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Tag Archives: job growth

Economists cut growth forecasts for 2011 and 2012

WASHINGTON — Confronted with an economy that has decidedly underperformed this year, economists are scaling back their growth forecasts for 2011 and next year. In their latest forecast, top economists with the National Association for Business Economics predict that the ...

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Unemployment aid applications at 395K, 4-month low

WASHINGTON — The number of people seeking unemployment benefits fell last week below 400,000 for the first time in four months, a sign that the job market may be improving slowly after a recent slump. Applications for unemployment aid dropped by ...

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Unemployment aid applications stuck at high level

WASHINGTON — The number of Americans seeking unemployment benefits hardly changed for a second straight week, stuck at a high level that points to a slowing job market. Weekly unemployment benefit applications ticked up 1,000 to a seasonally adjusted 427,000 ...

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Companies pulled back on job postings in April

WASHINGTON — U.S. businesses advertised fewer jobs in April than the previous month, a sign that hiring could remain weak in the coming months. Employers posted 3 million job openings, down from 3.1 million from March, the Labor Department said ...

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Economic concerns sink stocks for 4th straight day

NEW YORK — Lingering concerns about the U.S. economy pushed the stock market lower for a fourth straight day. With little new economic data, investors remained focused on Friday’s grim unemployment report. “Wall Street came back, quickly and very strongly, ...

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Fewer people applied for unemployment benefits

WASHINGTON — Fewer Americans applied for unemployment benefits last week, but applications remain stuck at a level that signals weak job growth. The number of applications for unemployment benefits dropped by 6,000 to a seasonally adjusted 422,000, the Labor Department ...

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Week in Review – 5/27/2011

Inner Harbor makeover Sweeping redevelopment plans for the Inner Harbor — including a $900 million multiplex for a new arena, hotel and expanded convention center, waterfront attractions and a new look for Rash Field — were unveiled Wednesday by the Greater ...

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More people applied for unemployment benefits

WASHINGTON — More people applied for unemployment benefits last week, the first increase in three weeks and evidence that the job market is still sluggish. The number of people seeking benefits rose by 10,000 to a seasonally adjusted 424,000, the ...

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Fewer people applied for unemployment benefits

WASHINGTON — The number of people applying for unemployment benefits fell sharply for the second straight week, suggesting the job market is slowly recovering. The Labor Department says applications for benefits dropped 29,000 last week to a seasonally adjusted 409,000. ...

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