Jobs

10:09am

Thu August 1, 2013
The Two-Way

Weekly Jobless Claims Drop; Mortgage Rates Edge Up

New claims for unemployment benefits fell to 326,000 in the week that ended July 27 — the lowest level for initial jobless claims in more than five years, according to the Labor Department.

Employment data for the month of July is due to be released Friday. But for now, the weekly jobless claims numbers are being hailed as another sign that the U.S. economy is gaining strength.

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7:17am

Wed July 31, 2013
The Two-Way

U.S. Economy: GDP Surprises, And Hiring Rises In July

Originally published on Wed July 31, 2013 12:51 pm

A chart shows the quarterly growth of real GDP in the United States. The U.S. economy expanded more than analysts had expected, at an annualized rate of 1.7 percent.
Bureau of Economic Analysis

The U.S. economy grew by an annualized rate of 1.7 percent in the second quarter of 2013, according to gross domestic product data released Wednesday morning. The Commerce Department says the rise stems from business investments, particularly in buildings, and an upturn in exports and the civilian aircraft industry.

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9:39am

Mon July 29, 2013
The Two-Way

Amazon Says It Will Hire More Than 5,000 Workers In U.S.

Originally published on Mon July 29, 2013 11:53 am

Amazon.com plans to hire more than 5,000 full-time workers for its warehouse and order-fulfillment centers, the retailing giant said Monday. Many of the jobs will be at Amazon outposts that are spread across more than 10 states.

"Median pay inside Amazon fulfillment centers is 30 percent higher than that of people who work in traditional retail stores," the company said in a news release announcing its plans.

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6:49am

Thu July 25, 2013
The Two-Way

Jobless Claims Rose Last Week; Key Orders Up In June

Originally published on Thu July 25, 2013 8:04 am

There were 343,000 first-time claims filed for unemployment insurance last week, the Employment and Training Administration says. That was up from an estimated 336,000 the week before.

The increase is from what had been a 10-week low. But basically, claims have been ranging between the mid-330,000s and mid-370,000s all year. Like other employment indicators, the jobless claims figures have been signalling that job growth remains modest.

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3:23pm

Wed July 24, 2013
Business

Full-Time Vs. Part-Time Workers: Restaurants Weigh Obamacare

Originally published on Wed July 24, 2013 5:21 pm

The California Tortilla chain is one company still deciding how to react to the new health care requirements for business, set to take effect next year.
John Ydstie NPR

Many businesses that don't offer health insurance to all their employees breathed a sigh of relief earlier this month when they learned they'd have an extra year to comply with the new health care law or face stiff penalties.

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