Recovery questioned as jobless claims jump

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could raise questions about whether companies are more hesitant to hire after the U.S. economy slowed in the fourth quarter and the global outlook darkened. Some 2.26 million people collected weekly.

Bad weather might have made those numbers worse by creating a backlog of people filing for unemployment benefits and putting some construction workers temporarily out of work, analysts said. But the. – Canada’s most comprehensive job search engine. Find your dream job today!

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Stocks dropped, led by declines in the largest U.S. companies including 3M Co., General Electric Co. and Boeing Co. that would be hurt by a slowdown in the recovery from. Barack Obama today said.

WASHINGTON, May 5 (Reuters) – The number of Americans filing for jobless aid rose to an eight-month high last week and productivity growth slowed in the first quarter, clouding the outlook for an.

Unemployment in the United States discusses the causes and measures of U.S. unemployment. As of September 2017, the employment recovery relative to the November 2007 (pre-recession) level was generally complete. The number of part-time workers jumped during 2008 and 2009 as a result of the recession,

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Jobless claims jump points to slowing recovery.. While the surprise jump in initial claims for unemployment benefits was blamed on factors ranging from spring break layoffs to the introduction.

There have been growing worries about a weakening of the recovery in the jobs market, especially after a disappointing april jobs report that showed employers adding far fewer jobs than expected..

Hispanics, a growing share of the labor force, actually had an increase in employment of 0.8 million, divided evenly between men and women, yet the men also suffered much higher unemployment. Asians, for whom there is no breakdown by sex, have had the sharpest jump in unemployment.4

 · By Michael Connor NEW YORK (Reuters) – Wall Street stocks tumbled on Thursday as investors exited technology and biotech shares, extending recent weakness and knocking the Nasdaq down by more than.

The new report dealt a setback to hopes that the economy is finally beginning to produce a sustained recovery in jobs. The Labor Department reported Thursday that the number of newly laid-off workers filing claims for unemployment benefits jumped by 30,000 last week to a seasonally adjusted level of 360,000.

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