June jobs report: Hiring weak, unemployment unchanged
July 6th, 2012
08:34 AM ET
2 years ago

June jobs report: Hiring weak, unemployment unchanged

New York (CNNMoney) - Hiring was lukewarm last month, with employers adding jobs but not enough to bring the unemployment rate down.

The economy added 80,000 jobs in June, the Labor Department reported Friday, barely an improvement from the 77,000 jobs added in May.

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Filed under: Jobs
New hope for jobs
July 6th, 2012
07:19 AM ET
2 years ago

New hope for jobs

New York (CNNMoney) - All eyes are on jobs this week, as economists brace for Friday's June jobs report from the government.

Economists surveyed by CNNMoney expect the monthly report to show the economy added 95,000 jobs in June.

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Filed under: Jobs
March jobs report: Hiring slows, unemployment falls
April 6th, 2012
08:46 AM ET
2 years ago

March jobs report: Hiring slows, unemployment falls

New York (CNNMoney) – Hiring slowed dramatically in March, clouding optimism about the strength of the recovery.

Employers added 120,000 jobs in the month, the Labor Department reported Friday, marking a significant slowdown in hiring from February, when the economy added 240,000 jobs.

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Filed under: CNNMoney.com • Jobs • unemployment
Professor Bernanke rails against gold standard
March 20th, 2012
03:57 PM ET
3 years ago

Professor Bernanke rails against gold standard

(CNN) – Federal Reserve Chairman Ben Bernanke headed back to the classroom Tuesday, and defended the Fed against its most outspoken critic, Ron Paul.

In a lecture otherwise about Fed history and the Great Depression, Bernanke devoted four slides to discussing "problems of the gold standard."

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Filed under: CNNMoney.com • Federal Reserve • Ron Paul
February jobs report: Unemployment holds amid solid hiring
March 9th, 2012
08:32 AM ET
3 years ago

February jobs report: Unemployment holds amid solid hiring

New York (CNNMoney) - Hiring remained strong in February, but the overall job market is not out of the woods yet.

Employers added 227,000 jobs in February, the Labor Department reported Friday, a pinch slower than in January, when the economy added 284,000 jobs.

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Filed under: Economy • Jobs
White House predicts 2 million more jobs in 2012
February 17th, 2012
04:13 PM ET
3 years ago

White House predicts 2 million more jobs in 2012

New York (CNNMoney) - The United States economy is on the road to recovery, the White House said Friday, with stronger job growth expected this year.

But income inequality, Europe's debt crisis, and continued weakness in the housing market could still pose challenges, according to a report released by President Obama's Council of Economic Advisers.

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Filed under: 2012 • President Obama • White House
January jobs report: Hiring ramps up, unemployment falls
February 3rd, 2012
08:39 AM ET
3 years ago

January jobs report: Hiring ramps up, unemployment falls

New York (CNNMoney) - American employers substantially stepped up their hiring in January, bringing the unemployment rate down for the fifth month in a row.

Employers added 243,000 jobs in January, the Labor Department reported Friday, marking a pick-up in hiring from December, when the economy added 203,000 jobs.

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Filed under: Economy
Fed to keep rates low until 2014
January 25th, 2012
12:49 PM ET
3 years ago

Fed to keep rates low until 2014

New York (CNNMoney) – The economy is improving, the Federal Reserve said Wednesday, but not enough to warrant higher interest rates for at least two-and-a-half more years. The central bank indicated that it expects to keep the federal funds rate near historic lows until late 2014 - an extension from the Fed's original pledge to keep rates low through mid 2013.

The "economy has been expanding moderately, notwithstanding some slowing in global growth," the Fed said in a statement Wednesday.

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Filed under: Federal Reserve
Bernanke to Congress: Don't sacrifice recovery
September 8th, 2011
03:23 PM ET
3 years ago

Bernanke to Congress: Don't sacrifice recovery

New York (CNNMoney) - Sounding a bit like a broken record, Ben Bernanke once again urged lawmakers to not put the recovery at risk as they focus on slashing government spending over the long haul.

While the Federal Reserve Chairman's comments were nothing new, they seemed perfectly timed to coincide with the first meeting of the 12-member bipartisan debt super committee Thursday.

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Filed under: Ben Bernanke • CNNMoney.com • Economy
BREAKING: U.S. economy added no jobs in August
September 2nd, 2011
08:39 AM ET
3 years ago

BREAKING: U.S. economy added no jobs in August

NEW YORK (CNNMoney) - Hiring slammed to a complete halt in August as several fresh challenges put the American economy in turmoil.

Employers added no jobs during the month and the unemployment rate remained at 9.1%, the Labor Department said Friday.

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Filed under: Economy • Jobs
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