Jon Ogg
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Jobless rate jump to 8.5 pct dampens rebound hopes
Apr 02, 2009 20:00 EDT
Another hellish month for the US labor market pushed the unemployment rate to a new 25-year high of 8.5 percent with 663,000 jobs axed in March, official data showed Friday.
US unemployment jumps to 8.5%
Apr 02, 2009 20:00 EDT
The US unemployment rate leapt to a new 25-year high of 8.5 percent in March as recession-battered employers shed another 663,000 jobs, the Labor Department reported Friday.
US jobless rate jump to 8.5%
Apr 02, 2009 20:00 EDT
Another nightmarish month for the US labor market pushed the unemployment rate to a new 25-year high of 8.5 percent with 663,000 jobs axed in March, official data showed Friday.
US unemployment jumps to 8.5%
Apr 02, 2009 20:00 EDT
The US unemployment rate leapt to a new 25-year high of 8.5 percent in March as recession-battered employers shed another 663,000 jobs, the Labor Department reported Friday.
US unemployment jumps to 8.5 pct, 663,000 jobs lost
Apr 02, 2009 20:00 EDT
The US unemployment rate leapt to a new 25-year high of 8.5 percent in March as recession-battered employers shed another 663,000 jobs, the Labor Department reported Friday.
Banks get breathing room with revamped accounting
Apr 02, 2009 20:00 EDT
A revamping of US accounting rules is likely to ease the strains on the banking system, and the impact could be felt almost immediately, analysts say.
World stocks lifted by G20, US accounting shift
Apr 01, 2009 20:00 EDT
World stocks shot higher Thursday amid greater optimism following a G20 summit pledge to boost efforts to fight recession and a US accounting change that could ease pressure on the banking system.
US accounting body revamps 'mark to market' rule
Apr 01, 2009 20:00 EDT
The US accounting industry agreed Thursday to revamp rules that had required banks to quickly recognize losses from the housing slump and had been blamed by some for worsening the financial crisis.
US revamps accounting rules, easing strain on banks
Apr 01, 2009 20:00 EDT
The US accounting industry moved Thursday to give banks breathing room on recognizing losses from the housing meltdown by revamping rules that had required losses to be quickly booked.
Record 5.8m Americans on benefits
Apr 01, 2009 20:00 EDT
An all-time high of nearly 5.8 million Americans received unemployment benefits last month, government data showed Thursday, suggesting deepening pain in the recession-hammered labor market.
Record 5.8 million Americans on jobless benefits
Apr 01, 2009 20:00 EDT
An all-time high of nearly 5.8 million Americans received unemployment benefits last month, government data showed Thursday, suggesting deepening pain in the recession-hammered labor market.
New US jobless claims hit 669,000 in week
Apr 01, 2009 20:00 EDT
The number of new jobless claims in the United States rose more than expected last week to a 26-year high as employers slashed payrolls amid a recession, government data showed Thursday.
New US jobless claims hit 669,000 in week
Apr 01, 2009 20:00 EDT
The number of new jobless claims in the United States rose more than expected last week to a 26-year high as employers slashed payrolls amid a recession, government data showed Thursday.
Income, spending data give mixed economic signals
Mar 26, 2009 20:00 EDT
US consumer spending rose for the second consecutive month in February as incomes dropped slightly, the government said Friday amid mixed signals of the country extricating from prolonged recession.
Wall Street slumps after massive rally
Mar 23, 2009 20:00 EDT
Wall Street fell heavily Tuesday as investors retreated from a sizzling stock rally a day earlier fueled by a new US government plan to clean up toxic assets in the banking system.
Wall Street slumps after massive rally
Mar 23, 2009 20:00 EDT
Wall Street fell heavily Tuesday as investors retreated from a sizzling stock rally a day earlier fueled by a new US government plan to clean up toxic assets in the banking system.
