InfoAnda - Steady Unemployment Figures Prompt Split Interpretations On Economic Recovery

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Thousands protest French clampdown against Roma | | 5 September 2010
Russian FM sees roadblocks to future cooperation with NATO | 13 December 2008
AT&T to sell three Motorola smartphones | 6 October 2010

Sarah Michelle Gellar, husband welcome baby girl | 23 September 2009

Home U.S. World Entertainment Sports Business Health Science Technology Politics Offbeat Environment Travel News Articles Steady Unemployment Figures Prompt Split Interpretations On Economic Recovery Email Facebook Digg Twitter Buzz Up! ShareThis March 5, 2010 6:27 p.m. EST Topics: government, politics, job layoffs, labor, economic policy, economy, business and finance, economy, employment, public officials, United States Tom Ramstack - AHN Correspondent Washington, DC, United States (AHN) - Unemployment held steady in February at 9.7 percent, which prompted widely varying interpretations among Washington's Republicans and Democrats. While Democrats said the Department of Labor unemployment figures announced Friday show the recession is ending, Republicans said they show economic recovery might not be happening. The unemployment rate "shows that the measures that we're taking to turn our economy around are having some impact," President Barack Obama said. Republicans used the figures to pounce on Obama's health care reform proposals. "Today's jobs report is the latest warning that the threat of oppressive regulations and health care mandates from Washington, as well as skyrocketing deficits and tax increases, are actively preventing job creation," House Minority Whip Eric Cantor (R-VA) said in a statement. "Instead of trying to ram through a health care overhaul that we can't afford and that a majority of Americans don't support, the President and Speaker [Nancy] Pelosi should focus on getting our fiscal house in order and getting Americans back to work." The U.S. economy lost 36,000 nonfarm jobs last month, not enough to show a significant change in the unemployment rate from one month earlier. The Labor Department report came out a day after the House of Representatives approved a $17.8 billion jobs bill. The bill would give tax breaks to employers who hire unemployed workers. A vote on the Senate version of the bill is expected next week. The Labor Department said severe winter weather in February, which left snow covering two-thirds of the United States, is likely to have dampened economic growth. Congressional Republicans said economic policy rather than snowfall explained the stagnant job growth. "Mother Nature is a force to be reckoned with, but it's the blizzard of higher taxes, wasteful spending, and reckless borrowing coming out of Washington that's destroying jobs in this country," House Minority Leader John Boehner (R-OH) said in a statement. Criticism from Republican leaders coincides with a Congressional Budget Office report saying the long-term U.S. deficit is likely to be bigger than anticipated by Obama. The nonpartisan CBO said Obama's economic policies would generate a national deficit of $9.8 trillion over the next decade, or $1.2 trillion more than Obama predicted. For the current fiscal year, the CBO predicts a record $1.5 trillion deficit. The agency's predictions are based on tax revenues, which are derived largely from jobs. Congressional Democratic leaders said the fact unemployment remained unchanged in February shows the backslide in the economy has stopped. "A year ago, America shed more than 700,000 jobs in February," House Majority Leader Steny Hoyer (D-MD) said. "This February, we lost 36,000. It's widely acknowledged that this number would have been better except for the snowstorms that hit the Northeast last month." House Speaker Nancy Pelosi (D-CA) said the latest unemployment report was "cautious evidence" of economic recovery. "The report is that America's businesses are gaining confidence and that the Recovery Act continues to restore strength in key sectors of our economy," Pelosi said. Other economic reports support the idea of an economic turnaround. The Federal Reserve Board reported Friday that U.S. consumers increased their debt in January for the first time in a year. An increase in consumer debt normally means consumers are optimistic enough about their personal finances that they are willing to spend more money. Consumer credit rose 2.4 percent in January to $2.46 trillion. Meanwhile, retail stores reported a 3.7 percent increase in sales in February. Copyright © 2003 - 2010 AHN - All rights reserved.Redistribution, republication. syndication, rewriting or broadcast is prohibited without the prior written consent of AHN.License AHN news for your website, business, digital signage network or publication. Most Popular Stories Keyshia Cole, Daniel Gibson Welcome Baby Boy GLAAD Calls Out Life & Style For Focusing On Shiloh Jolie-Pitt's Hairstyle Rebuilding Redskins Release 10 Players Just Prior To Free-Agency Arizona Bus Crash Kills 6 Quarterback Favre Tells Leno Announcement On Possible Return Won't Be Soon Jets Acquire Cromartie, Panthers Cut Delhomme As NFL Free Agency Begins Baylor Women's Hoops Player Griner Suspended Two Games For Punch The CW Renews "Smallville" For Season 10 Justin Bieber To Launch New Album On QVC Israeli Fans Call For Metallica Concert Boycott Recent Posts Most Popular Comments Recent Comments Popular Threads Home | U.S. | World | Entertainment | Sports | Business | Health | Sci / Tech | Politics | Weird / Offbeat Follow AHN on Twitter AHN Social News connects you with friends and the news Client Login | Submit News | Privacy Policy | Terms of Use | Contact | Content Services © 2010 AHN All Rights Reserved

Other News on Saturday, 6 March 2010
Israeli police battle protesters at Al-Aqsa mosque
Danger lurks as ships freed from Baltic ice
US-TECH Summary
US unemployment rate holds at 9.7 percent despite storms
Web monitoring not possible with system sold to Iran: NSN
Ukraine and Russia vow 'new page' in ties
Violence in Greece as parliament approves tough cuts
U.S. Unemployment Rate Holds Steady In February
To save paper, Chinese delegates get free laptop
Treasury Department To Unveil New C-Note In April
Pakistan steps up bid to recover British boy
British PM Brown tells inquiry Iraq war was right |
Apple to launch iPad April 3
Arizona Bus Crash Kills 6
Greek parliament approves austerity bill
EU urged to level playing field for Web browsers
Paterson Suffers Setback As Another Official Resigns
Iceland PM appeals for voters to shun referendum
The CW Renews "Smallville" For Season 10
Pirates hijack tanker, head to Somalia, owner says |
Feral Hogs No Longer Living High On The Hog In South Florida
New Ukraine leader soothes Russia, no gas deals |
Abuse at pope's brother's choir, more German schools |
Dozens hurt in clashes at revered Jerusalem mosque |
Martha Stewart And Mark Burnett Team Up For Reality Show
Former concentration camp vandalized in Austria |
Web monitoring not possible with system sold to Iran: NSN
To save paper, Chinese delegates get free laptop
IPad to hit stores April 3 |
US gunman at Pentagon acted alone: police
Magnitude 6.5 earthquake shakes Indonesian Sumatra
Quake shakes Indonesia's Sumatra
U.S. nearing recommendation for September 11 trials
Strong quake strikes off Indonesia: seismologists
Turkey urges US to block 'genocide' bill or risk ties
2010 chip revenues to top pre-recession levels: iSuppli |
Philippines warns terror threat remains despite arrests
China hopes N. Korea talks can resume by mid-year
Australia launches major probe into Indian toddler's death
Microsoft to sell phones on Verizon by summer: source |
EU urged to level playing field for Web browsers |
Relatives of Indian stampede victims mourn
Arrests in Indonesia not tied to Malacca threat
Police say 12 killed in NW Pakistan suicide attack
'Wild' boys keep Japanese princess out of school
Wall Street, BOJ report push Asian shares higher
Indonesian students protest Barack Obama's visit
'No evidence of failure' after US recall fixes: Toyota
Wolfgang Puck makes everyone a winner at Oscar bash |
Dutch Hermitage museum hosts 'pioneers of Modernism'
Bullfighting debate in Spain takes political turn
Escape to the movies? 1 in 4 people do: poll |
Chile sniffer dog is Haiti quake veteran
Cambodia makes Khmer Rouge bastion tourist site: cabinet
Swiss to vote on lawyers for abused animals
2010 chip revenues to top pre-recession levels: iSuppli
British PM under fire for Iraq war defence
Brazil sentences Italian extremist in extradition row
Chile quake-area still shaking, death toll unclear |
Apple co-founder Wozniak shirks off Prius glitch
Australia police search anti-whaler ship at Japan request
Six Palestinian family members killed West Bank crash
Ashton at centre of EU turf war over new diplomatic service
Car bomb kills 4 Iranian pilgrims before Iraq poll |
Bing blocks online sex searches in Middle East: study
New food 'surge' for Haiti: WFP
Western sanctions draft targets Iran's banks abroad |
Romney Blasts Obama Policies, Wants Tea Party Within Republicans
