UNEMPLOYMENT

There Are No Good Outcomes in The Oil Game

There are no good outcomes, only bad, really bad, and catastrophic. Take your pick. Could gas prices drop below $3.00 per gallon if the world sinks back into recession? Yes. But it would only be momentary. The easy to access supply is dwindling. The medium and long term direction of gas at the pump is up. There is nothing that can be done in the next five years to prevent significantly higher oil prices.
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Gold Price Gains for 5th Week vs. Dollar, Buoyed by Liquidity

The Gold Price eased back for Dollar investors on Friday in London, but recovered one third of yesterday's sharp sell-off – and was heading higher for the fifth weekly gain in a row – as official data said US unemployment retreated to 8.9% last month.
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White House: jobs data shows Obama policies working

White House economist Austan Goolsbee said on Friday the February jobs report showed President Barack Obama's policies were working to improve the economy, but he said more needed to be done to create jobs.
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Payrolls jump, jobless rate near 2-year low

Hiring by employers hit a nine-month high in February and the jobless rate slipped to a nearly two-year low of 8.9 percent, showing the economy is kicking into a higher gear.
David Wormsley, head of investment banking at Citigroup in London, exits Manhattan Federal Court in New York

For Britain's class of 2011, finance keeps allure

Investment bankers have been villified by the public since the financial crisis, and regulators are cracking down on their pay, but Britain's university graduates still aspire to become them. At the country's top universities, the generation of students who started their degree just as Lehman Brothers collapsed are still pursuing lucrative
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Analysis: Finally, jobs data showing some consistency

Mystery solved? For the first time in months, the Labor Department's job market assessment matches up with private surveys showing a pick-up in employment that is finally fast enough to put a substantial dent in the unemployment rate.
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Fed officials argue easy-money policy should stay

The U.S. Federal Reserve is right to carry on with its cheap money policy to fight high unemployment, but policymakers must stay on guard for signs of inflation, two top Fed officials said on Thursday. Atlanta Fed President Dennis Lockhart, speaking in Tallahassee, Fla., said the Fed should stay vigilant for any rise in inflation
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Data points to strengthening growth, jobs

The number of Americans filing new claims for jobless aid hit the lowest level in more than 2-1/2 years last week and service sector hiring picked up in February, signs the labor market recovery was quickening.
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Euro, U.S. business gains, price pressure builds

Growth in the service sectors in the United States and Europe hit its highest in five years in February, suggesting economic growth is accelerating though inflationary pressures are building.
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Full Text: Newt Gingrich on Smaller Government, 2012 Presidential Aspirations

The following is a transcript of a press conference on March 3, 2011 at the Georgia State Capitol with former House Speaker Newt Gingrich where he discusses an initiative to reduce the size of the federal government by creating a 'Tenth Amendment Implementation Act' and his plan to explore a possible presidential run in 2012.
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Fed needs vigilance on inflation: officials

The Federal Reserve Bank should continue to flood the economy with cheap money to fight high unemployment, but policymakers must stay on watch for signs of inflation, two top Fed officials said on Thursday.
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Hard time for Iraqi refugees in weak U.S. job market

Fleeing after years of war in Iraq, many refugees arriving in the United States can't find the jobs they need to rebuild their lives. Unemployment among Iraqi refugees is estimated at nearly three times the national average of 9 percent, and up to 2,000 of those who arrived in the past four years may have left for other countries.
Silhouetted workers walk in front of office towers in the Canary Wharf financial district in London

Data points to strengthening growth, jobs market

The number of Americans filing new claims for jobless aid hit the lowest level in more than 2-1/2 years last week and service sector hiring picked up in February, signs the labor market recovery was quickening. Another report on Thursday confirmed business productivity picked up a bit in the fourth quarter
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Jobless claims hit 2-1/2 year low last week

New claims for unemployment benefits unexpectedly fell last week to touch their lowest level in more than 2-1/2 years, a government report showed on Thursday, slipping further below a key level associated with an acceleration in job creation.
An Adecco logo is pictured at the company's headquarters in Glattbrugg

Adecco sees temporary jobs leading shaky recovery

Adecco (ADEN.VX), the world's biggest temporary staffing company, expects demand to improve as employers seek flexible labour to fill jobs in an uncertain recovery. This year got off to a good start, with sales rising 17 percent organically in January from a year earlier, Chief Executive Patrick De Maeseneire

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