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US unemployment hits 4-year low

US unemployment rate in November was down to a four-year low of 7.7%, after the US added 146,000 jobs. The figure was well above most analysts’ expectations. “Our analysis leads us to conclude that Hurricane Sandy did not substantively impact

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US consumer confidence at its highest in 5 years

The latest improvement in the US job market has resulted in a jump in the US consumer confidence, rising to 72.2. The US consumer confidence is an important economic indicator, as consumer spending forms about 70% of the overall economic

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US unemployment at its lowest since 2009

The US unemployment rate last month fell at 7.8%, down from 8.1% in August. The US economy added a further 114,000 jobs in September, beating expectations. The figure is certainly good news for Barack Obama whose performance was widely criticized

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US unemployment rate remains at 8.2% in June

US employment rose by 80,000 in June, official figures have shown, leaving the unemployment rate unchanged at 8.2%. Hopes for a high number had risen after Thursday’s private sector jobs report came in better than expected. May’s figure of 69,000

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Weak US job figures for May hit markets

Stock markets have fallen following worse-than-expected US job figures. The Dow Jones closed down 275 points, or 2.2%, while in Frankfurt the Dax was down 3.4%, in Paris the Cac 40 fell 2.2% and London’s FTSE 100 lost 1.1%. The

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U.S. small business hiring takes step back in April

U.S. small business hiring slowed considerably in the April and employees saw a reduction in their hours, an independent survey showed on Monday, adding to signs of weakening in labor market conditions. Businesses added 40,000 new jobs, a step back from the

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US economy Added Jobs Fewer than Expected in March

The US economy added 120,000 jobs during March, lower than estimates suggested, while the unemployment rate fell slightly to 8.2%. Analysts had predicted a fourth straight month with job growth of more than 200,000. President Barack Obama’s electoral prospects are

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