Unemployment

...worse. Summers knows why the US rate is so high. He explained it well in a 1995 paper co-authored with James Poterba of MIT: "Unemployment insurance lengthens unemployment spells." That is: When the government pays people 50 to 60...

In this article: Recession, MIT, Sweden, Germany, and US

...and up from 1.36 percent in the second quarter. Rising U.S. unemployment propelled more mortgage delinquencies and foreclosures, a trend that will continue into next year, the MBA said. "It is all about unemployment, everything else is...

In this article: U.S., Mortgage Bankers Association, and NEW YORK

...has to decide how quickly to unwind its programme of quantitative easing. And on Friday, the US reports unemployment for October, thought to be nearing 10 per cent. Post a Comment Offensive or abusive comments will be removed and your IP...

In this article: US

...seekers struggle NEW YORK -- The dollar's appeal as a safe haven sent it higher against other major currencies Thursday after reports on housing and unemployment raised fears the U.S. economy will be weak next year. But currency market...

In this article: The Fed, Recession, U.S., NEW YORK, Barack Obama, The Conference Board, and Brown Brothers Harriman

...of top eurozone shares was flat at 2,793.00 points. "The main event for global markets today is the latest US unemployment release," said IG Index chief market strategist David Jones. "Considering the strength seen by stock markets so far...

In this article: Royal Bank of Scotland, British Airways, US, Wall Street, London, Tax, IG Index, and Dow Jones Industrial Average

...its highest in 26-1/2 years. High unemployment and excess industrial capacity have led the Federal Reserve -- the U.S. central bank -- to pledge to hold interest rates near zero for an extended period. U.S. fixed mortgage rates sank to...

In this article: U.S., Timothy Geithner, Labor Department, New York, Philadelphia, Semiconductor, and Joint Economic Committee

...Lieberman said on the NBC program, adding that the public option would be an unnecessary step now as the United States faces high unemployment and a growing federal deficit. The procedural vote represented another milestone in what has...

In this article: Dick Durbin, Joe Lieberman, FDA, Liberalism, Tax, Medicare, and House of Representatives

...supportive of further strength in Australian equities. He added that Wall Street's ability to look through the rise in US unemployment to 10.2 per cent in October was encouraging. "It seems as if the markets are looking for good news," Mr...

In this article: Orica, Wall Street, US, Australian Computer Society, Sino Gold, and Commonwealth Bank of Australia

...stimulus package failed to stanch the loss of U.S. jobs. Obama is reacting cautiously to House Democrats' talk of extending aspects of the February bill, such as unemployment benefits. GOP leaders are blasting away. "Americans are asking,...

In this article: Barack Obama, Afghanistan, Bruce Reed, Asia, David Axelrod, GOP, Washington, Blanche Lincoln, and Bill Clinton