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Tag Archives: Unemployment

Obama appoints Sperling as new White House economic adviser

WASHINGTON — President Barack Obama named veteran adviser Gene Sperling as director of the National Economic Council Friday, placing a Washington insider with a bipartisan nature in the White House as the administration contends with a divided Congress. Sperling’s appointment ...

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Fed boss Bernanke: It will take years for jobs to come back

WASHINGTON — Federal Reserve Chairman Ben Bernanke told Congress Friday that there is increasing evidence that a “self-sustaining” economic recovery is taking hold, but he said the Fed’s $600 billion Treasury bond-buying program is still needed because it will take ...

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103K new jobs in Dec. point to slow, steady growth

WASHINGTON — The U.S. economy added 103,000 jobs in December and the unemployment rate dropped to 9.4 percent last month, its lowest level in 19 months. But the job growth fell short of expectations based on a strengthening economy. And ...

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More people applied for unemployment aid last week

WASHINGTON — More Americans applied for unemployment benefits last week, but not enough to reverse a downward trend that suggests employers will accelerate hiring in the coming months. Applications remain slightly above the lowest level in two years and the ...

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Hiring freeze announced in Anne Arundel County

ANNAPOLIS  — Anne Arundel County Executive John Leopold on Thursday announced his fifth countywide hiring freeze in four years. Leopold said each hiring freeze saves between $2 million and $2.5 million, depending on the number of job vacancies and how ...

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The Daily Record’s top 20 stories of 2010

No. 1: The blizzards With bread, milk and toilet paper nearly cleared from local store shelves, flakes began to fall on the metro region the evening of Feb. 5. What followed was labeled historic and expensive with a Biblical twist ...

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