UNEMPLOYMENT

Youth unemployment is a growing problem and the implications are frightening. Young people are suffering high levels of unemployment in many parts of the world as global economic uncertainty continues.

During a CBS interview, Federal Reserve Chairman Ben Bernanke did not rule out the possibility of more asset purchases, meaning a third round of quantitative easing (QE3) is possible.

Gold rose almost 2 percent on Friday, ending the week on $1,414 an ounce just a few dollars below the all-time record, as the dollar tumbled after disappointing jobs data cast doubt on the strength of the U.S. economic recovery.

Celebrity digital deaths were not able to garner $1 million for AIDS Charity

A late-session rally pushed stocks modestly into the black after a very disappointing November jobs report battered equities earlier in the day.

While the Great Recession has raised the unemployment rates for virtually all Americans, it has served to heighten what has already existed as a long-term trend: the declining employment levels of American men, particularly those who are less educated.

The presidentially appointed commission on the national debt failed today to approve its own plan for tackling the nation’s long-term fiscal problems, but several members called it a victory nonetheless.

The poor jobs data will push Congress to extend both the unemployment insurance benefits and all of the Bush tax cuts, according to Diane Swonk, chief economist at Mesirow Financial.

Manufacturing orders in the U.S. posted a drop in October following a rise for three consecutive months, the U.S. Department of Commerce reported on Friday.

November's jobs data was shockingly bad and casts doubt on the optimism generated by upbeat economic reports from recent weeks.

Weaker-than-expected US jobs data helped the EUR/USD break above its 100-day SMA and pair is now heading toward key long-term resiatnce of 1.3446 (R1 on daily chart).

The unemployment rate in the U.S. surprisingly edged up in November after remaining constant for three months, the U.S. Labor Department reported on Friday.

Disparities in the global economy were evident on Friday with weak jobs data underscoring the long road to recovery in the United States while China and Brazil took steps to contain rapid growth.

Futures on major U.S. stock indices point to lower on Friday after a government report showed that the unemployment rate unexpectedly increased in November.

U.S. employment increased far less than expected in November and the jobless rate jumped to a seven-month high of 9.8 percent, dampening hopes for a self-sustaining economic recovery.

Futures on major U.S. stock indices remained range-bound on Friday as investors await for key U.S. monthly non-farm payrolls and unemployment data from the government.

Eurozone retail sales rose unexpectedly in October for the first time in three months, showing an improvement in household demand.

Futures on major U.S. stock indices point to modestly lower opening on Friday ahead of key U.S. monthly non-farm payrolls and unemployment data from the government.

U.S. employment increased far less than expected in November and the jobless rate jumped to a seven-month high of 9.8 percent, dampening hopes for a self-sustaining economic recovery.

The U.S. economy probably recorded a second month of solid job gains in November, which would bolster views the labor market is improving even though the activity is not enough yet to lower the unemployment rate.

While negotiators for both political parties worked behind the scenes to hammer out a deal on extending the Bush-era tax cuts and, possibly, unemployment insurance, House Democrats pushed through a measure that would extend the tax cuts for individuals making less than $200,000 and married couples making less than $250,000.