TheRepublic.com - Labor economy News

Stocks edge lower as investors reassess Fed fears

Thu, 23 May 2013 18:10:51 -0400

NEW YORK - Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower.

April jobless rates fall in most Ill. metro areas

Thu, 23 May 2013 16:03:16 -0400

CHICAGO - Officials say unemployment decreased during April in nine of Illinois' 12 metro areas.

Wisconsin jobs agency names 4th CFO in 2 years

Thu, 23 May 2013 14:54:30 -0400

MADISON, Wisconsin - The state's troubled economic-development agency has hired its fourth chief financial officer in two years.

Between economy and trouble, Obama approval steady

Thu, 23 May 2013 12:51:50 -0400

WASHINGTON - The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way.

Applications for US unemployment aid fall to 340K

Thu, 23 May 2013 10:31:09 -0400

WASHINGTON - The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth.

Applications for US unemployment aid fall to 340K

Thu, 23 May 2013 09:39:09 -0400

WASHINGTON - The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth.

Cuts loom in New Mexico unemployment benefits

Wed, 22 May 2013 20:11:04 -0400

ALBUQUERQUE, New Mexico - New Mexicans qualifying for extended unemployment benefits starting next month will have their payments reduced by 25 percent because of federal spending cutbacks, state officials announced Wednesday.

LA mayor-elect says he'll focus on economy

Wed, 22 May 2013 17:52:45 -0400

LOS ANGELES - Los Angeles Mayor-elect Eric Garcetti says he's going to focus like a "laser beam" on the economy when he takes office July 1.

A divided Fed wrestles with when to slow bond buys

Wed, 22 May 2013 16:54:16 -0400

WASHINGTON - The Federal Reserve is torn over when to slow its aggressive efforts to stimulate the economy.

Mo. unemployment bill prompted by federal rules

Wed, 22 May 2013 16:37:02 -0400

JEFFERSON CITY, Missouri - Proposed changes for the unemployment compensation program awaiting action by Missouri Gov. Jay Nixon are designed to avoid a several hundred million dollar price tag, and they could make it harder for workers to receive jobless benefits if they are released from their positions after having unapproved absences or violating company rules.

Tennessee recoups unemployment benefits

Wed, 22 May 2013 16:23:32 -0400

NASHVILLE, Tennessee - State Labor Department officials say they have recouped about $15.3 million worth of fraudulently collected unemployment benefits by garnishing tax refunds and other federal payments to people who were not entitled to receive the assistance.

Made in the USA back in style for small businesses

Wed, 22 May 2013 15:20:02 -0400

NEW YORK - When Martin Rawls-Meehan started making adjustable beds in 2004, it was a foregone conclusion that key parts would be made overseas. It was cheaper to manufacture in Taiwan than in the U.S. And from Taiwan it was easier to ship to customers in Asia.

Fed weighed slowing its pace of bond purchases

Wed, 22 May 2013 14:52:07 -0400

WASHINGTON - Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as June - if the economy showed strong and sustained growth. But those officials appeared at odds over what evidence would demonstrate such gains.

Bernanke signals Fed to maintain stimulus efforts

Wed, 22 May 2013 14:29:44 -0400

WASHINGTON - Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs.

Economic recovery in NH steady but slow progress

Wed, 22 May 2013 13:41:35 -0400

CONCORD, New Hampshire - With steady but slow growth, New Hampshire appears to have relinquished its traditional position as a regional leader in economic recovery, according to a report released Wednesday.

New England economy seen improving, but unevenly

Wed, 22 May 2013 13:40:48 -0400

HARTFORD, Connecticut - As New England recovers from the worst recession in decades, Massachusetts and Vermont are posting the strongest gains while Rhode Island and Maine lag, an economists' group said Wednesday.

Excerpts from recent North Dakota editorials

Wed, 22 May 2013 11:50:28 -0400

Bismarck Tribune, Bismarck, May 17, 2013

Wyo. job numbers lag behind pre-recession levels

Tue, 21 May 2013 17:59:12 -0400

CHEYENNE, Wyoming - Wyoming's unemployment rate has been dropping over the last two years, but the state still hasn't replaced all the jobs it lost during the recession, according to the Wyoming Department of Workforce Services.

New Egypt tax law: cuts for poor, business hikes

Tue, 21 May 2013 17:08:11 -0400

CAIRO - Egypt's president signed a new tax law Tuesday that cuts the amount paid by poorer Egyptians in the latest move aimed at reforming the country's economy.

Does France have right plan to revive its economy?

Tue, 21 May 2013 10:39:33 -0400

PARIS - The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite.

Average credit card debt, late payments fall in 1Q

Tue, 21 May 2013 06:14:19 -0400

LOS ANGELES - Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt.

Average credit card debt, late payments fall in 1Q

Tue, 21 May 2013 00:13:05 -0400

Union leads march in Rome calling for job creation

Sat, 18 May 2013 12:50:03 -0400

ROME - A union of Italian metal workers has led thousands of people in a march through the heart of Rome to press the new government for measures to spur job creation.

New Mexico jobless rate drops slightly in April

Fri, 17 May 2013 18:07:37 -0400

ALBUQUERQUE, New Mexico - The Department of Workforce Solutions reports that New Mexico's unemployment rate dropped last month and that job growth has improved.

Maine's unemployment rate dips below 7 percent

Fri, 17 May 2013 17:52:38 -0400

AUGUSTA, Maine - Maine Gov. Paul LePage is hailing Maine's dropping unemployment rate, now at its lowest since 2008.