Posts Tagged ‘ unemployment ’

Dollar Down after Bernake Projects No Change in Securities

Apr 28th, 2011 | By
Dollar Down after Bernake Projects No Change in Securities

The dollar fell to a 16-month low against the euro after Federal Reserve Chairman Ben S. Bernanke announced that the Fed’s Federal Open Market Committee (FOMC) will to continue expanding its holdings of securities in order to maintain price stability and promote employment. The Fed feels that although the economy is recovering in some sectors,
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Diappointing Unemployment Report

Jan 9th, 2011 | By
Diappointing Unemployment Report

California – Profile and Business Opportunties Although the unemployment rate dropped dramatically to 9.4% in December 2010, the government reported, employers added only 103,000 jobs, below many analysts’ expectations. The report on average weekly work hours was also disappointing. While the unemployment rate fell to 9.4%, the lowest in a year and a half. It’s
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