User: newstrust Topic: Personal Finance
Category: Unemployment
Last updated: Dec 10 2019 01:23 IST RSS 2.0
 
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Paul Volcker, Fed Chairman Who Slew The Inflation Dragon, Dies At 92 9.12.2019 Outside the Beltway
Paul Volcker, the Chairman of the Federal Reserve Board who put an end to the rampant inflation that threatened to choke the American economy, has died at 92.
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Former Fed Chair Paul Volcker dies at 92 9.12.2019 Minnesota Public Radio: Law & Justice
Volcker took the top job at the Federal Reserve in 1979, at a time when inflation was spiraling out of control. He is credited with taming it.
November Job Growth Beats Expectations 6.12.2019 Outside the Beltway
November saw much higher jobs growth than economic analysts were expecting, but it could just be a statistical blip.
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How hard are tariffs hitting the economy? It depends on who you ask 6.12.2019 Minnesota Public Radio: Politics
The U.S. economy is still growing, but trade tensions have taken a toll — especially on factories and farms. The trade war's impact on the overall economy is being debated.
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Despite job boom, more men are giving up on work 5.12.2019 Minnesota Public Radio: Business
The long economic recovery has brought unemployment to historic lows. But the number of men in the labor force during their prime working age has dropped significantly over the past 50 years.
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Corporate Media Ignore Historic Inequality in Reports of “Strong Economy” 25.11.2019 Truthout.com
Almost half of U.S. families can’t afford basics like rent and food, even as corporate media talk of a "strong ...
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California unemployment falls to its lowest rate in more than four decades 16.11.2019 LA Times: Business

California's job market powered ahead in October, as the unemployment rate dropped to a new low and payrolls continued to grow.

FLASHBACK: Remember Krugman Said Markets Would ‘Never’ Recover Under Trump 2.11.2019 NewsBusters
Liberal economist Paul Krugman initially predicted a doomsday scenario for markets following President Donald Trump’s election on Nov. 8, 2016. Krugman initially stated in The New York Times live election blog that “[i]t really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?” Krugman further suggested that “If the question is when markets will recover, a first-pass answer is ...
October Jobs Report Beats Expectations, But Still Comes In As Anemic 1.11.2019 Outside the Beltway
October's jobs report came back better than expected but hardly something to cheer.
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Letters to the Editor: Democrats may be flawed, but at least they're interested in governing 19.10.2019 LA Times: Opinion

State Senate leader Toni Atkins encourages officials to set aside political rhetoric and try to fix California's problems.

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California defies recession fears to post job growth, record low unemployment 19.10.2019 LA Times: Business

Joblessness stood at 4% in September, less than any month since the current methodology was introduced in 1976, state officials reported. That was down from 4.1% in August and a year earlier.

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Telemundo Reports, Univision Omit Record Hispanic Employment Numbers 7.10.2019 NewsBusters
The nation’s leading Spanish-language network newscasts offered differing versions of the latest jobs report: one positive, the other negative. One network covers the jobs report fairly and objectively. The other, blinded by its anti-Trump animus, tells only half the story and finds a way to spin the report ...
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Disappointing Jobs Growth For September 4.10.2019 Outside the Beltway
A somewhat disappointing jobs report for September.
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US unemployment rate falls to 50-year low of 3.5% 4.10.2019 BBC: Business
The figures come amid fears that recent weak economic data points to the US heading for recession.
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Wall Street is ignoring the omens of recession — here’s why 22.9.2019 Raw Story
The Federal Reserve seems a lot more concerned about the state of the economy than it’s been letting on. The Fed lowered its target interest rate by a quarter point on Sept. 18, the second such cut since July – and the first reductions since the Great Recession more than 10 years ago. Judging by […]
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California job growth was healthy in August, but the labor force is shrinking 21.9.2019 LA Times: Business

California's labor force is shrinking, but the state continues to add jobs. Unemployment remains low at 4.1%

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Fed’s rate cut signals a recession may be ahead – and it may not have enough ammunition to fight it 19.9.2019 Raw Story
The Federal Reserve seems a lot more concerned about the state of the economy than it’s been letting on. The Fed lowered its target interest rate by a quarter point on Sept. 18, the second such cut since July – and the first reductions since the Great Recession more than 10 years ago. Judging by […]
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Fed cuts interest rates to prop up the slowing economy 18.9.2019 Minnesota Public Radio: Law & Justice
The quarter-percentage-point cut will lower borrowing costs for households and businesses. That could give a lift to the stock market but may not help the economy much amid the trade war.
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Trump’s economy is at a ‘tipping point’ — and ‘doom loop’ could cause recession: Wall St expert 15.9.2019 Raw Story
America’s economy is in a precarious position 14-months before the 2020 re-election. Many experts believe the state of the economy could be an indicator of whether President Donald Trump is re-elected. Trump himself frequently brags about low unemployment and stock market growth during his time in office. A recession could disrupt Trump’s message on a […]
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Networks Rate Felicity Huffman News As More Epic Than New Unemployment Numbers 7.9.2019 NewsBusters
ABC could only devote 14 SECONDS to the latest unemployment news on Friday night. CBS and NBC skipped it entirely. All three networks reported the latest on actress Felicity Huffman's fate in the college-admissions scandal. ABC actually gave that 18 seconds in the promo at the top of the show (and then a two-minute ...
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