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Tag Archives: Unemployment

The 10 college majors with the lowest unemployment rates

College students, take note: There are at least six fields of study whose graduates are virtually 100 percent employed right now. That’s right–certain majors, such as pharmacology, produce graduates who face a zero percent unemployment rate. That’s not bad considering last month’s joblessness rate for people with a college degree or higher was 4.4 percent. The Wall Street Journal created ... Read More »

US Growth Estimate Lowered

In a surprise and unexpected move the US Department of Commerce has cut its expected 4th-quarter growth from 3.2% to 2.8%. While the government is expecting a lower growth, analysts were having a different opinion. They estimated the growth to be 3.3%. Economic growth for the whole of 2010 was also revised down slightly, from 2.9% to 2.8%. As well ... Read More »

Bank of America reports $1.2bn loss

Bank of America has reported a second straight quarterly loss, driven by a $2bn (£1.25bn) writedown of its mortgage business. The bank announced a net loss of $1.2bn in the last three months of 2010, compared with a $5.2bn loss a year ago. However, last year’s results included a $4bn charge related to the government’s Troubled Asset Relief Program (Tarp). ... Read More »