Jobless rates, reported by the U.S. Bureau of Labor Statistics are worse than expected. Unemployment jumped to 10.2 percent, which is the worse since 1983. U.S. payrolls fell more than expect as well. Tennagers lost the highest amount of jobs in terms of percent.

The U.S. Department of Labor this morning reports that the unemployment insurance claims have dropped to 512,000 last week. These numbers reflecting the number of people filing for jobless benefits are the lowest since January of 2009.

The U.S. Senate voted unanimously tonight to extend unemployment benefits for Americans who have exhausted their unemployment benefits would do so by year’s end. Senators voted 98-0 for the extension, which now heads to the House of Representatives. Once approved, which could be as early as Thursday, it will be sent to President Obama to sign.

Microsoft Corp announced another 800 job cuts on Wednesday, on top of 5,000 jobs already eliminated under a plan to reduce costs that was announced back in January. the job cuts are spread across Microsoft's global operations, but about 200 are in and around its headquarters in Redmond, Washington.

With companies doing massive layoffs every day, it's surprising to find out that there are nine companies in the U.S. that have never had a layoff. These nine companies are also on Fortune Magazine's 100 Best Companies to Work For list for 2009. Kudos to these nine companies that aren't only great places to work but have never had a layoff in their company history.

New York, Missouri,Rhode Island and now Michigan have all recently experienced attempts to scam unemployment debit card holders. Scammers are using cell phone calls and text messages are targeting unemployment insurance recipients in order to steal the unsuspecting victim's benefits

The Commerce Department says the GDP grew at an annual rate of 3.5 percent last quarter, the first positive quarterly growth in a year, and the largest quarterly advance since the third quarter of 2007. This unofficially marks the end of the worst recession in 70 years.

Is the recession over? If you look at the figures released today which focus on GDP and retail, you might say yes. If you look at unemployment numbers, you might say no.

After two consecutive weeks of a decline, the number of U.S. workers filing unemployment benefit claims rose more than expected last week.

If you are fortunate enough to have a job right now, make sure you use social media responsibly. You might find yourself in the unemployment line -- all because you used Twitter, Facebook or some other form of social media to inform your "friends" how much you hate your job. On the flip side, if you're applying for a job, be careful what you post on your favorite social media sites. Someone could be watching.

If you've lost your job and are now one of the growing number of people who receive an unemployment check, you might lose it if you make money blogging. Not big money, mind you. It could be a measly dollar a day from Google Adsense that might leave you without an unemployment check. In fact, laid-off attorney in New York lost her benefits because she was bringing in $1.30 a day from blog ads.

It's not as good as a job, but those who were on the brink of running out of unemployment benefits can breathe a little easier now. The Senate on Thursday reached a deal that will extend jobless benefits, yet again.