UNEMPLOYMENT

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Forex - Bank of Canada: high inflation may be temporary

The Bank of Canada on Wednesday emphasized the temporary nature of February's high inflation, a figure that has raised market expectations of an interest rate increase. Paul Jenkins, senior deputy governor at the bank, warned against reading too much into a single number and said the central bank must try to understand the real forces pushing prices higher.

Private sector cuts jobs in March

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Private employers unexpectedly shed jobs in March, dampening hopes about the strength of the recovery two days before the more closely watched government payrolls report.

Forex - Consumer confidence rebounds, home prices rise

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Consumer confidence rebounded in March, while home prices rose in January for the eighth straight month according to a closely watched housing index, bolstering hopes for a sustainable economic recovery. The data on Tuesday came a day after news of further gains in consumer spending as Americans feel more confident about the economy. Consumer participation is critical for the durability of the recovery that started in the second half of 2009.
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Consumer confidence rebounds, home prices rise

Consumer confidence rebounded in March, while home prices rose in January for the eighth straight month according to a closely watched housing index, bolstering hopes for a sustainable economic recovery.
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New jobless claims fall

The number of U.S. workers filing new applications for unemployment insurance fell sharply last week, while the number of those on continued benefits was the lowest since December 2008, a government report showed on Thursday.
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Another hard year for California economy: report

California's economy faces yet more hardship this year marked by high unemployment as its labor market struggles to recover from steep job losses, the UCLA Anderson forecast unit said on Wednesday.
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Home sales dip, credit-related surge eyed

Sales of previously owned homes fell for a third straight month in February and the supply of unsold houses on the market surged, showing the housing market was struggling to find its feet.
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Unemployment soars in metropolitan areas

Unemployment rates in 363 U.S. metropolitan areas rose in January, and 346 areas reported year-on-year declines in their number of jobs, the Labor Department said on Friday.
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Data points to modest recovery, muted inflation

Labor market and consumer prices data on Thursday showed the U.S. economy is on a moderate growth path and inflation pressures are contained, backing up the Federal Reserve's vow to keep benchmark interest rates ultra-low for some time.
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New jobless claims dip slightly, CPI flat

New applications for U.S. jobless benefits fell last week and factory activity in the Mid-Atlantic region accelerated in March, suggesting the economy remained on a modest recovery path.
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New jobless claims dip slightly

The number of workers filing new applications for unemployment benefits fell less than expected last week, while consumer prices were unchanged in February on lower energy prices.
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Canada posts firm job growth; currency rallies

Canada posted firmer-then-expected jobs growth on Friday, confirming its recovery is taking hold, with a report that raised rate hike expectations and sent the currency to its highest since July 2008.
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Jobless claims fall, trade gap narrows

The number of U.S. workers filing new applications for unemployment benefits fell slightly less than expected last week, hinting at a slow labor market recovery.
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Watching from the sidelines

Nothing like becoming an adult than watching those around you become victims of the economy while you're still struggling to regain your own sense of working self.
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Jobless claims fall less than expected

The number of U.S. workers filing new applications for unemployment benefits fell slightly less than expected last week, hinting at a slow labor market recovery.
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Senate passes $149 billion for jobless aid

The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.
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New jobless claims fall, continued claims up

The number of U.S. workers filing new applications for unemployment insurance fell slightly less than expected last week, a government report showed on Thursday, hinting at a slow labor market recovery.

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