Labor Day, a U.S. national holiday that honors workers, occurs each year on the first Monday of September. Labor Day 2010 falls on Monday, September 6. [more]
Mass Layoffs Report - Updated Monthly
The U.S. Bureau of Labor Statistics (BLS) reported that employers initiated 1,609 mass layoffs in July 2010, which resulted in 143,703 workers filing new claims for unemployment benefits. Both numbers decreased from June. [more]
Mass Layoffs Report - Updated Quarterly
The U.S. Bureau of Labor Statistics (BLS) recently reported that employers initiated 1,851 mass layoffs in the second quarter (April-June) of 2010, causing 338,064 workers to lose their jobs for at least 31 days. [more]
Unemployment Rate - Updated Monthly
The national unemployment rate held steady at 9.5 percent from June to July, according to the U.S. Bureau of Labor Statistics (BLS). However, the economy lost 131,000 nonfarm jobs overall. [more]
Extended Unemployment Benefits Restored
After much partisan wrangling blocked it for weeks, the Senate finally passed legislation that restores previously-authorized extended unemployment benefits. As expected, the House quickly followed suit and President Obama wasted no time in signing the new legislation into law. [more]
