The U.S. unemployment rate is expected to remain unchanged for October when the government releases its monthly jobs report on Friday. Economists are predicting the nation’s economy added at least 95,000 jobs last month, keeping the unemployment rate at 9.1 percent for the fourth consecutive month. The number of non-government or private sector jobs is […]
Mixed Results Expected for October US Jobless Report
Posted November 4th, 2011 at 3:55 am (UTC-5)
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Police: South Africa Murders Decrease; Rapes Increase
Posted September 8th, 2011 at 6:51 am (UTC-5)
South Africa’s minister of police says the country’s murder rate has fallen, but that the number of reported cases of rape remains unacceptably high. Minister of police Nathi Mthethwa said in a report released Thursday murders in South Africa have been drastically reduced since the 1995-1996 fiscal year, when more than 26,000 people were killed […]
August Unemployment Rate Expected to Remain Steady
Posted September 2nd, 2011 at 7:30 am (UTC-5)
Analysts believe the U.S. unemployment rate will remain stuck at 9.1 percent when the government releases its monthly jobs report Friday. Most economists predict the figures will show at least 90,000 jobs were added to the anemic U.S. economy last month. If the forecasts hold true, it would be well below the 250,000 jobs that […]
India Again Raises Interest Rate to Combat Rising Inflation
Posted July 26th, 2011 at 10:00 am (UTC-5)
India’s central bank has again raised its key interest rate in an effort to temper the country’s high inflation. The Reserve Bank of India on Tuesday increased the repurchase, or repo rate, by half a percentage point to 8 percent. The repo rate is the rate at which it lends to commercial banks. RBI head […]
India Again Raises Interest Rate to Combat Rising Inflation
Posted July 26th, 2011 at 3:25 am (UTC-5)
India’s central bank has again raised its key interest rate in an effort to temper the country’s high inflation. The Reserve Bank of India on Tuesday increased the repurchase, or repo rate, by 50 basis points to 8 percent. The repo rate is the rate at which it lends to commercial banks. It also raised […]
Japanese Poverty Rate Reaches New High
Posted July 13th, 2011 at 5:50 am (UTC-5)
The Japanese government says the nation’s poverty rate rose to a record 16 percent in 2009. The Health, Labor and Welfare Ministry says the figure is the highest since the government began to compile the data in 1985. The 2009 rate is 0.3 percentage points higher than the last previous survey in 2006. Japan’s poverty […]
US Births Down For Third Year
Posted June 15th, 2011 at 5:40 pm (UTC-5)
New data released in the United States shows that birth rates in the country have declined for a third year in a row. The U.S. Center for Disease Control and Prevention says its provisional count of births in the United States for 2010 was just over 4 million. That is down 3 percent from the […]
US Jobs Rate Likely to Show Drop in Hiring
Posted June 3rd, 2011 at 7:35 am (UTC-5)
Economists are predicting the U.S. Labor Department will issue a report Friday showing anemic job growth during May. The forecasts vary on how many Americans were hired last month, with many economists settling on just over 160,000 jobs created – a sharp decline from the 244,000 increase reported in April. The U.S. unemployment rate will […]
