UNEMPLOYMENT

U.S. Labor Market

These Signs Say The US Labor Market Is Healing

While all the headlines in recent months have been devoted to highlighting the "sluggishness" of job creation, the U.S. labor market is actually actively stitching together its wounds.
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Spain Protests

World's Reaction to Spanish Crisis: Screw Them!

The financial and fiscal crisis in Spain entered a new and dangerous phase Tuesday as economic, political, civic and diplomatic links appeared to quickly disintegrate in the face of panic-stricken markets.
One U.S. Job Source: U.S. Manufacturing

US Q2 GDP, Durable Goods, Pending Home Sales: Economic Events For July 23-27

In a fairly light week of data, Friday's first take on the U.S. second-quarter gross domestic product will be the main event. Economists expect a feeble reading of 1.4 percent. This will be the final major data point to influence participants at the July 31 - Aug.1 meeting of the policy-setting Federal Open Market Committee.
U.S. Economy

US’s Tepid GDP Growth Requires More Action To Increase It

Investors can monitor five stats to obtain a reading on the U.S. economy’s strength. Currently, these stats show a slowdown in U.S. GDP growth, which is why Congress should do more to create jobs and help increase the economy’s growth rate.
Rupee

Did Rating Agencies Err While Downgrading India’s Credit Outlook?

President Barack Obama's weekend statement on Indian economic slowdown and recent downgrading of the country's sovereign credit ratings by the global rating agencies has evoked strong criticism from India. The Indian government and a section of authorities have blamed the global rating agencies and foreign investors for misjudging the Indian economy and deliberately trying to downgrade India's image.
Police

UK Murder Rates Drop to 30-Year Low, But Why?

According to the latest figures released Thursday, the murder rate in the UK fell by 14 percent year-on-year to 550 homicides in 2011-12; the lowest it's been since 1983. Violent crime in England and Wales also fell by 7 percent, while robberies declined by 2 percent. Overall crime rates against adults remained at the same as they have been for the last three years.
IMF and U.S.

IMF Urges UK To Jumpstart Economy

Britain risks permanent damage to its economy if the government does not adopt fiscal stimulus measures to reverse the country's recession, the International Monetary Fund (IMF) warned Thursday as it pressed for a reduction in the country's deficits to jumpstart its ailing economy.
Traders on the New York Stock Exchange floor

Strong Corporate Earnings Lift US Stock Futures

U.S. stock index futures point to a higher opening Thursday as corporate earnings reported for the second quarter exceeded expectations, indicating that business conditions are on the path of revival.

Homeownership: (Millennials) Downsizing The American Dream

The recession and housing crash have triggered a sharp decline in the share of American households who own their own home. Homeownership, which is at its lowest point in 15 years, is bound to fall even further, driven by tight credit, lackluster economic growth and more foreclosures.

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