Philip Chua Business Blog

Posts Tagged ‘job’

GREECE’S debt crisis rattled investors again yesterday and sent markets south despite overnight gains on Wall Street.
Reassurance from Federal Reserve chairman Ben Bernanke that interest rates would stay low for some time pleased investors, who sent the Dow Jones up 91.75 points, or 0.89 per cent.
But concerns over the weak United States job market and poor housing sales data outweighed the promis… more

Chairman Bernanke’s testimony this week stated the increasingly obvious reality of this recovery “Notwithstanding these positive signs, the job market remains quite weak, with the unemployment rate near 10 percent and job openings scarce.” Meanwhile, the Obama administration projected 9.8 percent unemployment at the end of this year. On the…

Finding a job got much tougher last year, as the number of available openings fell by nearly one quarter.







United States – Employment – Business and Economy – Connecticut – Business

The outlook for jobs became a bit less bleak with January’s unexpected decline in the unemployment rate, which fell to 9.7 percent from 10 percent as more people said they had jobs.







Unemployment – Employment – Business – Great Recession – Job Search

Consumer confidence rose past expectations in January, the third straight monthly increase as Americans begin to feel better about the job picture, according to a report released Tuesday.









United States – Consumer Confidence Index – Business – Home – Consumer Information

The U.S. faces a major hurdle on its road to recovery: The mismatch between the skills among the millions of people who are losing jobs and those needed for jobs being created.







Manufacturing – Employment – Business – Job Search – Business and Economy

When the Senate takes up a jobs bill later this month or early in February, the debate will center on whether it really will create jobs.









United States Senate – Senate – Employment – Business and Economy – Job Search

The number of newly laid-off workers filing claims for unemployment benefits dropped unexpectedly last week, a sign the job market is healing as the economy slowly recovers.

Jobless claims – Unemployment benefits – Labour economics – Layoff – Insurance

Consumer sentiment improved in December from November on some income growth and less gloomy job conditions, a survey showed on Wednesday.









Consumer Confidence Index – Consumer Information – Home – Advocacy and Protection – United States

Treasury Secretary Timothy Geithner says he believes it’s reasonable to expect “positive job growth” by spring and that people should have confidence about an improving economic climate.









United States – United States Secretary of the Treasury – Timothy Geithner – Business – Employment