Tag: job creation

US unemployment rate edges up to 9.2%

US unemployment rate edges up to 9.2%

The Bureau of Labor Statistics has today revealed the unemployment rate in the US rose in June to 9.2% from 9.1% in May. According to the Bureau, the number of new jobs created in the world’s largest economy last month represented the lowest in 9 months. The economy created just 18,000 jobs in June – [...]

July 8, 2011 | 0 Comments More
Weak US data sends Asian shares falling

Weak US data sends Asian shares falling

Asian shares fell today after the world’s largest economy raised fears of a slowdown. Figures issued in the US yesterday revealed manufacturing activity slowed to its lowest level since September 2009 and was weaker than economists had expected. Furthermore, payroll processing firm ADP said private employers created a less than expected 38,000 jobs last month [...]

June 2, 2011 | 0 Comments More
CBI calls for economic growth focus

CBI calls for economic growth focus

The Confederation of British Industry (CBI) is urging Chancellor George Osborne to provide a “relentless focus” on economic growth and job creation when he presents his annual budget later this month. In a letter to the Chancellor, the business lobby group said action must be taken in order to boost the economic recovery. Over recent [...]

March 7, 2011 | 0 Comments More