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Unexpected drop in jobless rate sparks optimism
WASHINGTON - A surprising drop in the November unemployment rate and in job losses cheered investors Friday and raised hopes for a sustained economic recovery.
Nations:U.S. People:Barack Obama Activities:2008 U.S. Layoff Crisis
2009-12-04
Why Rich Consumers Matter More
Here's something odd: Consumer spending is drifting upward, raising hopes for an economic recovery. Yet the unemployment rate is spiking like a scary fever, with jobs more scarce than at any time since the 1930s.
Nations:U.S. Activities:2008 U.S. Recession
2009-12-04
Productivity up at 8.1 percent rate in 3Q
WASHINGTON - Productivity surged in the third quarter by the largest amount in six years while labor costs fell. While that indicates inflation is remaining under control, it also signals that workers' wages are getting squeezed, raising doubts about the durability of the economic recovery.
Activities:2008 U.S. Recession Source:(AP)
2009-12-03
Weekly jobless claims drop below 500,000
WASHINGTON - In a hopeful sign, the number of newly laid-off workers filing claims for unemployment benefits fell more than expected last week, dropping below 500,000 for the first time since January.
Nations:U.S. Activities:2008 U.S. Layoff Crisis
2009-11-25
U.S. consumer spending rises, jobless claims tumble
WASHINGTON (Reuters) - U.S. consumer spending rose more than expected in October, while new applications for jobless aid last week fell to their lowest level in more than a year, suggesting the economic recovery is gaining traction.
Activities:2008 U.S. Recession Source:(Reuters)
2009-11-25
| Headlines |
- Unexpected drop in jobless rate sparks optimism 2009-12-04
- Why Rich Consumers Matter More 2009-12-04
- Productivity up at 8.1 percent rate in 3Q 2009-12-03
- Weekly jobless claims drop below 500,000 2009-11-25
- U.S. consumer spending rises, jobless claims tumble 2009-11-25
- Singapore declares its recession over 2009-11-19
- World recovery 'modest', debt must stop: OECD 2009-11-19
- Asia helps feeble West in global recovery: OECD 2009-11-19
- Millions will have to repay part of tax credit 2009-11-16
- China's output, retail sales gather pace in October 2009-11-10
- Jobless rate tops 10 pct. for first time since '83 2009-11-06
- IMF warns G20 off cutting economic support too fast 2009-11-06
- Productivity surges, job growth should follow 2009-11-05
- US consumer spending dips first time in five months 2009-10-30
- Recovery hopes as Germany posts jobless fall 2009-10-29
- US emerges from long recession 2009-10-29
- Consumers returning to big brands 2009-10-29
- Economy returns to growth after deep slump 2009-10-29
- U.S. GDP encouraging: Geithner 2009-10-29
- Bank of Canada says China FX policy "great risk" 2009-10-28
- New home sales drop, durable goods orders up 2009-10-28
- Worsening job picture fuels slide in confidence 2009-10-27
- Chinese growth quickens in Q3, as expected 2009-10-21
- Sagging consumer view tempers output optimism 2009-10-16
- Consumer prices edge up 2009-10-15
- Steady jobless rate fuels recovery hopes in Britain 2009-10-14
- Sept. retail sales fall 1.5 percent post Clunkers 2009-10-14
- New jobless claims fall to 521K, lowest since Jan. 2009-10-08
- Dollar fears stalk global finance talks 2009-10-06
- U.S. jobless rate hits 26-year high of 9.8 percent 2009-10-03
- New data shows joblessness crimping US recovery 2009-10-01
- Japanese deflation worst on record 2009-09-29
- Fed slows housing market plan; rates to stay low 2009-09-23
- China's economy to achieve growth target 2009-09-19
- Consumer spending could boost the stock market 2009-09-13
- China says on track for 8% growth in 2009 2009-09-11
- For the jobless, Labor Day is hardly a holiday 2009-09-05
- With credit tight, Fed extends consumer loan plan 2009-08-17
- U.S. builders upbeat, manufacturing shows some life 2009-08-17
- ISM service sector index dips unexpectedly in July 2009-08-05
- British economy sees record contraction 2009-07-24
- New jobless claims rise to 554K, total rolls fall 2009-07-23
- Dow tops 9,000 as home sales rise for 3rd month 2009-07-23
- White House sees GDP showing signs of progress 2009-07-19
- China's economy bounces back with strong growth 2009-07-15
- UK jobless rate strikes 12-year high 2009-07-15
- Fed sees end to recession, eyes exit strategy 2009-07-15
- State budget crunches will slow U.S. economy: study 2009-07-13
- U.S. consumers fall behind on loans at record pace 2009-07-07
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Productivity
