List/Grid Tag Archives: unemployment
Woman swindles $48K in jobless benefits
INDIANAPOLIS (WISH) – Metro Police have arrested a woman accused of scamming the unemployment system. According to police, Amanda Beery received over $20,000 in unemployment benefits by using her ex-husband’s name and social security number without his knowledge.
Illinois Governor Quinn `Skeptical’ of Chicago Cubs Ballpark Bond Proposal
Illinois Governor Pat Quinn said he is dubious about a request from Major League Baseball’s Chicago Cubs for the state to sell $300 million of tax-exempt bonds to finance renovations of Wrigley Field . “I’m skeptical of the whole proposal,” Quinn told reporters today at the McCormick Place Convention Center in Chicago.
Japan economy losing pace despite solid 3Q growth (AP)
TOKYO – Japan’s growth accelerated in the July-September quarter thanks to robust consumer spending, offering a rare piece of positive economic news that is likely to prove fleeting. All signs indicate that the uptick is temporary, and momentum will almost certainly fade as slowing exports and a persistently strong yen take their toll on the world’s No.
Summary Box: Jobless claims fall in hopeful sign (AP)
CLAIMS IMPROVE: The number of people applying for unemployment benefits fell sharply last week to 435,000, the third drop in four weeks. The four-week average dropped to its lowest level in more than two years.
Jobless claims fall in hopeful sign for hiring (AP)
WASHINGTON – Fewer people applied for unemployment aid last week, the third drop in four weeks and a sign that more employers are hiring while layoffs are falling. If the decline continues, it could signal more hiring in the near future.
Summary Box: Strong jobs news doesn’t jolt market (AP)
LOSING MOMENTUM: Stocks failed to keep up the pace of their rally this week that was driven by the Fed’s $600 billion stimulus plan. The Dow Jones industrial average gained just 9 points Friday, but is still up 2.9 percent for the week.
Obama hunts jobs in Asia mission (AFP)
WASHINGTON (AFP) – US President Barack Obama left for Asia on a mission to pry open markets to ease the US unemployment crisis, even as new data showed a spurt in job creation — too late to save his Democrats in mid-term elections. The Labor Department reported that 151,000 nonfarm jobs were created in October, much better than expected, adding the first jobs since May although the unemployment rate remained unchanged at 9.6 percent for the third month.
Jobs crisis eases, but economy has long way to go (AP)
WASHINGTON – The economy added 151,000 jobs last month — the best showing since April, but only about half what it would take to put a noticeable dent in unemployment. Two big questions: What will it take for businesses to hire that vigorously again?
US adds jobs for first time since May (AFP)
WASHINGTON (AFP) – The United States saw a mini jobs boom in October, snapping a four-month streak of payroll losses but too weak to dent the high unemployment rate, official data showed Friday. The Labor Department reported a surprising 151,000 nonfarm jobs were added in October, while the jobless rate as expected remained unchanged at 9.6 percent for the third month in a row.
U.S. Jobs Up 151,000; Unemployment 9.6 Percent
Enlarge Paul Sakuma / AP Customers walk into a Chipotle restaurant, in Mountain View, Calif. Private employers hired 159,000 workers in October. Paul Sakuma / AP Customers walk into a Chipotle restaurant, in Mountain View, Calif. Private employers hired 159,000 workers in October.