Blog
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Unemployment Inches Up to 7.9%
The unemployment rate ticked up from 7.8% to 7.9% in January, according to a jobs report the Wall Street Journal calls "disappointing." The economy added 157,000 jobs, slightly below expectations of 166,000. But here's some news that got a "Whoa, mama!" from the Journal : Numbers for... Go to Source Author: Evann Gastaldo
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Walmart: We’ll Hire Every Veteran Looking for Work
Walmart is set to make a pretty bold hiring announcement today: It plans to employ every veteran looking for work. The statement does, however, come with an asterisk—veterans must have left the military within the past 12 months and not have been dishonorably discharged. Still, the five-year plan, which... Go to Source Author: Kate Seamons
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Greek Unemployment Hits Record High
Unemployment in Greece has climbed even higher, reaching 26.8% in October, according to figures released today, while another lawmaker abandoned the coalition government over a Swiss Bank account scandal. The Statistical Authority said unemployment increased from 26.2% in September 2012, and marked a significant jump from the 19.... Go to Source Author:
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EU Unemployment Hits All-Time High
Eurozone unemployment hit 11.8% in November, leaving a record 18.8 million out of work, according to data released today by the EU's official statistics agency. The figure, the highest recorded since the currency union formed in 1999, is only a touch higher than October, but a full 1.... Go to Source Author: Kevin Spak
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Unemployment Holds at 7.8%
Today's jobs numbers fell just slightly below the expectations of economists: 155,000 jobs were added last month, when 160,000 had been expected, the Wall Street Journal reports. The unemployment rate held steady at 7.8%; last month's initial rate of 7.7% was revised upward. Some observations from... Go to Source Author: Evann Gastaldo
