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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: employment report

employment report stories: 6 news summaries

MARKETS

 Dow Climbs 64 as 
 Investors Await Jobs Report 

Fear of Sept. stock pullback drives gold to 6-month high

(Newser) - Stocks jumped today on the strength of blue-chip financials after mostly idling. Volume was low as investors waited for the government’s monthly employment report, due tomorrow, the Wall Street Journal reports. AIG and Citigroup rose, while safe-haven buying pushed gold to almost to $1,000 an ounce, a level... More »

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Citigroup Dow Jones Nasdaq AIG S&P 500 gold prices employment report

(Newser) - President Barack Obama asked Americans to put no stock in "outlandish rumors" that health care reform will "promote euthanasia, or cut Medicaid, or bring about a government takeover of health care," in his weekly radio and Internet address today. "That's simply not true." Politico noted... More »

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health care recession unemployment US economy health care reform employment report President Obama radio address

ANALYSIS

Bleak Jobs Report Raises Red Flags on Recovery

Weak labor market expected to cause longer recession

(Newser) - So much for those so-called green shoots of recovery. Yesterday's worse-than-expected unemployment report has far more red flags of warning on the jobs front, writes Moira Herbst in BusinessWeek. Among them: the average work week shrank to 33 hours, the lowest on record; hourly earnings remained flat; long-term unemployment rose... More »

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employment recession unemployment employment report job

MARKETS

 Stimulus Hope Lifts Dow 217 

Market shrugs off 7.6% unemployment

(Newser) - Stocks rallied today as investors anticipated quick action on a stimulus package, MarketWatch reports. Unemployment for January was 7.6%, but investors are betting the frightening figure will spur Congress to expedite the bill. The Dow rose 217.52  to close at 8,280.59. The Nasdaq gained 45.47... More »

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Bank of America Dow Jones Nasdaq S&P 500 employment report financial stocks financial crisis

MARKETS

 226-Point Sell-Off Erases Rally 

Nervousness builds ahead of January job report

(Newser) - Widespread layoffs and poor housing data spurred a sell-off in stocks that saw the Dow give back yesterday’s gains and more, MarketWatch reports. Weekly jobless claims rose 159,000 and new layoffs were announced at Allstate and Eastman Kodak, stoking fear ahead of next Friday’s January employment report.... More »

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Dow Jones Eastman Kodak Nasdaq new home sales S&P 500 employment report Allstate

MARKETS

Dow Falls 146, Sinks Below 12K

'A darned good imitation' of a recession

(Newser) - The markets seesawed and ultimately saw losses today as news of a bank boost by the Fed couldn't outweigh the Labor Department's grim February jobs report. The Dow lost 146.70, closing at 11,893.69, and the S&P 500 fell 10.97 to 1,293.37. The Nasdaq... More »

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Federal Reserve Dow Jones Nasdaq Department of Labor Thornburg Mortgage S&P 500 employment report

6 Stories