All Posts Tagged With: "Jobs Report"
Following a not so spectacular first debate, President Barack Obama got a boost on Friday from the latest Department of Labor jobs report. The government report showed that unemployment in the U.S. had dropped to 7.8% during September. The rate is the lowest and 44 months. No incumbent president has been re-elected with the unemployment [...]
Even though the unemployment rate in the country dropped from 8.3% to 8.1%, just 96,000 new jobs were added in August. The latest reports highlighting a sluggish American economy come less than two months away from the presidential election. The figure for new jobs was lower than expected and might slow President Obama’s momentum following [...]
On Friday, Congress was urged by President Obama to pass parts of his jobs plan. He warned lawmakers that severe cuts in government spending and reverberations due to the economic downturn in Europe could push the economy in the U.S. into a tailspin. On Friday, at a White House press conference, the president warned the [...]
A new jobs report was released by the Labor Department on Friday, and showed that the economy is growing, but at a very slow rate. Employers around the country only added a net 115,000 new jobs for April. In March, that number was 154,000 after being adjusted up from 120,000. The number of jobless individuals [...]
More people in the U.S. filed for jobless benefits than were expected and pre-owned home sales dropped unexpectedly, indicating there may be a moderation in the economic expansion of past three years. Labor Department data today showed that jobless claims dropped by 2,000 for the week that ended April 14, to 386,000. The estimate by [...]