Sep 05 Unemployment Rate Jumps to Five-Year High By Admin, PBS News Hour The nation's unemployment rate rose to a five-year high of 6.1 percent in August, according to a new Labor Department report, as employers continued to cut jobs in a troubled economy. Continue reading
Aug 19 Wholesale Inflation Rises, Home Construction Falls By Admin, PBS News Hour Wholesale inflation surged in July, leaving prices for the past year rising at the fastest pace in 27 years, while construction of homes and apartments fell to the lowest level in more than 17 years, the government reported Tuesday. Continue reading
Aug 13 Sagging Interest in Motor Vehicles Drives July Retail Sales Down By PBS News Hour Driven down by sagging demand for vehicles, U.S. retail sales had their worst showing in five months in July, according to newly released government figures. Continue reading
Aug 01 U.S. Employers Cut 51,000 Jobs in July By Admin, PBS News Hour The U.S. unemployment rose to its highest level in four years in July as employers slashed 51,000 jobs, according to a Labor Department report released Friday. Continue reading
Jul 03 U.S. Employers Cuts Payrolls by 62,000 in June By Admin, PBS News Hour The Labor Department announced the sixth consecutive month of job cuts as U.S. employers cut 62,000 non-farm workers from their payrolls in June, creating the longest-running decline since 2002. Continue reading
Jun 06 Unemployment Rate Jumps to 5.5% in May By Admin, PBS News Hour The nation's unemployment rate hit 5.5 percent in May as employers cut 49,000 jobs, providing a fresh snapshot of a still-struggling U.S. economy. Employers have now cut payrolls for five straight months. Continue reading
May 02 Labor Dept. Report Shows Fewer Jobs Lost in April By Admin, PBS News Hour Employers cut fewer jobs in April than in recent months and the unemployment rate dropped to 5 percent, the Labor Department announced Friday. Continue reading
Apr 04 Watch 80,000 Jobs Lost in March As Economy Continues To Slow The economy continued its slump in March, sloughing off 80,000 jobs. An economic consultant assesses the latest set of job numbers and what it indicates about the health of the U.S. economy. Continue watching
Apr 04 U.S. Economy Lost 80,000 Jobs in March By Admin, PBS News Hour U.S. employers cut 80,000 jobs in March, the most in five years and the third straight month of losses, according to new Labor Department figures released Friday. Continue reading
Feb 26 Consumer Confidence Drop Among Economic Woes By Admin, PBS News Hour Consumer confidence and home prices plunged while wholesale inflation and home foreclosures jumped, a swath of new negative U.S. economic reports showed Tuesday. Continue reading