unemployment

Jobless rate drops slightly in September

October 22, 2013 By PAI

The U.S. unemployment rate dropped 0.1 percent from August to September, to 7.2 percent, the BLS said. The partial federal shutdown/lockout sent all of the BLS staff home in the first two weeks of October and...

Obama picks full-employment advocate Yellen to head Federal Reserve

October 9, 2013 By John Wojcik

President Obama has nominated Janet Yellen, Federal Reserve vice chair, to run the Federal Reserve, the most important central bank in the world.

Sudanese rise up against massive price hikes, repression

September 27, 2013 By Emile Schepers

Sudan's capital, Khartoum, and neighboring Omdurman, as well as Port Sudan and other parts of the country, are being rocked by mass protests and government repression, with the loss of at least 70 lives so far...

To ease or not to ease, that is Fed’s question

September 4, 2013 By John Case

The Jackson Hole conference attended by many of the world's top economists, central bankers and policy makers revealed divisions over current Fed stimulus policy.

Unemployment dips, but new jobs likely pay low wages

August 2, 2013 By Mark Gruenberg

The U.S. unemployment rate in July was 7.4 percent, the Bureau of Labor Statistics reported, down 0.1 percent from the month before. A separate survey reported businesses claimed to create a net of 162,000 new jobs...