Three top Federal Reserve officials aggressively pushed on Friday for more stimulus for the U.S. housing market, saying the government should be looking at ways to help the sector for the purpose of speeding the country's economic recovery.
The United States Department of Labor released the December 2011 Employment Situation report on Friday, presenting a broad-based growth in the labor market in December.
U.S. employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, the strongest evidence yet the country's economic recovery is gaining steam.
U.S. employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, the strongest evidence yet the economic recovery is gaining steam.
U.S. President Barack Obama kicked off an effort to encourage businesses to keep jobs at home instead of outsourcing them overseas, as he rolled out a new election-year theme on Saturday aimed at courting middle-class voters.
According to official figures released by the U.S. government, unemployment rates in the country are hovering around 8.6 percent. However, the American Enterprise Institute (AEI) suggests that a better measure of the real jobless rate -the U-6 - stands at 15.6 percent.
Toronto's main stock index finished lower for the first time this year on Friday, as resource and financial issues fell after Canadian and U.S. jobs data failed to impress investors.
Canada gained 17,500 jobs in December, but the jobless rate rose and the new positions were all part time, further evidence its post-recession hiring surge has ended even as U.S. jobs growth finally picks up the pace.
Despite an upswing in hiring during 2011, the jobs crisis could last many more years as millions of Americans struggle to find work.
U.S. employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, the strongest evidence yet the economic recovery is gaining steam.
Employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, the strongest evidence yet the economic recovery is gaining steam.
Jamaican Prime Minister Portia Simpson Miller said during the swearing in ceremony that the country should become a republic. To do so, Jamaica would have to drop Queen Elizabeth II of England as its head of state.
Two top Federal Reserve officials on Friday pushed the case for more stimulus from the U.S. central bank to help the economic recovery, each zeroing in on the country's weak housing market.
Despite a large amount of borrowing by the U.S. and its large national debt, the interest rate institutional investors charge the U.S. government remains low. What’s going on here?
Employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, offering the strongest evidence yet the economic recovery was gaining steam.
The times and trends are always changing, and some benefit consumers while others do not. But the shopping Web site dealnews did a good job in recent days noting things that will be less expensive and more expensive in 2012. Among the items that will get cheaper in 2012, according to dealnews, is wine and homes.
U.S. employment grew solidly last month and the jobless rate dropped to a near three-year low of 8.5 percent, offering the strongest evidence yet of an acceleration in economic activity.
The latest government report shows that robust hiring activity in December -- better than expected -- pushed unemployment to its lowest level in three years. The Labor Department said December unemployment was 8.5 percent in America, and level we haven't seen since February 2009.
On signs that the U.S. economy is back on track and tensions with Iran may lead to further disturbance in exports in the Middle East countries, crude oil futures headed for a weekly gain in New York. Futures of West Texas Intermediate have surged 3.4 percent this week.
Employment grew solidly last month and the jobless rate dropped to a near three-year low of 8.5 percent, offering the strongest evidence yet of an acceleration in economic activity.
Hiring in the U.S. accelerated in December for a second month and jobless rate fell again to the lowest point in almost three years. Revised data show that hiring in October grew faster than initially reported, while hiring in November was revised down. All signs indicate a strengthening labor market heading into 2012.
Employment grew solidly last month and the jobless rate dropped to a near three-year low of 8.5 percent, offering the strongest evidence yet of an acceleration in economic activity.
