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4 out of 5 US adults face poverty, joblessness: Study

Last Updated: Monday, July 29, 2013, 22:37

A recent survey has revealed that four out of five adults in the United States are either struggling with joblessness or reaching poverty or rely on welfare for parts of their lives, which points finger towards the deteriorating economic security in the country.

US jobless claims brighten labor market picture

Last Updated: Thursday, February 09, 2012, 22:42

The number of Americans filing new applications for unemployment benefits unexpectedly fell last week, suggesting recent gains in employment are being sustained.

US jobless rate at three-year low as payrolls surge

Last Updated: Saturday, February 04, 2012, 00:06

The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.

US unemployment near three-year low

Last Updated: Sunday, January 08, 2012, 00:11

US employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, the strongest evidence yet the economic recovery is gaining steam.

US private hiring soars; seasonal issues cloud gain

Last Updated: Thursday, January 05, 2012, 23:41

The US jobs recovery gathered pace as a measure of private-sector hiring surged in December and claims for unemployment benefits fell, suggesting the battered labor market may continue to strengthen in 2012.

US economy gaining momentum, housing shows a pulse

Last Updated: Sunday, January 01, 2012, 23:49

New US claims for jobless benefits rose last week but the underlying trend pointed to an improving labor market, while regional factory data showed the economy gaining momentum as the year ended.

US jobless claims rose last week

Last Updated: Thursday, December 29, 2011, 19:27

New claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, but the underlying trend continued to point to improving labor market conditions.

`Long way to go` in taming US joblessness: White House

Last Updated: Sunday, April 04, 2010, 23:33

The United States has "a long way to go" in taming its stubbornly high unemployment rate, despite positive jobs creation news last week, top White House economic adviser Lawrence Summers said Sunday.