UNEMPLOYMENT

IBTimes Logo

Wall Street Falls on Eurozone Rescue Fund Concerns

Stocks retreated on Friday after two days of gains as wealthier nations appeared to pull back from a European Union plan to broaden funding for a plan to deal with the region's sovereign debt crisis.

Jobs Report Contains Modest Good News for Seekers

U.S. Job Market
The U.S. economy added a modest 80,000 jobs in October -- below what economists expected -- but job gains for the prior two months were revised higher: September to 158,000 from the initially-released 103,000; and August to 104,000 from 57,000. And the latter suggests a job market that continues to heal.
More news
Job candidates receive information as they enter a Jobs Fair in Miami

U.S. Job Growth Could Hint at Some Improvement

U.S. employment growth was likely too weak in October to pull down the nation's lofty jobless rate, though it may have been strong enough to suggest some economic momentum is building.
IBTimes Logo

Service sector growth dips, initial claims ease

Fewer Americans filed new claims for jobless benefits last week while the country's vast service sector continued to grow last month, according to data on Thursday that showed the U.S. recovery was on track, though not speeding along.
Historic Toburn Mill, Kirkland Lake, Ontario

Historic Canadian Gold Mining Town Reviving

With a gleam in his eyes, Sidney Hamden recalls the glory days of Kirkland Lake, the little Canadian mining town in northern Ontario that was long ago dubbed The Mile of Gold.
IBTimes Logo

Jobless claims fall 9,000 in latest week

New U.S. claims for unemployment benefits fell below 400,000 last week for the first time in five weeks and a trend reading also edged lower, suggesting a modest improvement in the still-moribund labor market.
Traders work on the floor of the New York Stock Exchange

Futures Rise on Uncertainty over Greek Referendum

Stock index futures edged higher in choppy trade on Thursday on talk the Greek government might collapse, thus avoiding a referendum on a bailout plan and easing concerns about an imminent bailout.
IBTimes Logo

California High-Speed Rail Cost Estimate Soars

The latest business plan for California's proposed bullet-train system puts its cost estimate at nearly $100 billion, more than twice a previous estimate and a stunning amount of money for lawmakers who must decide whether to move forward with the project.
IBTimes Logo

Fed lowers GDP forecast, mulls more action

The Federal Reserve on Wednesday slashed its forecast for growth, raised projections for unemployment and said it was mulling the possibility of buying more mortgage debt to spur a struggling recovery.

In God We Trust: Why a Resolution Now?

In God We Trust was officially reaffirmed as the official national motto of the United States on Wednesday by the House of Representatives. Why did the Republicans bring this vote up now, and was it a good idea?
IBTimes Logo

Private sector adds jobs, slow growth seen

Private employers added more jobs than expected last month, though the lack of robust labor market growth reinforced the Federal Reserve's view that economic progress will likely be frustratingly slow.
Astoria Greeks

New York Greeks Reel as Homeland Again Descends into Turmoil

As international pressure mounts on Greek Prime Minister George Papandreou to drop his bid to put the deal before the Greek people for a referendum vote, and instead immediately accept its terms as drafted, Greek-American New Yorkers are once again shocked at the intransigence of their home country's leadership.
Federal Reserve Chairman Ben Bernanke

Fed Lowers GDP Forecast, Holds Policy Steady

The Federal Reserve on Wednesday slashed its forecast for economic growth, raised projections for unemployment, and suggested Europe's debt crisis posed big downside risks to the U.S. economy.
Job seekers attend a career fair at Rutgers University in New Brunswick, New Jersey

Jobless Rates Dip in Most Metropolitan Areas

Jobless rates dropped in most metropolitan areas in September, and among areas with populations of one million or more they fell the most in Las Vegas, federal data released on Wednesday showed.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.