while numbers for the last three months of 2007 were revised downward to show a contraction — the first official slide backward since the last recession in 2001.

The unemployment rate rose to 5.7 percent in July, a four-year high. But some say the number conceals the true toll of the economy, which can be seen in people forced to work part time because their hours were cut, or they couldn't find full-time jobs.

Payrolls contracted for the seventh consecutive month, but the loss was less than the 75,000 jobs that economists had expected.

In this bad economy, people are getting used to certain truths. Among them, gas prices are up, economic growth is down, and unemployment is on the rise. According to the newest statistics released by the U.S. Department of Labor (DOL) for June 2008....

Widespread fear about the financial sector brought a dramatic end to the recent stock rally, sending the Dow Jones industrials down 283 points.

Small rise from May brings the gauge to a nearly five-year high. The Los Angeles area has suffered substantial losses since a year earlier.