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Unemployment Reaches Lowest Level Since the Fall (and Fall) of 2008

Unemployment Reaches Lowest Level Since the Fall (and Fall) of 2008

thewire.com2014-07-03 13:12:08Cache

Jul 2, 2014 12:20PM ET  /  1,011 Views By Dashiell Bennett Crispian Cuss on the not-so-shocking rise of Islamic State, The Wall Street Journal on how a big bank got off easy, Paul Waldman on our crumbling roads, John J. Cohrssen and Henry I. Miller on the failure to develop a meningitis B vaccine, Paul Horowitz on why Hobby Lobby just the beginning.

US economy adds 288,000 jobs in June

US economy adds 288,000 jobs in June 12:46:40Cache

3 July 2014 Last updated at 13:33 The US economy added 288,000 jobs in June, latest figures from the Bureau of Labor Statistics have shown. The unemployment rate dropped to 6.1%, its lowest level since September 2008. That figure beat analysts' expectations and is an encouraging sign for investors and policymakers after disappointing growth in the first quarter of 2014. Economists blamed harsh winter weather for a 2.9% annualised decline in US economic output from January to March.

Gold hovers below 3-month high; US jobs data, ECB eyed

Gold hovers below 3-month high; US jobs data, ECB eyed

brecorder.com2014-07-03 12:39:18Cache

Thursday, 03 July 2014 16:47 Posted by Imaduddin SINGAPORE: Gold slipped to trade below a three-month high on Thursday as investors awaited a string of key data releases later in the day to gauge the strength of the global economy and the fate of stimulus measures by central banks.US data on jobs, unemployment and trade is expected on Thursday, while the outcome of European Central Bank (ECB) policy meeting will also be announced.

Tuesday, July 01, 2014

calculatedriskblog.com2014-07-02 05:19:18Cache

by Bill McBride on 7/01/2014 07:40:00 PM The BLS released the Metropolitan Area Employment and Unemployment report for May today. Unemployment rates were lower in May than a year earlier in 357 of the 372 metropolitan areas, higher in 11 areas, and unchanged in 4 areas, the U.S. Bureau of Labor Statistics reported today. Twelve areas had jobless rates of at least 10.0 percent and 93 areas had rates of less than 5.0 percent. ...Yuma, Ariz., and El Centro, Calif.

Number of Unemployed Bulgarians Drops Below 400 Thousand – Eurostat

Number of Unemployed Bulgarians Drops Below 400 Thousand – Eurostat

novinite.com2014-07-01 20:13:13Cache

In May, the unemployment rate in Bulgaria preserved its level from April and was 11.9%, but decreased by 1.1% compared to May 2013, according to Eurostat. A total 399,000 Bulgarians were unemployed in May 2014 compared to 402,000 in April and to 439,000 a year ago, the latest data of the European Statistical Office shows. This is the first drop of the unemployment rates in Bulgaria below the psychological level of 400,000 in a long time, notes.

European stock markets gain on miners, banks

European stock markets gain on miners, banks

brecorder.com2014-07-01 19:28:45Cache

Wednesday, 02 July 2014 00:02 Posted by Muhammad Iqbal LONDON: European stock markets advanced on Tuesday, with leading French bank BNP Paribas gaining after agreeing to pay a huge fine and miners leading the way in London after well-received Chinese data.Traders also reacted to eurozone official data showing the unemployment total within the bloc dipped by 28,000 in May to 11.6 percent, with continued signs of improvement in Portugal and Ireland.

German jobless rate stagnates in June

German jobless rate stagnates in June

www.rte.ie2014-07-01 09:06:56Cache

Tuesday 01 July 2014 09.47 Unemployment in Germany stagnated in June as clouds begin to appear on the horizon of Europe's biggest economy and favourable statistical effects from mild weather wear off, official data showed today.  The unemployment rate stood at 6.7% in seasonally adjusted terms in June, unchanged from May, while the number of people registered as unemployed rose by 9,000, the Federal Labour Office said in a statement.  That took analysts by surprise.

Warning despite fall in unemployment 23:31:50Cache

Wednesday 18 June 2014 Updated: 19/06 11:21 A BIG fall in unemployment has been welcomed by business chiefs. The Coventry and Warwickshire Chamber of Commerce said the drop to 7,227 from 7,516 in Coventry was a further sign of economic improvement. But Chamber chief executive Louise Bennett warned against complacency.

Loan Loss Allowances Rising As Economy Recovers

bankerandtradesman.com2014-06-29 11:13:54Cache

Sunday, June 29, 2014, 3:00am Saving For A Rainy Day By Laura Alix Banker & Tradesman Staff Writer When talk turns to the economy rebounding, the discussion tends to center on unemployment, the housing market or the age of cars on the road today, but loan loss allowances – those funds banks set aside to cover loans gone bad – tell their own story. A valid subscription is required to read the article or use the tool you've selected.

Houma-Thibodaux gains 2,000 jobs over past year

houmatoday.com2014-06-28 12:13:30Cache

Published: Friday, June 27, 2014 at 5:13 p.m. Last Modified: Friday, June 27, 2014 at 5:13 p.m. Houma-Thibodaux posted the state’s lowest jobless rate at 3.7 percent in May, up from 3 percent the month before, new data shows. The area, down from a 4.5 percent jobless rate in May 2013, gained 700 jobs for the month and 2,000 jobs for the year, according to the Louisiana Workforce Commission.