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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 | ContinuedU.S. Economy: More Record Job Losses to Come
T.G.I.M (Thank goodness it’s March).
Unfortunately, that’s what investors were saying when they closed the books on January and times have only gotten worse. The economy…
2Mar2009 | Money Morning | 0 comments | ContinuedNON-FARM PAYROLLS DO LITTLE TO MOVE MARKETS, DOLLAR DECLINES AFTER EARLY RALLY
The dollar was mixed against the majors, as the early part of the trading session was preoccupied with economic data. The EurUsd fell 80pips to…
5Dec2008 | Advanced Currency Markets | 0 comments | ContinuedWill the Loss of Consumer Credit Serve as the Next Economic Aftershock to Further Fuel the Financial Crisis?
U.S. consumers are already losing their jobs at an accelerating rate.
The same thing is now set to happen to their credit lines.
But with so many…
4Dec2008 | Money Morning | 0 comments | ContinuedEconomy Enters Dangerous Waters as Job Losses Mount in June
Payrolls tumbled for the sixth consecutive month in June, bringing the total number of job losses in the first half of the year to 438,000.…
7Jul2008 | Money Morning | Comments Off | Continued
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