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U.S. jobless rate falls to 44-month low

October 5, 2012 in West Central Tribune

WASHINGTON The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years and giving President Barack Obama a potential boost with the election a month away.
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Obama says economy not creating jobs ‘as fast as we want’; Says ‘we will come back stronger’

June 1, 2012 in West Central Tribune

GOLDEN VALLEY, Minn. (AP) President Barack Obama said Friday the latest employment report shows that the economy is not creating jobs “as fast as we want,” but he pledged that the economy will improve. Continue Reading

Mitchell’s jobless rate rises above 5 percent

March 25, 2011 in The Daily Republic

Mitchell’s unemployment rate is above 5 percent for the first time in nearly a year, but a report with the data says employment fluctuations are a normal part of the economic recovery.
According to data released Friday morning by the state Department of Labor, the city’s February unemployment rate was 5.2 percent. That matches the unemployment rate from last March and is the highest rate since then. It’s the city’s third consecutive month of rising unemployment.
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Gas prices, jobless rate both up locally

March 4, 2011 in The Daily Republic

Mitchell was hit with a double dose of bad economic news Friday as the average gas price in the city hit $3.479 and the unemployment rate spiked to 4.9 percent.
The average gas price is about 20 cents higher than a week ago. The unemployment rate which covers the month of January but was just released Friday is up 0.8 percentage points from the previous month. Continue Reading

State’s jobless rate falls to 7 percent, a sign of steady improvement

January 20, 2011 in Alexandria Echo Press

Minnesota’s unemployment rate fell by 0.1 percent in December to a seasonally adjusted 7 percent, according to figures released today by the Minnesota Department of Employment Economic Development (DEED) Continue Reading

Two million Americans lose jobless benefits as holidays arrive

December 1, 2010 in West Central Tribune

Extended unemployment benefits for nearly 2 million Americans begin to run out today, cutting off a steady stream of income and guaranteeing a dismal holiday season for people already struggling with bills they cannot pay. Continue Reading

Payrolls drop by 125K, unemployment rate falls to 9.5 percent

July 2, 2010 in West Central Tribune

WASHINGTON A wave of census layoffs cut the nation’s payrolls in June for the first time in six months, while private employers added a modest number of jobs. The unemployment rate dipped to 9.5 percent, its lowest level in almost a year. Continue Reading