The drop in unemployment to 10 percent ...
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The drop in unemployment to 10 percent was an unexpected boost to the economy, but WSJ’s Sudeep Reddy says the rate is likely to stay in double digits for a while yet.
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French unemployment has lurched further...
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French unemployment has lurched further into the red with more than 57,000 people joining the dole queues in October, a two percent rise on September. It’s the strongest rise since April, and brings the total to 2 million, six hundred and twenty seven thousand. The yearly r...
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U.S. job losses slowed sharply in Novem...
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U.S. job losses slowed sharply in November and the unemployment rate unexpectedly declined to 10.0%. WSJ’s Sudeep Reddy talks with Dennis Berman and Evan Newmark about what this means about the labor market and the larger economy, in the News Hub.
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The U.S. economy lost the fewest jobs s...
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The U.S. economy lost the fewest jobs since December 2007 in November and the unemployment report dropped to 10%. The report suggests recessions’s worst job losses may be in the past. (Dec. 4)
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Big layoffs at U.S. companies are subsi...
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Big layoffs at U.S. companies are subsiding, but small businesses have not yet started to do much hiring. Until that happens, high unemployment is likely to persist, according to John Challenger, of Challenger, Gray & Christmas.
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Democrats in Congress are pushing to ex...
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Democrats in Congress are pushing to extend unemployment benefits, as health insurance subsidies are beginning to run out for jobless Americans.
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Dec. 4 (Bloomberg) — Kenneth Rogoff, an economics professor at Harvard University, talks with Bloomberg’s Deirdre Bolton and Jon Erlichman about his concerns over asset bubbles appearing in the future. Rogoff also discusses Federal Reserve policy, Fed Chairman Ben S. Bernanke's confirmatio...
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