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Unemployment and Payroll Losses Exceed Analyst Estimates
June’s unemployment rate increase was less than economists were anticipating, but the overall number of jobs lost was substantially higher than expected.
The unemployment rate crept…
6Jul2009 | Money Morning | 1 comment | ContinuedEmployment Report on Friday May Be Biggest Monthly Job Loss in 60 Years
When the Labor Department releases February’s U.S. employment numbers on Friday, economists are expecting to see the largest one-month job loss in nearly 60 years.…
3Mar2009 | Money Morning | 0 comments | ContinuedGlobal Unemployment Could Reach 50 Million This Year
The global financial crisis could wipe out 30 million jobs worldwide by the end of 2009, said the International Labor Organization (IOL), an agency of…
29Jan2009 | Money Morning | 0 comments | ContinuedInflation Cools as Economic Downturn Deepens
Consumer prices held steady as the credit crisis took a toll on the sluggish U.S. economy and dampened inflation.
The Labor Department announced yesterday (Thursday) that…
17Oct2008 | Money Morning | Comments Off | ContinuedHeads I Win, Tails You Lose: Why the Senate Bailout Bill Will Fail Taxpayers
My sister lives in a landmark building in Coral Gables, Fla. There was a fire in one apartment in the building. After that fire was…
2Oct2008 | Money Morning | 1 comment | Continued
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