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By Christopher S. Rugaber WASHINGTON -- The U.S. economy added 146,000 jobs in November and the unemployment rate fell to 7.7 percent, the lowest since December 2008. The government said ...
The unemployment rate fell to 7.7% for November, according to a Department of Labor report [link opens in PDF] released today. This follows October's 0.1-percentage-point rise to 7.9%. Despite a ...
By Christopher S. Rugaber WASHINGTON -- Unemployment rates declined last month in more than half of the 372 largest U.S. cities, further evidence of steady improvement in the job market. The Labor ...
Disasters and accidents Hurricane Sandy: The death toll in the U.S. attributed to Hurricane Sandy rises to at least 90, nearly half in New York City, as millions of people in the Northeastern United States continue to deal with power outages, gasoline shortages and sparse public transportation. (Wall Street Journal) (ABC News) (US News) Damage from the storm is estimated to reach US $50 ...
Annual rate of change of unemployment rate over presidential terms in office. From President Truman onward, the unemployment rate fell by 0.8% with a Democratic president on average, while it rose 1.1% with a Republican. [27] Job creation is reported monthly and receives significant media attention, as a proxy for the overall health of the economy.
Data from the Bureau of Labor Statistics released on Friday showed the unemployment rate was 3.7% for the month, down from 3.9% in October. The US economy added 199,000 jobs in November, an uptick ...
The economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...
By Martin Crutsinger WASHINGTON (AP) -- The Federal Reserve has slightly reduced its outlook for U.S. economic growth this year but is a little more optimistic about the unemployment rate. The Fed ...