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NYT: Obama aides act to fix safety net

NYT: Obama aides act to fix safety net

Administration officials say that a new effort to combat unemployment would not add up to a second stimulus package, only an extension of the first.

 

Unemployment rate rises to 9.8% as employers cut more jobs than expected

Unemployment rate rises to 9.8% as employers cut more jobs than expected

A net 263,000 jobs were eliminated in September, pushing the jobless rate to a 26-year high. Stocks fall on the news. The nation's labor market took a turn for the worse in September as employers eliminated a net 263,000 jobs, far more than expected and reversing a pattern of steadily declining payroll losses in recent months, the Labor Department said today.

 

247,000 Jobs Lost in July; Rate Falls Slightly to 9.4%

247,000 Jobs Lost in July; Rate Falls Slightly to 9.4%

Even as the July numbers came in better than expected, the job market remains shaky in the months ahead.

 

Japan jobless at six-year record

Japan sees its unemployment reach a six-year high, at 5.4%, with job availability at a new low, in a further sign of the slowdown.

 

Fed: Unemployment will top 10%, but economy looks stronger

The Federal Reserve expects the U.S. economy this year will sink at a slower pace than it previously thought, but that unemployment ...

 

Markets Fall After U.S. Jobs Report

Stocks fell in Europe and Wall Street was set to open lower as investors weighed the impact of a report that showed steeper U.S. job losses than expected.

 

U.S. unemployment rate at 9.5%, a 26-year high

U.S. unemployment rate at 9.5%, a 26-year high

In June, 467,000 jobs are lost; analysts had predicted 350,000. Despite positive signs for the economy in recent weeks, the report is evidence that the jobs market remains troubled.

 

US STOCKS-Dow edges up, but S&P, Nasdaq dip after jobs data

he Dow industrials ended slightly higher on Friday while the S&P 500 and the Nasdaq dipped as investors paused to consider conflicting signals in monthly U.S. jobs data.

 

Job Losses Slow; Unemployment at 9.4%

Job Losses Slow; Unemployment at 9.4%

The U.S. unemployment rate was the highest in 26 years, the government said on Friday, but the loss of 345,000 jobs in May, fewer than expected, was seen as a sign that the job market was no longer in free fall.

 

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