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Unemployment

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  • Jobs Numbers:  Breakdown by Sector Friday, 4 Sep 2009 | 8:42 AM ET

    The latest overall job loss numbers showed a loss of 216,000 jobs in August and the unemployment rate rose to 9.7%, the fewest losses since August last year  but highest unemployment rate since mid-1983.  The June and July numbers were revised upward as well.  Here is a breakdown of where the job losses were as well as which sectors were adding jobs.

  • Gartman: I Don't Like the Gold, Bond Rush Friday, 4 Sep 2009 | 8:06 AM ET

    The rush to buy gold and the rise in the bond market witnessed this week are not reassuring for investors, as they indicate fears of future troubles in the economy, Dennis Gartman, author of The Gartman Letter, told CNBC Friday.

  • Payrolls: Pleasant Surprise or Disappointment? Friday, 4 Sep 2009 | 4:05 AM ET
    Unemployment

    The US nonfarm payrolls number later on Friday will likely make or break the stock market's timid attempts at a rebound after declines in the first days of this month, but predictions for the volatile figure are as far apart as ever.

  • Next Hit for Jobless: Losing Unemployment Benefits Thursday, 3 Sep 2009 | 6:54 PM ET
    Unemployment

    More than 1.3 million Americans' unemployment insurance benefits will run out by the end of the year, placing extra strain on an economy that is just starting to recover from the worst downturn in a generation.

  • Vice President Joseph Biden

    Defending a costly plan to revitalize the economy, Vice President Joe Biden on Thursday said the government's sweeping stimulus effort "is in fact working" despite steady Republican criticism and public skepticism.

  • Unemployment May Hit 16%: Portfolio Manager Wednesday, 2 Sep 2009 | 11:37 AM ET

    Stocks have been on a decline in the last few trading sessions, making investors nervous about where to put their money. Dan Veru, executive vice president and co-CIO of Palisade Capital Management and John Lekas, CEO and portfolio manager at Leader Capital shared their market insights.

  • Wed. Look Ahead: Can Jobs Shake Correction Conviction? Wednesday, 2 Sep 2009 | 1:15 AM ET

    On Wednesday, investors are watching the ADP private employment survey, a kind of preview to the government's monthly jobs report Friday. There is also productivity and costs at 8:30 am New York time and factory orders at 10 am. The minutes of the Fed's last minute are released at 2 pm.

  • The 1 Indicator Richard Bernstein Says You Should Watch Wednesday, 2 Sep 2009 | 12:23 AM ET

    The start of the month is always filled by monthly employment report hype. But it’s not the payrolls numbers investors should focus on, but the weekly employment claims numbers, Richard Bernstein, CEO of Richard Bernstein Capital Markets told CNBC.com

  • Tuesday Look Ahead: Why to Eye the ISM Monday, 31 Aug 2009 | 10:29 PM ET

    Dell's forecast that second half revenue should come in stronger than the first half are encouraging words for a stock market that has been doing little more than treading water this week.

  • Week Ahead: Is the Sun Setting on the Market Rally? Friday, 28 Aug 2009 | 8:49 PM ET
    A New York Stock Exchange trader.

    Ask any trader, and the conventional wisdom you hear will be to expect a quiet week coming up, but watch out after Labor Day when Wall Street gets back to work. Still, there's a heavy calendar of important economic data on deck.

  • Friday Look Ahead: Surfing the Dell Wave Thursday, 27 Aug 2009 | 9:54 PM ET

    Dell's forecast that second half revenue should come in stronger than the first half are encouraging words for a stock market that has been doing little more than treading water this week.

  • The recent rally in the stock market is a "real rally," as investors' confidence was battered by fears of a depression earlier this year and now it is coming back, James Paulsen, chief investment strategist at Wells Capital Management, told CNBC Thursday.

  • Thursday Look Ahead: The Calm Before the Storm? Wednesday, 26 Aug 2009 | 6:14 PM ET

    Small swings, low volume and a lack of news are making for some of the most sluggish trading days of the year.

  • US Housing Market Could Be Facing Another Bubble: Shiller Wednesday, 19 Aug 2009 | 10:36 AM ET

    The housing market, which already has been battered by the worst collapse since the Great Depression, could be setting itself for another bubble, well-known economist Robert Shiller told CNBC.

  • An Economic Recovery That Whimpers Monday, 17 Aug 2009 | 12:06 PM ET

    Consumer spending, which roughly accounts for 70 percent of economic activity, and housing, about 20 percent of GDP, have been hit with the equivalent of 100-year storms.

  • White House Still Warns of 10 Percent Jobless Rate Friday, 7 Aug 2009 | 11:15 AM ET

    The White House on Friday welcomed a dip in the nation's unemployment rate but said President Barack Obama still expects it to hit 10 percent this year.

  • Unemployment

    If domestic spending has been the engine of economic growth in the past few decades, then the coming recovery — and the job creation that comes with it — won't be a smooth ride.

  • Jobs Numbers:  Breakdown by Sector Friday, 7 Aug 2009 | 8:42 AM ET

    The latest overall job loss numbers showed a loss of 247,000 jobs in July and the unemployment rate fell to 9.4%, the fewest losses since August last year.  The June and May  numbers were revised downward as well.  Here is a breakdown of where the job losses were as well as which sectors were adding jobs.

  • Friday Look Ahead: July Job Losses Seen Slowing Thursday, 6 Aug 2009 | 6:51 PM ET

    July's employment report could show job losses abating more than expected, even as the unemployment rate creeps closer to 10 percent.

  • Why the Economic Recovery May Be Different This Time Thursday, 6 Aug 2009 | 3:28 PM ET
    Unemployment

    Consumer spending has been so shaken that it will take years to recover. And even then, the growth will be slow and painful and with subpar job creation.