The U.S. unemployment rate fell 0.2 percent to 8.3 percent and employment rose by 243,000 jobs during the month of January, the U.S Bureau of Labor Statistics reported Friday.
The national unemployment rate fell to 8.6 percent, with 120,000 new jobs added in November, the U.S. Bureau of Labor Statistics reported today. “The number of unemployed persons, at 13.3 million, was down by 594,000,” Bureau analysts wrote.
David Espo of the Association Press says that the part of President Obama’s jobs bill that includes another extension of federal unemployment benefits is likely to pass the U.S. House while other parts will be shot down.
On-shore oil drilling in the United States is at its highest level since the Reagan administration in 1987, according to the Baker Hughes Rig Count – an industry tracking service. That same national boom is also occurring in Colorado, according to state officials, who point to a flurry of new drilling permits and active wells in Weld County.
The Dept. of Labor’s report on new unemployment claims this week put the number at 404,000. This is a decrease of only 1,000 from last week’s revised figure. The four-week average now stands at 408,000, a decrease of 7,000 from last week.
Felix Salmon, the economics writer for Reuters, writes a column in the wake of last week’s jobs report in which he says that high unemployment is probably here to stay — and that government can’t do much to change that.
Anybody out there need a job today? Congressman Ed Perlmutter is hosting a job fair this morning from 9 am until noon at the Jefferson County Fairgrounds.
The Colorado Court of Appeals has ruled against a man who was fired when he tested positive for marijuana. The man, who had a valid medical marijuana card and a doctor’s recommendation to use marijuana to treat headaches, had filed for unemployment, which has now been denied.
While the stock market rumbles and fears of a double dip recession loom, the Department of Labor offered a bit of good news on Thursday by reporting that new weekly unemployment claims dropped below 400,000 for the first time in months.
Wednesday, U.S. Rep. Ed Perlmutter’s office hosted a gathering of MoveOn.org enthusiasts and Perlmutter asked them to gather signatures for a petition to be presented to House Speaker John Boehner, asking for job creation legislation.
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