October 10, 2010
NEW YORK (CNNMoney.com) — The job market suffered another blow last month, as business hiring dwindled and the government continued to shed workers. Overall, the economy lost a total of 95,000 jobs in September, the Labor Department reported Friday, far worse than expected and down from the previous month, when employers shed 57,000 jobs. Government […]
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September 7, 2010
from Bloomberg, by Timothy R. Homan The jobless rate in the U.S. is likely to approach 10 percent in coming months as the economy fails to grow enough to employ people rejoining the labor force, economists said. Private payrolls climbed 67,000 in August, after a gain of 107,000 the previous month, and the unemployment rate […]
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