In the midst of more robust — albeit less than dazzling — winter job gains, the addition of 88,000 in March arrives as a sobering reminder of how tough the slog is for a recovering American economy. What else does...
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Job seekers speak to representatives of employers at a job fair at the Jewish Community Center in Manhattan on March 6, 2013 in New York City.
Slow Job Growth: Political Season Open
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Migrant farm workers from Mexico a day of harvesting organic vegetables in Wellington, Colorado.
House Ready to Make Undocumented ‘Real Americans:’ Diaz-Balart
A group of U.S. House members will propose steps to legal status for undocumented immigrants, who shouldn’t be living here permanently without a chance to become “real Americans,” said Rep. Mario Diaz-Balart. Bringing many of the approximately 11 million undocumented immigrants “out of the...
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People are reflected in the side of a Cigarette boat as they look at boats on display at The Miami International Boat Show.
Consumers: No Hint of Job-Market Slump
The Bloomberg Consumer Comfort Index was at minus 34.1 in the week ended March 31, up less than a half point from the prior week as measures of the state of the economy and buying climate improved. What’s been the...
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A protester during a demonstration by federal employees outside the Department of Labor, with the Capitol in the background, in Washington, D.C., on March 20, 2013.
Union to Pentagon: Stop Throwing Us Crumbs
The head of a union representing government workers is upset that the Pentagon is planning to furlough employees for 14 days while continuing to spend hundreds of billions of dollars on contracts with private firms. The unpaid leave for the...
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Job seekers wait in a line to see recruiters at a job fair organized by United Career Fairs in New York, on Feb. 19, 2013.
Economists Mark Down Payroll Forecasts as Data Disappoint
The last few bits of data ahead of April 6 figures from the Labor Department are in, and the results were disappointing. The data are prompting some economists to cut payroll forecasts. Among the ingredients analysts toss into concocting their...
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A welder works inside a mud tank for a new oil and gas drilling rig at the Orion Drilling Co. manufacturing and fabrication facility in Corpus Christi, Texas.
Texas: Even Employment Gains Bigger
God Bless Texas… and North Dakota, and Utah. Texas led all the states in February with an 80,600 increase in net hiring, the biggest gain since the U.S. Labor Department started keeping records in 1982, figures released on March 29...
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People repeat an oath of allegiance during a naturalization ceremony in San Diego, California, on March 20, 2013.
H-1B Visa Lottery: April’s Full Day
Filing season for the U.S. temporary, high-skilled H-1B visas opens April 1. If you ask immigration lawyer Shanon R. Stevenson, that will also be the day the visa cap is reached. That would be bad news for her clients. If...
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A job seeker waits to speak to a recruiter at a job fair organized by United Career Fairs in New York on Feb. 19, 2013.
Weak Job Market Not From Polarization: New York Fed
Job polarization is not the main reason the labor-market recovery has been weak, according to research by economists at the Federal Reserve Bank of New York issued today. The inference is the central bank can keep pumping money into financial...
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Job seekers wait to see recruiters at a job fair organized by United Career Fairs in New York.
Bloomberg by the Numbers: 339,750
That’s the four-week moving average of first-time claims for unemployment insurance, the lowest in five years. The monthly average, which is less volatile than the week-to-week measure, fell from 347,250 to the lowest level since February 2008. Applications for jobless...
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A "now hiring" sign is posted in the window of a Chase bank branch on Jan. 4, 2013 in San Rafael, California.
Bloomberg by the Numbers: 50
That’s how many months it’s been since the unemployment rate was lower than February’s 7.7 percent. Last month’s jobless rate was the lowest since December 2008, when the unemployment rate was 7.3 percent and rising amid a deep recession. The...
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