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Christopher S. Rugaber

Stories by Christopher S.

US unemployment claims hit 4-year low of 357,000

WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits fell to a four-year low last week, suggesting employers kept hiring in March at a healthy pace.

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Unemployment rate hits 8.3 pct. after hiring burst

WASHINGTON (AP) -- In the most impressive surge for the job market since early last year, the United States added 243,000 jobs in January, far more than economists expected. The unemployment rate dropped to 8.3 percent, the lowest in three years.. Hiring accelerated across the economy and up and down

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Unemployment rate falls as economy adds 200K jobs

A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the end of 2011.

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Unemployment at lowest since 2009

WASHINGTON -- The unemployment rate, which has refused to budge from the 9 percent neighborhood for two and a half frustrating years, suddenly dropped in November, driven in part by small businesses that finally see reason to hope and hire.. Economists said there was a long way to go, but

Unemployment rate falls to lowest since March 2009

Small businesses that were skittish about the economy this summer started hiring in bigger numbers this fall, helping drive the unemployment rate down to 8.6 percent in November, the lowest in two and a half years.

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US credit rating downgraded

WASHINGTON -- Better. The job market beat expectations, and the stock market managed a modest gain -- not great, but good enough after a turbulent week.

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Employers added 54K jobs; rate ticks up to 9.1 percent

WASHINGTON -- Employers in May added the fewest jobs in eight months, and the unemployment rate inched up to 9.1 percent. The weakening job market raised concerns about an economy hampered by gas prices and the Japanese nuclear disaster.

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Initial jobless claims drop to 457,000

WASHINGTON -- New jobless claims fell last week for the third time in four weeks but remain elevated.

Employers added most jobs in 3 years in March

WASHINGTON -- The nation's economy posted its largest job gain in three years in March, while the unemployment rate remained at 9.7 percent for the third straight month.

Factory activity fueling modest economic recovery

NEW YORK-- Hopes that America's factories will help drive the economic recovery gained support Monday from news that manufacturing activity grew in January to its strongest point since 2004.

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Jobless rate tops 10 percent for first time since '83

WASHINGTON -- The unemployment rate has surpassed 10 percent for the first time since 1983 -- and is likely to go higher.Nearly 16 million people can't find jobs even though the worst recession since the Great Depression has apparently ended. Many economists worry that persistently high unemployment could undermine the recovery by restraining consumer spending, which accounts for 70 percent of the economy.

42 states lose jobs in August

WASHINGTON - Forty-two states lost jobs last month, up from 29 in July, with the biggest net payroll cuts coming in Texas, Michigan, Georgia and Ohio.

Exports boost economy, but housing still stunting growth

WASHINGTON - A slowdown in manufacturing and construction means the economy needs to rely even more on exports to sustain growth.