Wednesday, April 7, 2010 as of 11:14 AM ET
Unemployment (or ), as defined by the International Labour Organization, occurs when people are without jobs and they have actively sought work within the past four weeks.
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Despite a shortened week due to the Memorial Day holiday investors will have plenty of economic data to mull, not least the May jobs report out Friday.
Key housing and consumer data is also on tap.But everything else is just leading up to the jobs numbers. The last two reports have been disappointing, effectively taking the steam out of any broader economic recovery hoped for in 2012.For three straight months – December, January and February – the U.S. added over 200,000 jobs, leading to optimism that the long-dormant economy was turning around. But the March and April reports fell off sharply and economists don't believe the situation changed much in May. Forecasts are calling for an increase of about 150,000 jobs, which would leave the unemployment rate unchanged at 8.1%.A key underlying measure investors will be looking at is how many people left the workforce in May. That number has been surging as thousands of Americans have given up hope looking for work.Payroll firm ADP will rel...Federal Reserve officials noted "further improvement in economic activity" and expected growth would continue at a "moderate pace," but expressed concern over global...
The U.S. housing market showed additional signs of strengthening in April as sales of previously owned homes rebounded and median prices increased.Existing-home sale...
A Federal Reserve policy maker on Tuesday refused to rule out further quantitative easing by the U.S. central bank, citing a sharp rise in jobless or a big shock in ...
======================================================= Existing Home Sales Apr Mar ! Consensus: ! Total Sales: 4.62M 4.47Mr ! 4.60M ! % Change: +3.4% -2.8%r ! Actua...
The United States and Japan are leading a fragile economic recovery among developed countries that could yet be blown off course if the euro zone fails to contain th...
FBN’s Diane Macedo breaks down the stories moving the markets around the world.
Former Gov. Mike Huckabee, (R-Ark.), on the impact of government spending on the economy.
Jean Coyle, 67, has a new kind of ministry.The former professor had just begun a career as a Presbyterian minister in Virginia when the economic downturn forced her ...
New claims for unemployment benefits were unchanged last week, according to government data on Thursday that will do little to ease concerns about a recent slowdown ...
Credit card payment protection plans are under fire, but they can occasionally be worthwhile. To see whether they're right for you, or if there's a better alternativ...
FBN’s Lou Dobbs on California’s mounting budget crisis.
Heritage Capital President Paul Schatz on why J.P. Morgan’s losses will not be the catalyst for another financial crisis.
Collin Hitt of the Illinois Policy Institute argues raising taxes on cigarettes will not help pay down debt.
Polish retail sales rose a slower-than-expected 5.5% on the year in April, following March's robust 10.7% annual rise, as clothing and food sales growth was tepid, t...
Edward Jones CEO Jim Weddle on the company’s hiring and training veterans.
Michelle Fields of the Daily Caller on the administration’s efforts to push the president’s health-care law and win over young voters.
New U.S. claims for unemployment benefits fell slightly last week, government data on Thursday showed, suggesting the labor market continues to expand at a moderate ...
South Carolina AFL-CIO Officer Brett Bursey on criticisms of a S.C. union leader hitting a piñata of the state’s Governor.
FNC political analyst Juan Williams on the growing criticism of Obama’s attacks against Romney and his work at Bain Capital and the New Black Panthers’ disappointment with Obama.
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