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Jobless rate falls as 180,000 jobs added
(AP) Yahoo US Economy | 404 days 9 hours 39 minutes ago AP - If you were looking for a job as a teacher last month, you were in luck. Same goes for health workers, retail clerks and building contractors. All told, the economy added 180,000 new jobs, dropping unemployment to a 4.4 percent rate that matched a five-year low.
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March job growth unexpectedly strong
(Reuters) Yahoo US Economy | 405 days 19 hours 18 minutes agoReuters - The U.S. economy added a
stronger-than-expected 180,000 new jobs in March, largely
because of a bounceback in construction hiring, and job growth
was stronger in the two prior months than previously thought,
the Labor Department said on Friday. More Info... |
US not headed for recession: IMF
(AFP) Yahoo US Economy | 406 days 17 hours 6 minutes ago AFP - The US economy will overcome a housing slowdown and avert recession, while the rest of the global economy is in sound health, IMF chief economist Simon Johnson said Thursday.
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China tells banks to increase reserves
(AP) Yahoo US Economy | 406 days 19 hours 18 minutes agoAP - China told banks Thursday to increase their reserves for the third time this year, cutting the amount of money available for lending in a new effort to cool an investment boom that Beijing worries could lead to a financial crisis. More Info... |
Service industries expand at slower rate
(AP) Yahoo US Economy | 407 days 12 hours 27 minutes agoAP - The U.S. service sector expanded at a slower rate in March than in the previous month, a trade group said Thursday, coming in below economists' expectations and adding to concerns that U.S. economic growth is slowing. More Info... |
Slow service growth latest sign of weakness
(Reuters) Yahoo US Economy | 407 days 16 hours 14 minutes ago Reuters - Growth in the dominant U.S. service
sector fell to a four-year low last month while the job market
showed only modest improvement, according to reports on
Wednesday that reinforced views of a weakening economy.
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