The slumping U.S. labor market added a meager 96,000 jobs last month, but the country’s unemployment rate declined as more Americans abandoned their search for work. The government reported Friday that the August jobless rate was 8.1 percent, down from 8.3 percent in July. It was the 43rd straight month that the figure has been […]
US Labor Market Slumping, Even as Jobless Rate Falls
Posted September 7th, 2012 at 1:45 pm (UTC-5)
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US Labor Market Slumping, Even as Jobless Rate Falls
Posted September 7th, 2012 at 11:55 am (UTC-5)
The slumping U.S. labor market added a meager 96,000 jobs last month, but the country’s unemployment rate declined as more Americans abandoned their search for work. The government reported Friday that the August jobless rate was 8.1 percent, down from 8.3 percent in July. It was the 43rd straight month that the figure has been […]
US Labor Market Slumping, Even as Jobless Rate Falls
Posted September 7th, 2012 at 10:00 am (UTC-5)
The slumping U.S. labor market added a meager 96,000 jobs last month, but the country’s unemployment rate declined as more Americans abandoned their search for work. The government reported Friday that the August jobless rate was 8.1 percent, down from 8.3 percent in July. It was the 43rd straight month that the figure has been […]
US Labor Market Slumping, Even as Jobless Rate Falls
Posted September 7th, 2012 at 8:55 am (UTC-5)
The slumping U.S. labor market added a meager 96,000 jobs last month, but the country’s jobless rate declined as more Americans abandoned their search for work. The government reported Friday that the August unemployment rate was 8.1 percent, down from the 8.3 percent figure in July. It was the 43rd straight month that the figure […]
Europe Moves to Bolster Economy; Stocks Soar
Posted September 6th, 2012 at 4:15 pm (UTC-5)
A key U.S. stock index soared to the highest level since the Great Recession began four years ago, after the European Central Bank moved to bolster the continent’s troubled economies Thursday. Spanish stocks gained nearly five percent, while French and German shares gained around three percent. European Central Bank President Mario Draghi said policy makers […]
European Central Bank to Buy Government Bonds
Posted September 6th, 2012 at 3:25 pm (UTC-5)
The European Central Bank says it is going to buy the bonds of the debt-ridden countries in the euro currency union in hopes of easing their borrowing costs. The bank set no limit Thursday on the volume of the bonds it plans to buy, Europe’s latest effort to resolve the three-year debt crisis. The bank […]
European Central Bank to Buy Government Bonds
Posted September 6th, 2012 at 12:15 pm (UTC-5)
The European Central Bank says it is going to buy the bonds of the debt-ridden countries in the euro currency union in hopes of easing their borrowing costs. The bank set no limit Thursday on the volume of the bonds it plans to buy, Europe’s latest effort to resolve the three-year debt crisis. The bank […]
European Central Bank to Buy Government Bonds
Posted September 6th, 2012 at 10:40 am (UTC-5)
The European Central Bank says it is going to buy the bonds of the debt-ridden countries in the euro currency union in hopes of easing their borrowing costs. The bank set no limit Thursday on the volume of the bonds it plans to buy, Europe’s latest effort to resolve the three-year debt crisis. The bank […]
US Jobless Claims Drop
Posted September 6th, 2012 at 9:05 am (UTC-5)
The number of Americans signing up for unemployment compensation dropped by 12,000 last week. Thursday’s report from the Labor Department says a total of 365,000 newly-laid off workers requested assistance nationwide. Some economists say that’s a little higher than the number of layoffs seen in a healthy job market. Friday, we will learn more about […]
French, Italian Leaders Call For Economic Growth To Stabilize Eurozone
Posted September 4th, 2012 at 6:30 pm (UTC-5)
French President Francois Hollande and Italian Prime Minister Mario Monti have called for urgent efforts to restore economic growth and create jobs in Europe as part of a plan to stabilize the 17-nation euro currency union. After the meeting in Rome, Mr. Hollande told reporters that economic growth will allow eurozone countries to comply with […]
