Although it has been a slow one, there have been some bright spots in the United States economic recovery, says New York Federal Reserve President William Dudley in a speech Friday. The central banker confirmed that it will not be walking away from an accommodative monetary policy … [Read more...]
U.S. Employment Outlook Improving Despite Fiscal Cliff Scare
In spite of the looming fiscal cliff and the enormous impact of super storm Sandy on jobs, the overall employment outlook is improving. The effects of super storm Sandy have taken a bigger toll than that of government gridlock, but aside from the storm's affects, new jobs added were … [Read more...]
Labor Department Releases October Jobs Report
Friday’s announcement from the Labor Department was welcome news, as employers added an estimated 171,000 new positions in October—more jobs than estimated the past two months. In fact, economists had forecast only 125,000 jobs would be added in October. Jobs growth from the previous … [Read more...]
Government Reports Indicate Rebounding Economy
The Federal Reserve announced Friday August consumer borrowing increased $18.1 billion over July, its highest amount in three months. The figure rebounded from July’s $2.5 billion borrowing drop—the first in almost a year. Not only did borrowing gain in areas of auto loans, credit … [Read more...]
Unemployment Rate
Filed Under: u by
Unemployment Rate The percentage of people in the labor pool of a country who are without a job but are looking for work. Random Finance Terms for the Letter U Underwriting Standards Underwriting Syndicate Underwritten Offering Undiversifiable Risk Unearned … [Read more...]
