MercoPress. South Atlantic News Agency
Tag: US unemployment
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Friday, September 2nd 2011 - 21:36 UTC
World markets collapse on fears US economy is stalling and dismal jobs data
Fears that the US economy is stalling and may be heading back into recession caused a severe slump in stock markets around the world on Friday. With European indexes already shaken by concerns with Greece and the Euro, worse-than-expected US jobs data drove investors to unload stocks.
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Friday, August 26th 2011 - 03:41 UTC
US weekly jobless claims up; fears of slowdown conditions labour market
Initial US weekly jobless claims surged to 417,000 last week, dimming hopes of an imminent recovery in the jobs market, the US Labour Department said Thursday.
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Saturday, August 20th 2011 - 06:26 UTC
“Years to lower unemployment” with US economy so slow, says Fed member
The United States economy is growing so slowly that it will take years to wrench lofty unemployment rates back to normal levels, Cleveland Federal Reserve Bank President Sandra Pianalto said.
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Friday, August 5th 2011 - 18:44 UTC
US payroll data comes as a relief, but markets fear recession ‘round the corner’
US job growth accelerated more than expected in July as private employers stepped up hiring, a development that could ease fears the economy was sliding into a fresh recession.
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Thursday, August 4th 2011 - 19:37 UTC
US Senate breakthrough for trade agreements with Korea, Colombia and Panama
The United States Senate leaders ended an impasse over stalled free-trade agreements, agreeing to vote after the August recess on benefits for workers who lose their jobs because of overseas competition, which opens the way for the approval of pending agreements with Korea, Colombia and Panama.
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Saturday, July 9th 2011 - 06:51 UTC
Obama says debt-limit controversy fuelling uncertainty in the business sector
President Barack Obama cited gloomy jobs numbers as one more reason lawmakers must strike a deal soon to raise the US debt limit, saying the impasse was fuelling uncertainty within financial markets and in the business sector.
