Topic: Job Growth
W.House's Romer: Too soon for spending clamp-down
Reuters US Online Report Business News
ARLINGTON, Virginia (Reuters) - Clamping down on spending now to cut the gaping U.S. budget deficit would be "pound-foolish" and derail the economic recovery, a top White House economic adviser said on Tuesday. "Immediate fiscal contraction would inevitably nip the nascent economic recovery in the bud -- just as fiscal and ...
Employment data lift hopes but where are the jobs?
AP News
Jobs crisis seems to ease: Unemployment holds steady, employers make fewer cuts than expectedAt last, the unemployment crisis seems to be easing. That's the good news. The bad news? Job creation remains scant because companies still lack enough confidence in the economy to ramp up hiring. The U.S ...
Economy 101: Hiring index nears turning point
AP News
Economy 101: Index that measures the breadth of hiring nears a turning pointAn index that measures the breadth of hiring among private industries is nearing a turning point that could signal consistent job gains. The index is part of the government's monthly employment report. Its rise is evidence that ...
Summary Box: Unemployment rate remains at 9.7 pct.
AP News
Summary Box: Steady jobless rate points to slowly improving employment pictureWORST OVER?: The jobless rate held at 9.7 percent in February, and the economy lost a net 36,000 jobs, a better-than-expected showing. Some economists had predicted deeper job cuts due to severe snowstorms. BETTER DAYS AHEAD: The report ...
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