The gap in employment rates between America’s highest- and lowest-income families has stretched to its widest levels since officials began tracking the data a decade ago, according to an analysis of government data conducted for The Associated Press.
Fourteen people have been charged with obtaining unemployment benefits from the District of Columbia government even though they were employed at the time.
Unemployment rates rose in more than half of U.S. states in July and fewer states added jobs, echoing national data that show the job market may have lost some momentum.
The 162,000 jobs the economy added in July were a disappointment. The quality of the jobs was even worse.
Unemployment rates fell in half of U.S. states last month, led by drops in California, West Virginia, New York and Hawaii.
U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006.
Confidence in the U.S. job market has rebounded to roughly a normal level from its record low after the Great Recession, a trend that could help boost the economy.
The number of Americans seeking unemployment aid rose to a four-month high last week, although the increase partly reflects seasonal distortions around the spring holidays.
The number of people seeking U.S. unemployment aid barely changed last week, and the average over the past month fell to a fresh five-year low. The decline in layoffs is helping strengthen the job market.
The Federal Reserve foresees unemployment remaining high into 2015, suggesting it will keep short-term interest rates near record lows at least until then.