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January 24, 2013

Weekly jobless claims hit a new five-year low

  • 330k state unemployment benefit claims were filed last week according to the latest report from the U.S. Department of Labor. That’s the lowest weekly jobless claims number to be reported in five years (January 2008) and also marked the lowest four-week average for the same numbers since March 2008. source
15:35 // 1 year ago
July 26, 2012

Report: Record number of fair labor claims filed by workers in 2012

  • $224 million in back wages collected by the Department of Labor during 2011
  • 275,000 claims were filed on behalf of workers across the U.S. during that time source
  • 7,006 lawsuits were filed under the Fair Labor Standards Act during 2011
  • 7,064 suits have been filed this year; we’ve already topped 2011’s record
  • 2,035 suits filed in 2002, 84 percent fewer than 2012’s projected total

» Many analysts say it’s fair to assign some portion of the blame for the rise in lawsuits on the global recession, though it’s hardly the sole — or even largest — reason for the increase. High-profile cases like Wal-Mart’s recent $5 million settlement put the issue on some peoples’ radar, while some low-wage laborers that can’t afford legal counsel have had their cases taken up by the Department of Labor. Seyfarth Shaw, the legal firm that released the report, also admitted that some lawyers had become driven to wage litigation after seeing massive pay-offs in the news. But, clearly, there is still more that could be done.

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16:25 // 1 year ago
December 20, 2011

Unemployment fell in majority of states last month

  • 43 states have seen a decrease in unemployment since October source

» As goes the country, so go the states: Or maybe it’s the other way around? Well, either way, figures released today by the Department of Labor show that unemployment, in addition to falling to its lowest level in two and a half years at the national level, also decreased on a state-by-state basis in all but seven states. This is promising, as it suggests that the uptick in employment is a nationwide trend, and not the result of, say, five or ten states doing abnormally well for one reason or another. Note: The usual disclaimers about the problems with how unemployment is calculated apply.

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22:16 // 2 years ago