NEWSWORTHY
As midterm polls approach, Trump insists booming U.S. economy is not Obama's
In his fiery speeches and Twitter blitzes, President Donald Trump has forcefully claimed ownership of the American economy's vigorous health while denigrating the legacy of Barack Obama, the president in office during most of the last decade's expansion. Following Friday's blockbuster August jobs report, and ...
Japan's jobless rate falls to 24-year low of 2.4% in January
Japan's unemployment rate fell to 2.4 percent in January, the lowest in over 24 years, and job availability remained at a four-decade high, government data showed Friday. The figures suggest companies are facing intensifying competition to secure workers as the economy enjoys its second-longest postwar ...
Japan's job availability at best level in four decades amid labor shortage
Job availability has improved to its highest level in over four decades, the government said Tuesday, a fresh sign that companies are increasingly competing to hire workers amid the labor shortage. Despite the tight labor market, wages have been barely growing and private consumption, a ...
Japan's unemployment rate falls to 22-year low of 2.8% in February
Joblessness in Japan falls to 2.8 percent, the lowest in more than 22 years, as consumers remain reluctant to spend their hard-earned yen.
Japan's household spending remains weak in August despite low jobless rate
Household spending fell for the sixth straight month in August, reflecting weak consumer sentiment, though the unemployment rate remained low at 3.1 percent, up 0.1 percentage point from the previous month, government data showed Friday. Average household spending, a key indicator of private consumption, fell ...
Household spending rose in August for the first time in three months and job availability improved to the best in more than two decades, signs that could temper concerns the economy has fallen into yet another recession. The 2.9 percent year-on-year increase in household spending ...
U.S. wages lagging and no one knows why
The U.S. unemployment rate has dropped from a peak of 10 percent in October 2009 to 5.6 percent at the end of 2014. Yet, hourly wage gains haven't accelerated. Economists are baffled.
