Labor

People Are Not Leaving the Labor Force

9 Feb 2012

Some commentators claim unemployment numbers look better because discouraged people are dropping out of the labor force. They are simply wrong.

Economix Blog: People Are Not Leaving the Labor Force

9 Feb 2012

Some commentators claim unemployment numbers look better because discouraged people are dropping out of the labor force. They are simply wrong.

Jobless claims drop brightens labor market picture

9 Feb 2012

WASHINGTON (Reuters) - The number of Americans signing up for unemployment benefits unexpectedly fell last week, the latest sign of recovery in the labor market. Initial claims for state jobless benefits dropped 15,000 to 358,000, the Labor Department said on Thursday. A four-week average of new filings, which provides a better view of the trend, hit its lowest level since April 2008. The ...