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Paul J

US Q4 economic growth figures revised upwards - 0 views

www.rte.ie/...growth-figures-revised-upwards

Economic Growth GDP Joblessness Unemployment

shared by Paul J on 30 Mar 13 - No Cached
  • Paul J on 30 Mar 13
     
    This article ties in very well with the theme of economic growth because it discusses a variety of the components that determine economic growth, for example job numbers and GDP. It is also worth noting how economists arrive at their ultimate assessment of the nation's economic health, because it truly is quite complex. Also, the stocks and shares portion of the article on the right hand side are also quite telling.
Xinmian H

Hiring slows severely in March, but don't panic yet - Apr. 5, 2013 - 1 views

money.cnn.com/...index.html

unemployment

shared by Xinmian H on 17 Apr 13 - No Cached
  • Hiring slowed sharply in March
  • 88,000 jobs,
  • The unemployment rate slipped to 7.6%,
  • ...3 more annotations...
  • Economists surveyed by CNNMoney were expecting an increase of 190,000 jobs.
  • Experts had expected the jobless rate to remain at 7.7%. But the decline is not good news:
  • It's because nearly 500,000 people dropped out of the labor market.
  • Xinmian H on 17 Apr 13
     
    In March US only created 88,000 jobs, the lowest monthly gain since June. Economists were expecting an increase of 190,000 jobs. However, the unemployment slipped to 7.6%, which is below the expected 7.7%. That decline was not a good news because 7.6% is the result of 500l000 people dropped out of the labor. They still don't have jobs, but they are not considered as unemployed.
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