U.S. deplores death sentence for Iranian protester
Gorbachev lashes Kremlin for failure on democratic reform
Iraqi leaders wind up election campaign
Google takes aim at Microsoft with acquisition
Homeland Security Announces 11 Airports To Get Full-Body Scanners
Google buys start-up adept at Microsoft Office files
Palestinians, Israelis clash ahead of talks |
Steady Unemployment Figures Prompt Split Interpretations On Economic Recovery
Apple iPad launch slightly delayed, on US sale on April 3
Chavez mocks Clinton as blond Condoleezza |
Al-Qaeda declares Iraq 'curfew' to thwart polls: SITE
U.S. Consumer Credit Snaps Decline, Expands In January
Iraq's religious leaders urge strong voter turnout
Xbox Live lifts taboos on race-sexual preference
U.S. Markets Jump On Better Than Expected Jobs Data
Rights experts to advise U.N.'s Ban on Sri Lanka |
Greeks divided over latest austerity measures |
New Jersey Transit Targets 25 Percent Fare Hike To Battle Deficit
Egypt president to undergo gallbladder surgery |
FBI, Police Looking At Motive Of Dead Pentagon Shooter
U.N. to start troop withdrawals from Congo in 2010 |
Italy's cabinet passes decree over election chaos |
Criticisms, Praise Welcome Shortlist For $4 Billion "Race To The Top" Program
Xbox Live lifts taboos on race-sexual preference
Prosecutor: Greed prompted Ill. fire that killed 7
US envoy urges Japan to stick to deadline for base row
6 people killed in bus crash south of Phoenix
IPad to hit stores April 3 |
September 11 suspects may face U.S. military trial
Malaysia Muslim mag sorry for offending Christians
Australia clinch Davis Cup tie with doubles win
NKorea defector tells of business deals in West
Ex-Alabama mayor sentenced in sewer debt case
Report: Tiger bites keeper to death in Chinese zoo
NATO details its Afghan night raids policy
Minimum and maximum global temperatures
Weather forecast for the Asia-Pacific region
Stars protest at closure of BBC Asian Network
Arsenal manager impressed by Korean stars
China says it will move cautiously on currency
Pakistani c.bank buys 51.8 bln rupees of govt paper
Scandal-tainted 'Hurt Locker' favorite for Oscars
US deficit, debt to exceed Obama forecasts: CBO
Toyota fiasco a wake-up call for Japan's companies
US-ENTERTAINMENT Summary
Producer Lillywhite seeking Cowell's "Idol" seat
Cult fave "T.A.M.I. Show" comes to DVD
Precious sweeps indie film awards |
"Precious" sweeps indie film awards
Producer Lillywhite seeking Cowell's Idol seat |
Dramatics founder Ron Banks, 58, dies
Slash recruits vocalist A-team for solo project |
Elton John recording album with Leon Russell
L.A. Times sells Disney front page for movie ad
Oscar producers promise fast and fierce Oscars |
Cult fave T.A.M.I. Show comes to DVD |
Oscar producers promise fast and fierce Oscars
L.A. Times sells Disney front page for movie ad |
Oscar suites break out the gifts, Twittens anyone?
Dramatics founder Ron Banks, 58, dies |
Britain's Cambridge University becomes 'hotel'
Elton John recording album with Leon Russell |
Oscar suites break out the gifts, Twittens anyone? |
Egypt president's gallbladder surgery successful
Bomb kills 4 near Shi'ite shrine before Iraq poll |
Red Cross condemns Taliban use of booby trap bombs
Gay Protections Said Invalid In Virginia Universities
On The Anniversary Of NPT, US, Russia, UN Hail New Peaceful Era
Car bomb kills 4 Iranian pilgrims before Iraq poll
Turkish PM says U.S. vote to greatly harm ties |
Egyptian PM takes over as Mubarak undergoes operation
Top Pakistani Taliban leader may be dead: minister |
Bomb in Iraq shrine city kills 3 injures 54: police
NATO backs Afghan official despite jail accusation |
Separatists clash with troops in southern Yemen |
Iran's Ahmadinejad calls Sept 11 big fabrication |
Pentagon shooter little known by neighbors
US concerned over Blackwater's work in Afghanistan
Chinese boat sinks off SKorean island; 6 missing
US military may back Somali govt offensive: report
British PM visits troops in southern Afghanistan
'Al-Qaida in Aceh' says survived Indonesia arrests
Three police, one militant killed in Aceh: police
Communist ambush kills 11 Philippine soldiers: military
Hailstorm delays sports, trains in Australia
Chinese boat sinks off SKorean island; 9 missing
Communist rebels kill 11 Philippine soldiers
Afghan lawmaker survives attack on her convoy
8 Myanmar police killed on drug patrol
Macau casino mogul Ho released from hospital
China opposes political interference in yuan policy
'Precious' sweeps Spirit awards
Slash recruits vocalist A-team for solo project
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01