May 6, 2017

U.S. unemployment fell to 10-year low in April

Unemployment in the world’s largest economy fell to the lowest rate in 10 years due to a strong rebound in job creation in April, bringing relief to Donald Trump after disappointing economic data early in his presidency.After a slow March, when hiring likely was ...

Trump's 'massive recession' forecast stumps economists

/ Apr 4, 2016

Trump's 'massive recession' forecast stumps economists

Donald Trump’s prediction that the U.S. economy was on the verge of a “very massive recession” hit a wall of skepticism on Sunday from economists who questioned the Republican presidential front-runner’s calculations.In a wide-ranging interview with the Washington Post published on Saturday, the billionaire ...

/ Mar 15, 2016

30 U.S. states log January job growth while 20 see cuts

Employers stepped up hiring in 30 states in January, led by big gains in Florida, Texas and North Carolina, while 20 states shed jobs.The unemployment rate fell in 28 states, rose in eight and was unchanged in 14. The unemployment rate doesn’t always decline ...

/ Mar 1, 2016

Unemployment rate fell to 3.2% in January

Japan’s unemployment rate in January registered its lowest level in three months, falling to 3.2 percent from 3.3 percent the previous month and reflecting a continuation of the tight labor market, the government said Tuesday.Separate data showed the country’s job availability improved to 1.28 ...

Strains show in China's factory heartland

Feb 29, 2016

Strains show in China's factory heartland

Millions of migrant workers streaming back to China’s industrial heartland after the long lunar New Year break face an uncertain future as smaller factories in particular struggle to cope with anaemic orders and rising inventories.In the Pearl River Delta, the “world’s workshop” in southern ...

Yellen signals Fed rate hike this year but mum on timing

/ Jun 18, 2015

Yellen signals Fed rate hike this year but mum on timing

The U.S. central bank indicated Wednesday it is likely to raise the ultralow interest rates later this year although its policy-setting panel gave no new words regarding exactly when it could take place.“Clearly most participants are anticipating that a rate increase this year will ...