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Cuts loom in New Mexico unemployment benefits

New Mexicans qualifying for extended unemployment benefits starting next month will have their payments reduced by 25 percent because of federal spending cutbacks, state officials announced Wednesday. Full story

Texas lawmakers OK drug tests for some unemployment applicants

AUSTIN, Texas (Reuters) - Texas came a step closer to requiring some applicants for unemployment benefits to first undergo drug testing, when lawmakers gave final approval to a Republican-backed bill mandating such checks on Wednesday. Full story

Unemployment improves in nearly all Wis. counties

Unemployment rates improved in nearly all 72 Wisconsin counties last month. Full story

FOMC: Possible Scaling Back QE In Next few Meetings

   According to the FOMC minutes, the labor market shows some improvement, though unemployment is elevated, with CNBC's Steve Liesman.

Stockholm riots challenge image of happy, generous state

STOCKHOLM (Reuters) - Hundreds of young people have torched cars and attacked police in three nights of riots in immigrant suburbs of Sweden's capital, shocking a country that has dodged the worst of the financial crisis but failed to defuse youth unemployment and resentment of asylum seekers. Full story

Wyo. jobless rate falls to 4.8 percent in April

Wyoming's unemployment rate fell slightly in April to 4.8 percent. Full story

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Man climbs onto dome of St Peter's to protest Italian politics

Kansas unemployment rate drops slightly in April

Unemployment rates drop in most states, Illinois climbs

Keep rates low until jobless rate normalizes: Fed's Kocherlakota

RI unemployment rate now 6th highest in US

Alabama unemployment drops to 6.9 percent

Italian Cabinet passes first economic measures

North Carolina unemployment rate drops 8.9 percent

Greece faces slow, jobless recovery next year

Montana unemployment down to 5.5 percent

Video

  Where 2013 grads will find their jobs

Melissa Harris-Perry’s panelists  look at statistics on recent college graduates and talk about unemployment vs. underemployment.

  Initial Jobless Claims Up 32,000 to 360,000

CNBC's Rick Santelli breaks down the latest unemployment, housing and CPI numbers, with CNBC's Steve Liesman.

  Economic mobility and hunger in America

Melissa Harris-Perry’s panel looks at food prices in America, economic mobility, and school food programs.

  Own a Home, Out of a Job?

Discussing whether home ownership could be driving unemployment higher, with Lindsey Piegza, financial economist, and Brian Wesbury, First Trust Advisors.

  Lew: Disconnect Between Wall St. & Main St.

CNBC's Steve Liesman talks with Treasury Secretary Jack Lew about the markets hitting record highs despite high unemployment, and the disconnect between short and long-term job creation.

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Related Photos

People wait for their turn to register for unemployment benefits at a local jobs centre in Nicosia
People wait for their turn to register for unemployment benefits at a local jobs centre in Nicosia

People wait for their turn to register for unemployment benefits at a local jobs centre in Nicosia April 23, 2013. REUTERS/Andreas Manolis

Adam Legg
Adam Legg

Navy veteran Adam Legg said a long jobless spell after tours of duty in Iraq and Afghanistan left him feeling hopeless and led him to "go weeks without smiling, walking around like a shadow, like you're not there."

Protesters take part in a May Day demonstration in Gijon
Protesters take part in a May Day demonstration in Gijon

Protesters take part in a May Day demonstration in Gijon, northern Spain May 1, 2013. Workers hit by lower living standards and record high unemployment staged May Day protests across Europe on Wednesday, hoping to persuade euro zone governments of the case for easing austerity measures and boosting

People take part in a May Day demonstration in Gijon
People take part in a May Day demonstration in Gijon

People take part in a May Day demonstration in Gijon, northern Spain May 1, 2013. Workers hit by lower living standards and record high unemployment staged May Day protests across Europe on Wednesday, hoping to persuade euro zone governments of the case for easing austerity measures and boosting gro