Blog
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Unemployment Hits 4-Year Low: 7.5%
Today's jobs report beat expectations: The unemployment rate fell to 7.5%, a four-year low, in April, and 165,000 jobs were created. Economists had expected 148,000 new jobs and an unemployment rate holding steady at 7.6%, the Wall Street Journal reports. More good news from the AP... Go to Source Author: Evann Gastaldo
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Gloom in Spain: Unemployment Hits Record 27%
Spain's unemployment rate has soared to 27.2%, the highest it's been since record-keeping started in the 1970s. Some 6.2 million people were jobless in the first quarter, a figure that has continued to climb for seven quarters. Madrid has sharply curtailed its spending, and these latest numbers are... Go to Source Author: Matt Cantor
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Just 88K Jobs Added in March
Unemployment fell to 7.6% in March, but just 88,000 jobs were added—which the Wall Street Journal calls a "very bad number." Economists weren't expecting much from today's jobs report—according to NPR , they were forecasting "slow and steady" growth—but they had predicted 200,000 new jobs.... Go to Source Author: Evann Gastaldo
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Unemployment Drops to 7.7%
The February jobs report is out, and it's way better than economists expected: The unemployment rate dropped to 7.7% from January's 7.9% ; economists polled by Dow Jones Newswires had expected it to drop to 7.8%. That's the lowest rate since December 2008. And the economy added 236,... Go to Source Author: Evann Gastaldo
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Unemployment Drops to 7.7%
The February jobs report is out, and it's way better than economists expected: The unemployment rate dropped to 7.7% from January's 7.9% ; economists polled by Dow Jones Newswires had expected it to drop to 7.8%. That's the lowest rate since December 2008. And the economy added 236,... Go to Source Author: Evann Gastaldo
