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Latest Chris Williamson Items
The federal shutdown last month caused a small rise in the unemployment rate to 7.3 percent but it was a surprisingly good month to find jobs in the private sector, the Labor Department reported Friday morning.
The Federal Reserve maintained its easy money policies Wednesday, noting that federal budget cuts and the October shutdown continue to weigh on growth and as a result, the economy continues to need support.
U.S. businesses created nearly 200,000 new jobs for the third month in a row in June, helping to hold the unemployment rate steady at 7.6 percent, the Labor Department reported Friday morning.
The nation's unemployment rate ticked up to 7.6 percent from 7.5 percent last month as the federal government laid off another 14,000 workers and nearly a half million people surged into the market looking for work, the Labor Department reported Friday morning.
Consumers remained largely undaunted by the budget wars in Washington last month, with retailers reporting a 0.1 percent increase in sales after a 0.5 percent slump in March, the Census Bureau reported Monday morning.
Economic growth accelerated from near zero to a 2.5 percent rate in the winter quarter as consumers went on a spending spree, the Commerce Department reported Friday morning.
The nation's unemployment rate declined from 7.7 percent to 7.6 percent in March as more people stopped looking for work and businesses added another 88,000 jobs, the Labor Department reported Friday morning.
The nation's unemployment rate dropped to a four-year low of 7.7 percent last month as job growth accelerated to 236,000, the Labor Department reported Friday morning.
The nation's unemployment rate dropped from 7.9 percent to 7.7 percent last month — the lowest in nearly four years — as businesses added another 146,000 jobs, the Labor Department reported Friday morning.