US unemployment rate poised to reach highest since 1983
The state of the American jobs market will be laid bare on Friday, with fresh figures expected to show that the unemployment rate has almost hit 10pc. By James Quinn, US Business Editor Economists expect new statistics, to be... [read full story]
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Jobless: 10 percent is tougher than it used to be
It hurts more to be unemployed now in the United States than the last time the jobless rate hit 10 percent. Back in the early 1980s, when Schenk lost his job at a phone company, he was able to find several temporary jobs _...
Obama promises help as US unemployment rate hits 10%
Infrastructure spending and tax cuts likely as official figures show October was the 22nd consecutive month of job cuts Barack Obama admitted today that the rise in US unemployment above 10% last month was "sobering" as fears...
AN ECONOMIC DISCONNECT
Can financial markets boom when unemployment remains so stubbornly high? We'll see U.S. import and export trends released on Friday, along with the University of Michigan's monthly consumer sentiment survey. The latest jobless...
WRAPUP 1-Strong Australian housing data supports rate outlook
By Anirban Nag SYDNEY, Nov 9 (Reuters) - Australia's home-loan demand jumped at its strongest pace in six months in September as first-home buyers rushed to take advantage of generous government handouts, keeping the market on...
US Dollar, Japanese Yen Mixed as Surge in Unemployment Rate to 26-Year High Sparks Choppy Reactions
Canadian Dollar Dives Despite Other Commodity Dollar Rallies as Economy Unexpectedly Loses 43,200 Jobs in October Euro Lags Following Cautious Comments from ECB’s Nowotny, Gonzalez-Paramo British Pound Gains Against Dollar as...
Australian job advertisements slip in October
SYDNEY, Nov 9 (Reuters) - Australian job advertisements in newspapers and on the Internet dipped in October, ending two months of gains and pointing to some downside risk for the official employment report due later in the...
How a Public Jobs Program Could Put America Back on Track
Absent public job creation, it is likely that the economy will not fully recover. The official unemployment rate stands at 9.8 percent. But the Bureau of Labor Statistics acknowledges that the adjusted unemployment rate --...
The Two Things That Really Matter
The Two Things That Really Matter By Ian Mathias 11/08/09 Baltimore, Maryland – We’ve said it before, and again and again, but it still bears repeating: The real barometers of this recession are employment and housing… and both...
Stocks could be in for added lift as markets put best face on dismal jobs data
TORONTO - Stock markets could be in for some further gains this week after a better feeling about the U.S. economy put investors in the mood to claw back a good sized chunk of the losses from the prev...
Stocks could be in for added lift as markets put best face on dismal jobs data
By Malcolm Morrison, The Canadian Press TORONTO - Stock markets could be in for some further gains this week after a better feeling about the U.S. economy put investors in the mood to claw back a good sized chunk of the losses...
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