Jobs

6:54am

Wed July 3, 2013
The Two-Way

Good Signs: Jobless Claims Dip And Job Growth Picks Up

A help wanted sign in the window of a clothing store in Pasadena, Calif., last month.
Kevork Djansezian Getty Images

Three reports Wednesday morning all offer at least modestly good news about the U.S. economy:

-- There were 343,000 first-time claims for jobless benefits last week, down 5,000 from the week before, says the Employment and Training Administration.

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7:26am

Thu June 20, 2013
The Two-Way

Weekly Jobless Claims Rise Slightly

Originally published on Thu June 20, 2013 9:31 am

The number of first-time claims for unemployment insurance rose by 18,000 last week, the Employment and Training Administration says. At 354,000, the number remained at a level consistent with modest job growth.

According to the agency, the four-week moving average, a less volatile indicator, rose 2,500, to 348,250.

The AP reports:

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4:35pm

Thu June 13, 2013
Business

Unpaid No More: Interns Win Major Court Battle

Originally published on Thu June 13, 2013 5:36 pm

Eric Glatt, a Georgetown Law student, poses on Wednesday, in Washington, D.C. Unpaid internships have long been a path of opportunity for students and recent grads. But a federal judge ruled this week that Fox Searchlight Pictures violated minimum wage and overtime laws by not paying interns who worked on production of the 2010 movie Black Swan. Glatt was one of the interns.
Alex Brandon AP

A federal court in New York has ruled that a group of interns at Fox Searchlight Pictures should have been paid for their work on the movie Black Swan. The decision may have broad implications for students looking for their first job.

Eric Glatt filed the federal lawsuit against Fox. He says everyone always told him taking an unpaid internship was the way to get his foot in the door in the film industry.

At Fox, he worked as an unpaid accounting clerk, he says — filing, getting signatures, running checks and handling petty cash — but he was working for nothing.

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3:28pm

Thu June 13, 2013
Law

Tough New Gun Laws Drive Gun Makers To Move

Originally published on Thu June 13, 2013 4:35 pm

Josh Fiorini's Connecticut-based company builds high-end semi-automatic rifles. He says the state's tough new gun law gives him no choice but to move.
Joel Rose NPR

Firearms manufacturers are pulling up stakes in at least two of the five states that enacted tough new guns laws following the school shootings at Sandy Hook Elementary School last year.

In the months after those shootings, governors in New York, Connecticut and Maryland signed broad new bans on assault weapons. Delaware passed a law requiring universal background checks. Colorado adopted background checks and a ban on high-capacity magazines.

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6:14am

Fri June 7, 2013
The Two-Way

Job Growth Was Slow And Steady In May, But Jobless Rate Rose

Originally published on Fri June 7, 2013 8:41 am

Spencer Platt Getty Images

There was modest job growth once again in May even as the nation's unemployment rate ticked up, the Bureau of Labor Statistics reported Friday.

According to BLS:

-- 175,000 jobs were added to public and private payrolls last month, slightly more than economists had expected.

-- The jobless rate rose to 7.6 percent from April's 7.5 percent. That rate can rise even as more jobs are added because the size of the labor force has also gone up.

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