UNEMPLOYMENT

U.S. Economy

On Jobs, The US Congress, And You

Cutting federal spending in 2012 could tip the U.S. economy back into a recession, just as it almost did in 1937. On the contrary, if the federal government spent more on infrastructure and public works projects now and in the immediate quarters ahead, it would create millions of jobs.
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Unemployment

How Bad Was The US Jobs Report? Not That Bad: Analysts

Although Friday's closely watched June jobs report missed expectations, analysts are looking on the bright side: Income and hours worked both rose and the country's job market is still growing, despite global turmoil.
A job fair at Rutgers University.

June US Unemployment Rate Holds At 8.2%, Payrolls Up Only 80,000

Non-farm payrolls rose by a paltry 80,000 in June, while the unemployment rate remained stuck at 8.2 percent as the labor participation rate was unchanged at 63.8, the Labor Department said Friday. Economists polled by Thomson Reuters had called for a total gain of 90,000 jobs.
Traders work on the floor of the New York Stock Exchange

Global Economic Concerns Drag US Stock Futures Down

U.S. stock index futures point to a slightly lower open Friday as the interest rate cuts announced by central banks in Europe and China on Thursday failed to convince investors that the measures will be sufficient to rejuvenate the struggling global economy.
International Business Times Logo

Unemployment To Remain High Through 2016: Report

President Obama and Mitt Romney are both campaigning on a promise to revitalize the economy, but a new poll of economists offers a gloomy forecast for the next presidential term no matter who is in the White House.
Asian Shares

Asian Stocks Fall Ahead Of ECB Meeting

Asian stock markets declined Thursday as market participants remained cautious ahead of the European Central Bank (ECB) and Bank of England's (BOE) policy decision meetings later in the day.
Oil

Crude Oil Futures Hover Near $87 Ahead Of ECB Decision

Oil prices remained near $87 a barrel during Asian trading hours Thursday as investors were awaiting the key monetary decisions from the European Central Bank (ECB) and Bank of England.
Asian Markets

Asian Stocks Mostly Higher On Stimulus Hopes

Asian stock markets mostly advanced Wednesday on hopes that major central banks around the world would act to tackle the deteriorating global economic conditions.

Asian Stock Markets Gain On Easing Hopes

Asian stock markets advanced Tuesday as weak economic reports from around the world boosted hopes for stimulus measures from major central banks globally.
oil

Crude Oil Futures Advance On Iran Tensions

Crude oil futures advanced Tuesday on fears that growing tensions between Iran and the West may threaten crude supplies from the Middle East.
The euro zone has entered a technical recession in the first quarter of 2012, according to Eurocoin

This Time, Spain Won't Be Back In 10 Minutes

Europe's fourth-largest economy is putting millions of people out of work. This time, it won't be back in 10 minutes like the post-it notes of Spanish employees when they leave their desks for a half-hour coffee break every so often.

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