Jobs
Jobs are crucial US election year issue
May 07, 2010By Jim Malone The U.S. government's monthly jobs report said the economy added nearly 300,000 new jobs last month, the biggest monthly total in four years. The economy in general and the jobless rate in particular will be factors in this year's midterm...
Obama welcomes job report, critics say figures well below expectations
April 02, 2010By Dan Robinson President Barack Obama is pointing to the latest monthly U.S. government employment report saying it shows his policies are continuing to be successful in helping the nation recover from the economic recession. The president says despite...
Timothy Geithner: US jobless rate will stay 'unacceptably' high
April 01, 2010U.S. Treasury Secretary Timothy Geithner says the nation's jobless rate will be "unacceptably high" for a long time. Thursday, Geithner told television interviewers on NBC that businesses are going to start creating jobs again, but also said...
BBC: US interest rates 'to stay low'
March 17, 2010The US Federal Reserve has repeated its pledge to keep interest rates at record lows in order to nurture the economic recovery. The Fed said its main interest rate would be kept at the current 0% to 0.25% range, as widely expected. Its rate-setting...
US consumer spending up slightly amid weak recovery
March 03, 2010By Mil Arcega The U.S. Commerce Department says consumer spending rose more than expected in January, up half a percent. Analysts say it's another indication that the U.S. economy is on track to climb out of the worst recession since the 1930s. But...
Job Losses Weigh on US Consumers; Concerns Mount in Britain
July 24, 2009Many Americans appear to be too worried about earning money and keeping their jobs to feel good about the world's largest economy. A widely watched index of U.S. consumer sentiment, the Reuters/University of Michigan Surveys of Consumers, declined in...
U.S. employers add 189,000 jobs
December 05, 2007U.S. employers added 189,000 jobs in November, more than triple the number many economists had expected, a private payroll report said Wednesday. The increase -- compared with the 50,000 to 60,000 many economists had forecast -- followed an upwardly...
Dow Chem to cut 1,000 jobs, close plants
December 04, 2007U.S. multinational giant Dow Chemical Co. said Tuesday it would cut 1,000 jobs, or about 2.3 percent of its workforce, to improve its performance. The world's No. 2 chemical manufacturer after Germany's BASF AG said it would exit the automotive sealers...
Robust jobs report raises questions
November 02, 2007The U.S. economy, despite concerns over housing and credit, added 166,000 non-farm jobs in October, the largest growth since May, a report said Friday. The unemployment rate was steady at 4.7 percent, the U.S. Labor Department said in a release. The...
- October 31, 2007
Japan’s September jobless rate edged up to 4 percent, the second straight monthly rise, largely due to more women seeking jobs, the government said Tuesday. The jobless rate was up 0.2 percent from 3.8 percent in August and was higher than the...