| US unemployment rate at 26-year high | 03-OCT-09 |
|
| Employers cut more jobs than forecast last month and the unemployment rate rose to a 26-year high, calling into question the sustainability of the economic recovery. |
|
|
|
|
|
|
| Really green | 11-AUG-09 |
|
| The green shoots spotter: It is starting to look like the markets were prescient. From March on, most financial indicators were flashing green – rising stocks, narrowing credit spreads, increasing commodity prices. But actual economic green shoots have been harder to find. Finally, the ground is looking more verdant. For the first time in its 15-week history, the Breakingviews.com’s Green Shoots Spotter of economic newsflow is closer to “Stable” than “Getting Less Bad”. |
|
|
|
| False dawn | 10-AUG-09 |
|
| US jobs: Optimism over the small decline in the US unemployment rate is premature. The stock market enjoyed a mini-rally after the government reported that the jobless rate had fallen to 9.4% from 9.5%. But this was caused by a decline in the labour force, which is not a sign of economic revival. The fiscal and monetary mess could lead to a halting recovery with ongoing job losses. |
|
|
|
| US unemployment rate slips to 9.4% | 07-AUG-09 |
|
| The number of jobs lost in the US came down sharply by 247,000 as the unemployment rate declined to 9.4 per cent in July, one of the strongest indications yet that recession in the world's largest economy is easing. |
|
|
|
| Still heading south | 04-JUL-09 |
|
| US unemployment: So much for green shoots. The 467,000 decline in US non-farm payroll employment in June was greater than in any month of the 2001-02, 1990-91 or 1980-82 recessions. Even discounting possible “noise” in the Bureau of Labor Statistics figures, this shows the recession is not yet bottoming. Stock markets, budget estimates and stress test assumptions may all have been too optimistic. |
|
|
|
| US unemployment may blow up stress test parameters | 11-MAY-09 |
|
| The rise in unemployment to 8.9% in April from its low of 4.4% in 2007 is more rapid than all but one post-war recession, and is closing in on the “worst case” scenario envisioned in the US bank stress tests. Since stress test loss calculations were based on statistical analyses of historical data, if unemployment soars into uncharted territory there could be some nasty surprises. |
|
|
|
| Surging US jobless rate puts pressure on Obama | 09-MAR-09 |
|
| The jump in the US unemployment rate to the highest level in a quarter century last month suggests the recession is deeper than the Obama administration forecasts and additional measures may be needed to restart growth. |
|
|
|
| US unemployment rate rises to 8.1% | 06-MAR-09 |
|
| The US unemployment rate jumped to 8.1 per cent in February, the highest level since December 1983, a surge likely to push more Americans into bankruptcy. |
|
|
|
|
|
|
| Buoyant Japan lifts Asia | 13-MAR-07 |
|
| Asian stocks rose for a third day after Japan reported economic growth that beat estimates and US unemployment unexpectedly fell.
|
|
|
|
|
|
|
Content Guide
