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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: payrolls

payrolls stories: 25 news summaries

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 Most Economists Say
 Recession Is Here 

WSJ poll sees big shift toward the negative from survey five weeks ago

Mar 13, 08 5:00 PM CDT
(Newser) - A cascade of bleak financial news has convinced most economists in a Wall Street Journal poll that the US is already in a recession. The results are markedly more negative than a similar survey only five weeks ago, and much of the foul mood can be traced to last week’... More »

MORE ABOUT:
Wall Street • recession • unemployment • retail sales • payrolls • interest rate cut • economy • downturn

Recession Fears Mount as Jobs Drop Unexpectedly

January payroll contraction another red flag

Feb 1, 08 9:27 AM CST
(Newser) - Nonfarm payrolls declined 17,000 in January, the first monthly loss of US jobs since August 2003. The surprising loss—in manufacturing, construction, financials, and government—seems to vindicate aggressive action by the Fed, the Wall Street Journal reports. The number, which had been expected to climb by 75,000... More »

MORE ABOUT:
Federal Reserve • construction • unemployment • manufacturing • payrolls

Jobs Get Surprise October Bump

Good news is new reason for Fed to
hold interest rates

Nov 2, 07 10:25 AM CDT
(Newser) - Job growth in October was unexpectedly robust, with the addition of 166,000 jobs doubling projections and easing recession fears. Analysts had predicted an increase of only 85,000 jobs; one economist said the surprise figure “will increase the Fed's conviction that it should keep rates unchanged” for months... More »

MORE ABOUT:
Chrysler • housing market • wages • unemployment • payrolls

August Retail Sales Fail to Meet Forecasts

Gain of .3% drops to
.4% loss if auto sales
are excluded

Sep 14, 07 10:47 AM CDT
(Newser) - Retail sales were up last month, but the .3% rise failed to meet expectations, and if automobile sales are excluded, sales actually fell by .4%—the steepest drop in a year. The August sales figures provide more fodder for an interest-rate cut when the Fed meets next week. “The... More »

MORE ABOUT:
housing market • Federal Reserve • wages • retail sales • payrolls • auto sales

US Lost Jobs
for First Time
in 4 Years

August payroll drop shows subprime crisis affecting economy

Sep 7, 07 8:45 AM CDT
(Newser) - In the first drop since 2003, the US lost 4,000 jobs in August, surprising experts and putting more pressure on the Fed to reduce rates at its upcoming meeting. Economists had predicted an increase of 100,000 or more jobs. The decline in employment is the clearest signal to... More »

MORE ABOUT:
Federal Reserve • United States • employment • recession • unemployment • manufacturing • credit market • payrolls • interest rate cut • job

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