Archive for the ‘US Economy’ Category

Effect of debt default on the US job market

The businesses are still suffering from the aftermath of the recent economic depression and the US debt default has worsened the situation. The job market is in an alarming state as economic conditions have not revived post recession. The investors are struggling in this economy because of the financial depression as the US government has [...]

US Unemplyement Rate Highest in 7 Months

OMC US Unemployement

The US unemployment rate rose to 9.8% in November, the highest rate since April, the US Labor Department has said, raising fears about the strength of the country’s economic recovery. Just 39,000 jobs were created last month, below analysts’ expectations. In October, 172,000 jobs were created. Stocks markets fell sharply after the figures were published. [...]

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