Jobless Californians Not to Get Unemployment Benefits : There was a hint of an economic turn around in California. In spite of that hint, more than around 2.3 million unemployed people in the city found the month of the march to be the toughest in this year. Within few weeks, the unemployment checks would be [...]
Apr
17
2010
17
2010
Mar
6
2010
6
2010
Unemployment rate remains unchanged in U.S
According to a government report, Job losses were mild in February despite extreme snowstorms in much of the country. The labor market remained weak.
The Labor Department said the economy lost 36,000 jobs in the month, fewer than the 68,000 jobs economists were expecting & the unemployment rate held steady at 9.7% according to a survey [...]
Mar
4
2010
4
2010
Economy shows signs of modest growth
The US economy grew modestly in recent weeks in nine of the central bank’s 12 districts, in a sure sign that the recession is behind us.
The latest Federal Reserve report on regional economic conditions, called the Beige Book, said the economic growth was somewhat hampered by snowstorms in several districts, notably Richmond.
Overall consumer spending looked [...]
Feb
17
2010
17
2010
Qwest net slips 39 per cent as customers switch to cell phone
Qwest Communications – the voice, data services, and digital television service provider said Tuesday that its earnings for September-December 2009 quarter fell 39 per cent as traditional fixed line services becomes relics of the bygone era and more and more people switch to new age cell phones. The Denver Colorado-based company reported a net income [...]
Feb
11
2010
11
2010
Fresh jobless number declines
In what could probably be seen as the latest indication of the country coming out of the recession, first-time applicants for state jobless benefits showed a sharp drop last week. This reverses a trend showing gains over the past few weeks.
Initial claims for jobless benefits fell 43,000 to a seasonally adjusted 440,000 in the [...]
Feb
7
2010
7
2010