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Federal Employment News

Escaping from AlcatrazThursday, July 29, 2010 @ 7:04AMBetween 1934 and 1963, 36 inmates tried to escape from the Alcatraz Island Federal Penitentiary in 14 different attempts.

Weekly jobless claims fall 11,000 to 457,000Thursday, July 29, 2010 @ 6:43AMWASHINGTON (MarketWatch) -- The number of people applying for initial state unemployment insurance benefits fell 11,000 to 457,000 in the week ended July 24, the Labor Department reported Thursday. Economists surveyed by MarketWatch had expected an initial claims level of 460,000. The four-week average of initial claims -- a better gauge of employment trends than the volatile weekly number ...

Republicans Fret as Angle SlipsWednesday, July 28, 2010 @ 5:57AMRepublicans are growing increasingly frustrated with Sharron Angle and her lackluster campaign to unseat Senate Majority Leader Harry Reid (D-Nev.), fearing she is jeopardizing what they had long viewed as a sure pickup and costing them a chance to reclaim the majority.

Little change in Thumb’s unemployment numbersWednesday, July 28, 2010 @ 5:56AMUPPER THUMB — Unemployment rates were just about stagnant in the month of June, according to new jobless data issued Thursday.

U.S. Mortgage Applications Index Decreases 4.4% After Refinancing CoolsWednesday, July 28, 2010 @ 5:47AMAn index of mortgage applications in the U.S. decreased last week as refinancing cooled after borrowing costs jumped from a record low.