U.S. 11% Unemployment Coming by May?
Over the weekend I received an email from Irishscot2, a poster on MarketWatch, regarding seasonal adjustments to the unemployment rate.
Why US job claims matter to UK stock prices
American dole queues could be partly to blame. Initial jobless claims for the last week in January were expected to fall. But they climbed by 8,000 to 480,000, suggesting the US economy is doing worse than was thought. In turn, that’s a bad sign
Europe’s economic troubles
Unemployment has dipped slightly in the US. The Labor Department says the jobless rate crept down to 9.7 percent in January from 10 percent. But a separate survey found that US employers shed some 20,000 jobs last month.
Job Loss Rates Across Various Recessions
I posted this chart sometime in 2009, but trying to find old data within some 6000 historical posts is proving to be increasingly difficult!
Swiss Retail Sales Rise, Unemployment Rate Unexpectedly Fall
Swiss retail sales rose and unemployment unexpectedly declined as the economy continued to strengthen.
Swiss unemployment rises less than expected in Jan
Swiss unemployment ticked higherin January, data showed on Monday, but that rise was less than
economists had forecast, indicating the nascent recovery in
other sectors might be filtering through to the labour market.
Alan Greenspan says recession is 'essentially over'
Former Federal Reserve Chairman Alan Greenspan said the recovery is "going to be a slow, trudging thing" and predicted unemployment would stay sky-high for a while.
Swiss Unemployment Highest Since 1998
Switzerland’s unemployment rate in January rose to 4.5% from 4.4% the month prior, with economists’ expectations of 4.6%, marking its highest level since March 1998, while the seasonally adjusted rate slipped to 4.1% from 4.2% the previous month,
US employment report shows conflicting data
Friday's employment report had conflicting trends between the payroll numbers and the household survey. Although the unemployment rate fell unexpectedly, payroll jobs continue to contract.
Swiss unemployment rises less than expected in Jan
Swiss unemployment ticked higherin January, data showed on Monday, but that rise was less than
economists had forecast, indicating the nascent recovery in
other sectors might be filtering through to the labour market.
Unemployment Falls Despite Payroll Cuts
On Friday the U.S. Department of Labor released its monthly employment data for January, which found that despite the economy shedding 20,000 jobs, the unemployment rate unexpectedly dropped to 9.7%, a five-month low, reports Reuters.
Mixed job report tries to curtail losses at Wall Street
A mixed job report weighed on stocks for the entire day on Friday. On one hand, unemployment rate fell in US but on the other hand, job losses once again increased in the latest month.


