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Reports bode well for food, gas prices, and jobs

Americans are finally getting some relief from high gas and food prices. Wholesale food prices fell last month by the most in nearly a year, and gas prices keep dropping after peaking in May. A separate survey suggests CEOs are feeling more optimistic and will hire more in the second half of this year.

 

Justices Uphold Law Penalizing Hiring of Illegal Immigrants

The Supreme Court’s 5-to-3 decision on Thursday amounted to a green light for vigorous state efforts to combat the employment of illegal workers.

 

Private sector adds 179,000 jobs in April

Private sector adds 179,000 jobs in April

Signs of weakness in the U.S. economic recovery mounted as reports on Wednesday showed a sharp slowdown in the vast services sector and less hiring by private companies in April.

 

McDonald’s on a 50,000-job hiring spree

McDonald’s on a 50,000-job hiring spree

Fast-food chain McDonald’s said Monday that it plans to hire as many as 50,000 additional employees in the United States later this month.

 

Applications for unemployment aid drop slightly

Fewer people applied for unemployment benefits last week, adding to evidence that layoffs are slowing and employers may be stepping up hiring.

 

Layoffs Down but Hiring Slow

Layoffs are down, and at pre-recession levels, but hiring remains slow, Labor Department data showed.

Senh: I'll consider this good news.

 

Disappointing data darken economic outlook

Renewed fears of a so-called “double-dip” recession are weighing on investors, spooking consumers and slowing businesses from hiring.

Senh: It seems like companies and people have money; it's just everyone's afraid to spend, thus keeping the economy down. What happens if people just spend like they did before the economic crisis?

 

Economists say recovery continues, but pace slows

Economists say the U.S. recovery continued during the second quarter of this year with more businesses hiring workers and fewer cutting jobs, but the pace of growth has slowed, a new survey shows.

 

Employers see uptick in hiring in 2010

Employers see uptick in hiring in 2010

U.S. employers expect to hire more new workers in 2010 than they did in 2009, a sign the U.S. recession may be easing its grip, research showed on Tuesday.

 

U.S. job openings, hirings slip in October: govt

U.S. job openings and hirings fell in October, government data showed on Tuesday, highlighting the continued distress in the labor market.

 

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