Government Jobs Headlines
German Government Bonds Post First Drop in Six Weeks; Growth Concern Eases
German government bonds posted their first weekly decline since July after U.S. jobs figures and the euro region’s service and manufacturing data beat economist predictions, damping concern the global recovery is faltering.
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Jobs data put pressure on Obama
The latest government figures show hiring remains lackluster, with the nation's jobless rate rising to 9.6% in August. Pressure on President Obama to do something about the weakening economy intensified Friday with new government data showing that hiring remains lackluster, nudging the nation's unemployment rate up to 9.6%.
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Dollar slides after jobs report tops forecast
The dollar slid Friday after a government report on jobs was not as bad as many market watchers had feared, helping assuage fears of another downturn in the U.S.
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Jobs report eases fears of double-dip recession
Companies in the United States added more jobs than expected in August, easing concern the world's largest economy is sliding back into a recession. Private payrolls climbed 67,000 after a revised 107,000 increase in July that was more than initially... United States - Recession - Economy - Recession shapes - Employment
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Jobs are up. So is unemployment.
Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of people looking for work.
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