U.S. News

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Jobless rate drops slightly in September

The U.S. unemployment rate dropped 0.1 percent from August to September, to 7.2 percent, the BLS said. The partial federal shutdown/lockout sent all of the BLS staff home in the first two weeks of October and delayed release of the results.

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Obama picks full-employment advocate Yellen to head Federal Reserve

President Obama has nominated Janet Yellen, Federal Reserve vice chair, to run the Federal Reserve, the most important central bank in the world.

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To ease or not to ease, that is Fed's question

The Jackson Hole conference attended by many of the world's top economists, central bankers and policy makers revealed divisions over current Fed stimulus policy.

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Unemployment dips, but new jobs likely pay low wages

The U.S. unemployment rate in July was 7.4 percent, the Bureau of Labor Statistics reported, down 0.1 percent from the month before. A separate survey reported businesses claimed to create a net of 162,000 new jobs last month.

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What the June unemployment figures mean for workers

At the current slow rate of economic recovery, it will take until 2020 to close the gap in the labor market, says a top economist.

 

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New Haven creates "jobs pipeline" to fight poverty, unemployment

NEW HAVEN, Conn. - A ribbon-cutting ceremony with Gov. Dannel Malloy and workers who are now employed through the new "jobs pipeline" program, marked the official opening of New Haven Works.

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Labor Dept. tosses Florida scheme to curb jobless benefits

A Florida civil rights group's legal complaint has led the U.S. Labor Department to toss yet another GOP scheme to deny workers jobless benefits, by imposing a qualification test so tough that many workers can't pass it.

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Task force confronts at-risk pensions for 10 million workers

The 2007-08 financial crisis, spurred by Wall Street's "casino capitalism," still threatens pension plans that affect 10 million workers.

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New York City elections hold promise of change

During the last 20 years of the Giuliani and then Bloomberg administrations, the living standards of the 99 percent have steadily declined, while the wealth of the 1 percent has risen.

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The war in Newark, 1967

I sat for two hours copying word for word the reports of the gunshot wounds that ultimately killed 26 people in Newark. Most of them died from gunshot wounds in the back.

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