Employment drops in a pink slip blizzard
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SHOWER OF PINK SLIPS: U.S. employers cut jobs last month for the first time in more than four years, the starkest signal yet that the economy is grinding to a halt if it hasn't already toppled into recession. Employers cut jobs by 17,000.
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Unemployment jumped to its highest rate in two years and new hiring slowed to a trickle in December as a cooling economy and a continued downturn in the housing sector registered soundly in the country's labor force.
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The new forecast will reflect the drag from the housing slump and a slightly lower-than-expected unemployment rate.
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The number of workers filing new claims for jobless aid unexpectedly fell 15,000 last week to its lowest in four months, according to government data on Thursday that underscored a stronger labor market.
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The number of U.S. workers seeking  first-time jobless claims plunged last week, as expected, after  surging the prior week during the start of the holiday season,  a government report showed on Thursday.
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The number of U.S. workers signing up for first-time jobless benefits fell to a seasonally adjusted 308,000 last week, slightly lower than expected, a government report on Thursday showed.
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The number of Americans applying for first-time jobless aid unexpectedly fell by 5,000 last week, according to a government report released on Thursday that offered a dose of cheer for the job market.
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The number of U.S. workers seeking  first-time jobless benefits fell by an unexpected 20,000 in the  latest week, according to a government report on Thursday that  suggested vigor in labor markets.
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The number of Americans filing initial claims for jobless pay fell by much more than expected last week to 317,000 in the steepest decline in three years, Labor Department data showed on Thursday.
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The number of newly laid off workers filing claims for unemployment benefits fell to the lowest level in nearly four months last week, but the decline was viewed as overstating the strength in the labor market.
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The number of Americans filing initial claims for jobless aid unexpectedly plunged 48,000 last week, the largest drop in more than three years, according to a government report on Wednesday that suggested job market conditions may be improving.
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WASHINGTON - The number of new applications filed last week for unemployment benefits fell sharply, offering a hopeful sign that the recovery in the job market may be gaining some steam.    The Labor Department reported Thursday that the number of new people signing up for unemployment insurance benefits dropped by a seasonally adjusted 37,000 to 335,000, the lowest level since the beginning of September...
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The number of workers filing new  claims for jobless aid unexpectedly fell 15,000 last week to  its lowest in four months, according to government data on  Thursday that underscored a stronger labor market.
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Financial markets were hit hard by a disappointing jobs report.
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The Labor Department says the number of Americans filing new claims for unemployment benefits declined by a seasonally adjusted 3,000 last week.
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The number of U.S. workers signing  up for first-time jobless benefits fell to a seasonally  adjusted 308,000 last week, slightly lower than expected, a  government report on Thursday showed.
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The nation's labor market softened a bit in the new year, with the unemployment rate edging up to 4.6 percent in January as job growth slowed, the Labor Department said today.