Dollar rises on Italy, Spain downgrades
NEW YORK (Xinhua) — The U.S. dollar rose against most major currencies in late New York trading on Friday as U.S. unemployment remained high in September and Fitch downgraded credit ratings of Italy and Spain. The U.S. Labor Department said U.S. employment grew by 103,000 workers in September, however, the unemployment rate remained steady at [...]
Unemployment rate skyrockets for unusual reason in August 2011
With unemployment remaining high, the U.S. real estate market has stayed low. The most talked about items today are home foreclosures and sale price reudctions. The rate of vacancy in the US is 12% and showing no sign of improvement. According to unemployment-extension.org, the high demand for jobs shows unemployment can be attributed to the [...]
Asian markets drop on US jobs news
Asian markets fell sharply in early Monday trade and the euro took a beating after a poor US jobs report added to fears that the world’s largest economy is facing a renewed recession.
Making Money is Possible During a Recession
Yesterday, Mariko Lamb, of Talk Radio News Service reported that Keith Hall, Commissioner of the Bureau of Labor Statistics had released Data to the Congressional Joint Committee reporting a moderation in unemployment. A view of this report, available at the Bureau of Labor statistics shows that the unemployment rate has remained consistent at 9.4%. These [...]
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