Content Tagged As jobless

1 year 11 months ago

September jobless rate drops

WASHINGTON (AP) - The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years. The rate fell because more people found work, a trend that could impact the presidential election. The Labor Department says employers added 114,000 jobs in...

2 years 2 months ago

Jobless claims sink to lowest in 4 years

WASHINGTON (AP) - The number of people seeking unemployment benefits plunged last week to the lowest level in four years, a hopeful sign for the job market. But the decline was partly due to temporary factors. The Labor Department says weekly applications dropped 26,000 to a seasonally adjusted 350,000, the...

2 years 5 months ago

Colorado unemployment rate unchanged

Colorado's jobless rate stayed the same from January to February. It stands at 7.8 percent. The national unemployment rate for February was 8.3 percent. Employers in Colorado added 4,700 non-farm jobs from January to February. The largest job gains were in education, health services, trade, transportation and utilities....

3 years 4 months ago

El Paso County unemployment takes big drop

Unemployment fell sharply in El Paso County in March. The latest numbers from the Colorado Department of Labor put the Colorado Springs area jobless rate at 9.7 percent in March, compared with 10.2 percent in February. Those numbers are from Teller and El Paso Counties. Pueblo's unemployment numbers fell...

3 years 4 months ago

Colorado unemployment rate drops slightly

DENVER (AP) - Colorado labor officials say the state unemployment rate dipped to 9.2 percent in March, as employers added about 500 nonfarm payroll jobs over the month. The unemployment rate was 9.3 percent in February. The state labor department also said Tuesday that Coloradans are earning slightly more...

3 years 5 months ago

Western Slope job outlook poor

GRAND JUNCTION, Colo. (AP) - Despite new job orders in energy and construction, Colorado's Western Slope is coping with near-record jobless rates. Grand Junction's unemployment rate has tripled in the past two years and stands at above 11 percent. Mesa County reports that several hundred people apply for...

3 years 6 months ago

Local jobless rate jumps

DENVER (AP) - The Colorado unemployment rate hit 9.1 percent in January, topping the U.S. rate of 9 percent. That's up from 8.9 percent in Colorado a year earlier. The Colorado Department of Labor and Employment said Thursday that almost 2.43 million Coloradans have jobs, down about 1 percent...

3 years 8 months ago

Jobless rate falls

LANDOVER, Md. (AP) - President Barack Obama says a new jobs report shows a trend in the right direction even though the numbers are fluctuating and hiring and growth must still accelerate. The December jobs report out Friday morning showed the natio.n's unemployment rate fell to 9.4 percent, the...

3 years 10 months ago

State jobless rate up slightly

Colorado's seasonally adjusted unemployment rate increased one-tenth of one percentage point to 8.2 percent in September from the revised August rate of 8.1 percent, according to Donald J. Mares, Executive Director of the Colorado Department of Labor and Employment. "Colorado's economy remains relatively flat," Mares said. "We have not seen...

3 years 11 months ago

Economy loses 95K jobs in September

It's official--the jobless rate has now topped 9.5 percent for 14 straight months, the longest stretch since the 1930s. A wave of government layoffs last month outpaced weak hiring in the private sector, pushing down the nation's payrolls by a net total of 95,000 jobs. The Labor Department...

4 years 5 days ago

New filings for jobless benefits tumble

The number of people signing up for unemployment benefits dropped to the lowest level in two months, an encouraging sign that companies aren't resorting to deeper layoffs even as the economy has lost momentum. The Labor Department says new claims for unemployment aid dropped last week by a seasonally...

4 years 3 weeks ago

El Paso County unemployment rate drops slightly

Colorado's seasonally adjusted unemployment rate remained the same in July at 8 percent. "Four months of stability in the unemployment rate combined with two months of notable private-sector job growth is encouraging news," said Donald J. Mares, Executive Director of the Colorado Department of Labor and Employment. "Our challenge...

4 years 3 weeks ago

Worst unemployment report of the year released

New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are likely cutting jobs again as the economy slows. The Labor Department said Thursday that initial claims for jobless benefits rose by 12,000 last week to 500,000, the...

4 years 1 month ago

New unemployment claims surge to 484,000

New applications for unemployment insurance rose last week to their highest level in almost six months, a sign that employers are still cutting their staffs. The Labor Department says first-time claims for jobless benefits edged up by 2,000 to a seasonally adjusted 484,000. Analysts had expected a drop....

4 years 1 month ago

New unemployment claims on the rise

Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies are still cutting workers. The Labor Department says new claims for unemployment insurance rose by 19,000 to a seasonally adjusted 479,000. Analysts had expected a small...

4 years 2 months ago

Colorado jobless rate hovers around 8 percent

The Colorado unemployment rate held steady at 8 percent in May. That's slightly lower than 8.2 percent a year ago. The rate is adjusted for seasonal differences. Colorado Department of Labor and Employment Executive Director Donald Mares said Friday that the labor market is still weak, although hiring by...

4 years 3 months ago

Jobless claims drop to 460,000 last week

The number of newly laid off workers filings claims for unemployment benefits dropped last week but the level still remained higher than expected, indicating only modest improvements in the job market. Applications for unemployment befits fell by 14,000 to 460,000 last week. Economists had expected the level would fall...

4 years 4 months ago

Colorado jobless rate up slightly

Labor officials say Colorado experienced its first year over year drop in the number of job seekers since October 2007 with 209,800 people looking for work last month, compared with 211,700 in March 2009, but the jobless rate jumped slightly. Labor officials say the jobless rate in March was...

4 years 5 months ago

Bernanke: U.S. 'far from being out of the woods'

Problems in the housing market and high unemployment are the biggest economic challenges the nation faces, Federal Reserve Chairman Ben Bernanke said Wednesday. After suffering through the worst recession since the 1930s, the economy seems to have stabilized and is growing again, Bernanke said. But he warned: "We are...

4 years 5 months ago

Temporary census jobs boost employment

The nation's economy created the largest number of jobs last month since the recession began, bolstered by thousands of temporary census jobs. The unemployment rate remained at 9.7 percent for the third straight month. The Labor Department said employers added 162,000 jobs in March, the most in three years...

4 years 5 months ago

First-time jobless claims drop slightly

The number of newly laid-off workers requesting jobless benefits fell slightly last week for the third straight week. But initial claims remain above levels that would signal net job gains. The Labor Department says new claims for unemployment insurance fell 5,000 to a seasonally adjusted 457,000. That nearly matched...

4 years 6 months ago

Jobless aid measure passes Senate

The Senate has passed legislation to give months of continued jobless checks to people who have been out of work for more than half a year and help the unemployed pay for health insurance. The jobless aid accompanies a host of other provisions that would prevent doctors from absorbing...

4 years 6 months ago

Unemployment soars in Southern Colorado

The unemployment rate soared in January in El Paso and Pueblo counties, according to figures released Wednesday by the Colorado Department of Labor. El Paso County has an unemployment rate of 8.9-percent, while Pueblo County's is 9.5-percent. The figures are not seasonally adjusted, so a spike from December...

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