U.S. jobless rate hits 4-year high - Submit Site

DirectoryMix Web Resources » Article Details

U.S. jobless rate hits 4-year high - Read More

Date Added: August 02, 2008 10:48:04 PM

The number of layoffs was less than most analysts expected, but the report from the Labor Department suggested that the pressure on business owners and consumers was likely to continue.

Category: Business & Economy » Labor

No comments are posted yet

Low-paying jobs a drag on economy

SOURCE: RHODE ISLAND DEPARTMENT OF LABOR AND TRAINING UNEMPLOYED Rhode Island residents numbered 41,100 in May, an unprecedented monthly increase of 6,200 and a jump of 12,500 from the same month last year.

Labor Dept. Report of 20,000 Lost Jobs Fewer Than Expected

The Labor Department announced Friday that employers cut 20,000 jobs in April -- fewer than the past three months -- and that the unemployment rate dipped to 5 percent, suggesting that the economy might resist a severe recession.

Contractors worried about the economy

CHARLOTTE, NC (WBTV) - The economy is hitting extremely close to home for many contractors in the Charlotte region. Home sales are down almost 30 percent compared to a year ago.

Labor, Factory Reports Signal Resilience, Even As New-Home Sales Hit 16-Yr Low

New home sales dived last month to their lowest level in more than 16 years, the Commerce Department said Thursday, but other reports suggested the rest of the economy isn't in free fall.

Nevada Business Connections completes venture to California

Nevada Business Connections, launched in July to recruit new business to the Carson-Douglas-Lyon-Story county region, has completed its first venture to California.