Economy sheds fewer jobs than expected

Courtesy MSNBC.com: Business  Fri, 03/05/2010 - 07:53

In this photo taken on Wednesday, March 3, 2010, "Sister Shae Shae" who is disabled and currently unemployed, volunteers helping sort donated food products at the Second Chance Resource Center in Los Angeles.U.S. employers cut a smaller than expected 36,000 jobs in Feb., leaving the unemployment rate steady at 9.7 percent, bolstering views the economy was on the brink of creating jobs.



 

Related items

Economy sheds fewer jobs than expected
Private employers hired more workers than expected in August, lifting hopes for the weak U.S. economy, but the nation’s unemployment rate rose for the first time in four months.

Canada sheds jobs for 1st time since March
Canada's economy shed jobs for the first time in five months as the country's unemployment rate rose to 7.3 percent from 7.2 percent in July, a statistical agency said Friday.

Wall Street tumbles after grim jobs report
U.S. stock prices plunged Friday after the government said the economy added no net jobs last month and the unemployment rate was unchanged at 9.1 percent.

The Trillion Dollar Meltdown: Easy Money, High...
We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions. According to Charles R. Morris, the...

The End of Prosperity: How Higher Taxes Will Doom the...
Arthur Laffer -- the father of supply-side economics and a member of President Reagan's Economic Policy Advisory Board -- joins economist Stephen Moore of The Wall Street Journal editorial...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com