Latest topics
Social Networks
Links to Affiliates and Resources
Displaced American Workers United
Outsaurus
Extend Unemployment Benefits
Unemployed Workers.org.
Examiner.com Denver
99ers.net/
US Economy Preview for June 2011
Page 1 of 1
US Economy Preview for June 2011
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/07/02/bloomberg1376-LNNYZQ0UQVI901-7OJ3EI9DTQLL1LV1BN562LK2PL.DTL#ixzz1R3COFslKEmployers in the U.S. probably expanded payrolls at a pace that failed to reduce the unemployment rate in June as companies sought to contain costs amid slower growth, economists said a report may show this week.
Payrolls climbed by 100,000 workers after a 54,000 increase in May that was the smallest in eight months, according to the median forecast of economists surveyed by Bloomberg News ahead of Labor Department data due July 8. The jobless rate held at 9.1 percent. Another report may show growth in services cooled.
A recovery that Federal Reserve Chairman Ben S. Bernanke said is "frustratingly slow" explains why employers such as Lockheed Martin Corp. and Gannett Co. are cutting positions or becoming reluctant to add as many workers. Faster payroll growth is needed to spur consumer spending that accounts for 70 percent of the economy.
Guest- Guest
Similar topics
» Does Your State Qualify for US Federal Extended Benefits? Update June 30, 2011
» The President's Jobs Plan (Not)
» Unemployment Rates for States Released June 17 -US Dept. of Labor BLS
» Veterans' unemployment rate hits 13.3% in June
» June US Unemployment Rate up to 9.2%; only 18,000 Jobs added!
» The President's Jobs Plan (Not)
» Unemployment Rates for States Released June 17 -US Dept. of Labor BLS
» Veterans' unemployment rate hits 13.3% in June
» June US Unemployment Rate up to 9.2%; only 18,000 Jobs added!
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Wed Feb 06, 2019 3:59 pm by Sad American
» UF2 Members Chat Thread: Part 3
Thu Mar 02, 2017 1:02 am by DesperateInRI
» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
Wed Mar 01, 2017 8:19 pm by DesperateInRI
» I see this board has been quiet
Tue Jun 07, 2016 1:24 pm by Knight1009
» Hello Ya'll. *Theirmommie*
Tue Nov 17, 2015 9:42 am by my_lucid_bubble72
» 20 % of Americans Struggle To Buy Food
Thu Jul 16, 2015 1:00 pm by pbrad009
» The Make Some One Day Challenge
Wed May 27, 2015 12:32 pm by Prof_NSA
» Clues to why they not hiring you
Sun Apr 05, 2015 5:25 pm by Sandra5yearsunemployed
» New Year Nothing Change
Tue Jan 20, 2015 5:48 pm by Prof_NSA
» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
Fri Dec 19, 2014 4:24 pm by charliekerper
» Forbes: America's #1 Problem is Jobs, Not Debt
Sat Nov 15, 2014 10:50 pm by jmainframe
» Economy just getting worse
Mon Oct 06, 2014 12:16 pm by oncemore
» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
Fri Oct 03, 2014 11:23 am by DesperateInRI
» Hey Guys!!!!
Mon Sep 29, 2014 9:17 am by pbrad009
» Up all NIGHT WORRIED!
Thu Sep 25, 2014 11:56 pm by pbrad009