California's housing market could see an uptick in value by 2014 if the state's jobs numbers hold still until then, says real estate analytical firm Local Market Monitor.
The U.S. economy added far fewer jobs in May than expected, suggesting that the recovery in the employment market might be stalling.
Companies created far fewer jobs than expected in May, adding to mounting evidence that the economy is decelerating.
More people applied for unemployment benefits last week, the first increase in three weeks and evidence that the job market is still sluggish.
The number of Americans filing unemployment claims for the first dropped more than expected last week, the Labor Department said early Thursday.
The number of people applying for unemployment benefits plummeted last week, reversing nearly all the sharp rise reported the previous week.
The recession may be officially over, but not for many who graduated college in recent years. These students have struggled to find work in a down economy, and now some may struggle even harder to compete with the class of 2011.
Employers added more than 200,000 jobs in April for the third straight month, the biggest hiring spree in five years. But the unemployment rate ticked up to 9%.
One in four children in the United States is being raised by a single parent — a percentage that has been on the rise and is higher than other developed countries, according to a report released Wednesday.
A Gallup survey shows that, worldwide, young adults are more likely to be unemployed than those in older age groups.
