unemployment

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Jobless Rate Rises While GDP Rebounds

Economic growth balances looming threat of inflation

(Newser) - The unemployment rate increased slightly in the second quarter, but the GDP recovered after a lackluster first quarter, providing Wall Street with a mixed report card of the nation’s economy as the Fed meets to determine interest rates. Unemployment ticked up 0.1% to 4.6%, hastened by losses...

Consumer Confidence Rises
Consumer Confidence Rises

Consumer Confidence Rises

Shoppers buying again after June slump

(Newser) - Consumer spending rose more than expected this month, to its highest level in 6 years, after shoppers tightened their belts in June, Bloomberg reports. Consumer confidence jumped 7.3 points according to a Conference Board index, suggesting the slump was temporary. Economists chalk up the spending jump to low unemployment...

East German Women Are Heading West
East German Women Are Heading West

East German Women Are Heading West

And Neo-Nazi parties are courting the men left behind

(Newser) - Young, educated women are fleeing eastern Germany—and Neo-Nazi parties are flourishing in the vacuum  they leave behind. One-and-a-half million people, two-thirds of them women, have left left the economically stagnant east since the mid-1990s, a new study shows.

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