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Tag Archives: Economic Recovery

US unemployment touches new low

US unemployment rate has been continuously falling down as per authorities. From 8.9% this feb, it has gone down to 8.8% last month that is March 2011. However, it is unfortunate to report that most job seekers have been pushed to elect the low paying jobs for their livelihood. According to the US Department of Labor, Employers created 216,000 jobs ... Read More »

US Economy grew Faster than thought

The US economy grew at a faster pace than initially thought, figures show. The economy grew at an annualised rate of 2.5% in the July-to-September period, up from an earlier estimate of 2%, the Commerce Department said. Earlier this month, the US Federal Reserve said it would pump $600bn (£373bn) into the economy to try to boost the economic recovery. ... Read More »