User: newstrust Topic: Personal Finance
Category: Unemployment
3 new since Jul 31 2014 19:28 IST RSS 2.0
 
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Applications for US unemployment benefits increase to 302k; still at pre-recession levels 31.7.2014 Star Tribune: Politics
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Even as jobs return, lagging incomes and home equity leave many Americans feeling glum 31.7.2014 Star Tribune: Business
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US jobless aid applications rise to 302,000 31.7.2014 Star Tribune: Latest
More people sought U.S. unemployment benefits last week, but jobless claims remain at pre-recession levels.
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Economy rebounds from dismal winter as growth rate surges 4% in second quarter 31.7.2014 Washington Post
After suffering the sharpest contraction since the recession ended, the U.S. economy rebounded this spring, providing fresh evidence that the recovery is finally turning a corner. Government data released Wednesday shows the economy expanded at an annual rate of 4 percent during the second quarter. Consumers pulled out their wallets, businesses restocked their inventories and even the long-moribund housing market perked ...
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Job worries linger, but the economy is looking good 31.7.2014 Minnesota Public Radio: Business
We're in a sweet spot -- growing at a decent rate with good reason for optimism.
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Fed more confident in job market but nods to pickup in inflation 30.7.2014 Ezra Klein
The Federal Reserve on Wednesday expressed growing confidence in the health of America’s job market and acknowledged that inflation is beginning to pick up. In a carefully worded statement, the central bank’s top officials noted that unemployment has fallen but abandoned the caveat it had delivered in previous communication that the jobless rate remains elevated. ...
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Second-quarter GDP beats expectations. Revision shows first quarter not as awful as earlier thought 30.7.2014 NewsTrust Yahoo Pipes Feed
Even the most pessimistic analysts had predicted that second-quarter growth in gross domestic product would show a strong rebound over the dismal results of the first quarter. All but the most optimistic missed just how strong it would be. According to the Commerce Department's Bureau of Economic Analysis Wednesday, annualized growth in seasonally adjusted real (that is, inflation-adjusted) GDP rose 4 percent during April-June. The consensus of analysts surveyed by Bloomberg had estimated 3.1 percent growth earlier this week. For the fourth time this year, the bureau estimated the growth of real GDP for the first quarter. Last month, it had revised its two previous estimates to a stunning minus 2.93 percent, one of the sharpest contractions outside a recession since World War II. The newest first-quarter estimate, part of the BEA's regular comprehensive revisions, came in at 2.1 percent. Overall, real GDP growth for the first half of 2014 is now estimated at 1 percent. The department always provides ...
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Wonkblog: Economy’s growth rate surges to 4 percent in second quarter 30.7.2014 Washington Post

After suffering the sharpest contraction since the recession ended, the U.S. economy rebounded this spring, growing at a solid 4 percent annual rate, according to new government data released Wednesday.

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Twin Cities recovered well from recession, study finds 29.7.2014 Twincities.com: News

How well have the Twin Cities recovered from the recession of 2007 to 2009?

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More Than Half Of Spaniards In Their 20s Are Unemployed 28.7.2014 NPR: Morning Edition
Even though Spain's economy is out of recession, youth unemployment has hit 57.7 percent — more than double the continent's average. Economists say it could be years before jobs return. By then, many Spanish 20-somethings — dubbed the "lost generation" — will have missed a decade or more of work.
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NYT Headlines Decline in Median Net Worth Since 2003, Downplays Much Steeper Drop Since '07 28.7.2014 NewsBusters
Which is the more important statistic: A 36 percent decline in U.S. median household net worth since 2003, or a 43 percent decline in that same statistic since 2007? The average person would certainly be more concerned about the latter, which represents an annual drop of about 7 percent compared to the less than 4 percent per year seen in the past decade. But apparently if you're a reporter or editor at the New York Times, the former statistic is of far more interest, while the latter doesn't merit a specific numerical ...
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Office real estate market finally catches up 25.7.2014 Star Tribune: Business
Vacancy rates are falling as demand surges in downtown Minneapolis.
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Job loss, not recession, ups death risk 25.7.2014 New Kerala: Health News
Washington, July 25 : If we believe US researchers, job loss is associated with a 73 percent increase in the probability of death - the equivalent of adding 10 years to a person's age.
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Layoffs decline - fueling hope that pay will rise 25.7.2014 SFGate: Business & Technology
Which is why applications for unemployment benefits have dwindled to their lowest level since February 2006 - nearly two years before the recession began - the government said Thursday. [...] the steadily declining level of layoffs suggests that employers may have to hire even more aggressively and raise pay if they want to expand their businesses, said Joel Naroff, president of Naroff Economic Advisers. The shortage of laid-off workers searching for jobs means that more companies may need to pay more to attract talent. [...] far, wage growth has essentially only kept pace with inflation, and household incomes remain below their 2007 levels. Throughout the economy, layoffs have fallen so much that the number of people seeking unemployment benefits plunged last week to a seasonally adjusted 284,000, a low last achieved in February 2006. [...] after accounting for U.S. population growth, the number of people applying for unemployment aid has reached its lowest point since 1999.
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Across U.S. job market, layoffs are becoming rare 25.7.2014 Salt Lake Tribune
Washington • The risk of losing your job is getting smaller and smaller. As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers. Which is why applications for unemployment benefits have dwindled to their lowest level since February 2006 — nearly two years before the Great Recession began — the government said Thursday. The trend means greater job security and suggests a critical turning point in the economic recovery. It rais...
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Across US job market, layoffs are becoming rare 25.7.2014 San Jose Mercury News: Breaking News
The risk of losing your job is getting smaller and smaller. As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers. Which is why applications for unemployment benefits have dwindled to their lowest level since February 2006 -- nearly two years before the Great Recession began -- the government said Thursday.
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Across US job market, layoffs are becoming rare 25.7.2014 AP Business
WASHINGTON (AP) -- The risk of losing your job is getting smaller and smaller....
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U.S. unemployment aid applications drop to 284,000 25.7.2014 Salt Lake Tribune
Washington • The number of people seeking U.S. unemployment benefits fell last week to its lowest level in more than eight years. Weekly applications for unemployment aid dropped 19,000 to a seasonally adjusted 284,000, the Labor Department said Thursday. That’s the lowest reading since February 2006, nearly two years before the Great Recession began. The four-week average, a less volatile measure, declined 7,250 to 302,000. Claims for jobless aid have been falling for the past three months. Rec...
Across U.S. job market, layoffs are becoming rare 25.7.2014 Salt Lake Tribune
Washington • The risk of losing your job is getting smaller and smaller. As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers. Which is why applications for unemployment benefits have dwindled to their lowest level since February 2006 — nearly two years before the Great Recession began — the government said Thursday. The trend means greater job security and suggests a critical turning point in the economic recovery. It raise...
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GovBeat: Need food? Maine’s governor wants you to work for it 24.7.2014 Washington Post: Politics
The state of Maine plans to reinstate work requirements for food stamp recipients, part of a broad effort by Republican Gov. Paul LePage (R) to reform what he has characterized as the state’s unhealthy reliance on ...
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