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| Time running out for Obama to turn around the economy Fox News That reality was underscored Friday by Labor Department reports that showed the jobless rate ticked upward in May to 8.2 percent, from 8.1 percent, and that virtually stagnant economic growth created only 69000 new jobs -- the fewest in a year. See all stories on this topic » | ||
| US economy added 69K jobs in May, fewest in a year BusinessWeek The dismal jobs data will fan fears that the economy is sputtering. It could also damage President Barack Obama's re-election prospects. And it could lead the Federal Reserve to take further steps to help the economy. The Labor Department also said ... See all stories on this topic » | ||
| US economy souring, so what's a Democrat to do? BusinessWeek By DAVID ESPO Five months before the elections, the uneven economic recovery is sputtering and job growth is anemic. Stock prices are down to 2011 levels and news on the European debt front is menacing. Ride it out, as President Barack Obama tried to ... See all stories on this topic » | ||
| US economy added 69000 jobs in May, fewest in a year; unemployment rate rose ... Washington Post WASHINGTON — The US economy suddenly looks a lot weaker. Only 69000 jobs were added in May, the fewest in a year, and the unemployment rate rose from 8.1 percent to 8.2 percent. The dismal jobs data will heighten fears that the economy is sputtering. See all stories on this topic » | ||
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| US economy adds a disappointing 69000 jobs in May Los Angeles Times The dismal jobs figures could fan fears that the economy is sputtering. The unemployment rate rose to 8.2 percent from 8.1 percent in April, the first increase in 11 months. The Labor Department also says the economy created far fewer jobs in the ... See all stories on this topic » | ||
| Economy, and Obama, Mired in Down Data New York Times (blog) By NATE SILVER Once we introduce our presidential forecasting model next week, which is based in part on current and projected economic data in addition to the polls, we'll be able to estimate in real time how something like the poor May jobs report ... See all stories on this topic » | ||
| With economic problems at home persisting, just what is it that a Democrat is ... Chicago Tribune WASHINGTON (AP) — Five months before the elections, the uneven economic recovery is sputtering and job growth is anemic. Stock prices are down to 2011 levels and news on the European debt front is menacing. What's a Democrat to do? See all stories on this topic » | ||
| Poor economic numbers, opportunistic Romney hover over Obama's head Detroit Free Press Polls show Obama's handling of the economy is his biggest weak spot. People in the US overwhelmingly rate the economy as their biggest worry, and jobs are what they say matters most. But the president still has time for the outlook to improve. See all stories on this topic » | ||
| Danger sign for US economy: Job growth disappoints BusinessWeek It was the third month in a row of weak job growth and further evidence that, just as in 2010 and 2011, a winter of hope for the economy has turned to a spring of disappointment. "This is horrible," said Ian Shepherdson, chief economist at High ... See all stories on this topic » | ||
| Romney keeps up drumbeat on Obama, economy at Del Mar fundraiser Los Angeles Times By Mitchell Landsberg Mitt Romney accused President Obama on Saturday of looking for "any excuse" to pass off responsibility for the sputtering economy, and he said Obama had gone so far as to blame former President George W. Bush during the unveiling ... See all stories on this topic » | ||
| GLOBAL ECONOMY-China slowdown worsens amid signs US losing steam Reuters The darkening outlook was underlined by data showing the fourth monthly decline this year in exports from South Korea, the first major economy to report May numbers, as shipments to the United States, Europe and China all fell. See all stories on this topic » | ||
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| Obama says economy will come back stronger The Associated Press By JIM KUHNHENN, AP – 1 minute ago MINNEAPOLIS (AP) — President Barack Obama said Friday the latest employment report shows that the economy is not creating jobs "as fast as we want," but he pledged that the economy will improve. See all stories on this topic » | ||
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| Obama calls for Congress to spur economy after weak job growth Los Angeles Times By Jim Puzzanghera WASHINGTON -- Citing the slow economic growth that led to Friday's disappointing unemployment report, President Obama used his weekly radio address to urge Congress to act on a package of long-stalled proposals he said would ... See all stories on this topic » | ||
| Dismal job growth shows US economy slowing New York Daily News By By Kevin G. Hall Friday, June 1st 2012, 08:00 AM WASHINGTON _ A dismal jobs report Friday rekindled fears that the economy is stumbling, sending stocks plunging, stoking talk of new life-support moves by the Federal Reserve, and suggesting new ... See all stories on this topic » | ||
| India's economic growth slides to 9-year low BusinessWeek By ERIKA KINETZ India's economic growth slowed to 5.3 percent in the January-March quarter, the lowest in nine years, as the malaise in manufacturing and other sectors spread to ordinary Indians, who trimmed spending. See all stories on this topic » | ||
| Obama warns of 'serious headwinds' to economic recovery following ... Washington Post Facing another dismal employment report, President Obama acknowledged Friday that the United States is not creating jobs fast enough and warned of "serious headwinds" outside the nation's control that continue to hamper the economic recovery. See all stories on this topic » | ||
| US economy grows at 1.9 pct. annual rate in Q1 BusinessWeek By MARTIN CRUTSINGER The US economy grew at an annual rate of 1.9 percent in the first three months of the year, slower than first estimated. The Commerce Department on Thursday lowered its estimate for January-March growth from an initial estimate of ... See all stories on this topic » | ||
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| Feds issue two dreary economic reports, in sign economy will top voter concerns Fox News The US government issued two downbeat economic reports Thursday, numbers that are sure to fuel the presidential campaign rhetoric as they signal jobs and the economy will remain top voter concerns going into the election. See all stories on this topic » | ||
| Economic Dread Rocks Wall Street; Dow Surrenders 2012 Advance Fox Business By Adam Samson Market participants bolted out of risky equity and commodity markets on Friday amid fresh evidence that many of the world's biggest economies are losing momentum at a dramatic pace. The blue chips erased their 2012 rally and the broader ... See all stories on this topic » | ||
| GOP Blasts Obama Over Jobs Report Wall Street Journal By DANNY YADRON And JANET HOOK Republicans pounced on Friday's weaker-than-expected monthly jobs report, with presumptive GOP nominee Mitt Romney calling the reading the latest "indictment of the president's handling of the economy. See all stories on this topic » | ||
| Obama says economy will 'come back stronger' The Seattle Times President Barack Obama said Friday the latest employment report shows that the economy is not creating jobs "as fast as we want," but he pledged that the economy will improve. By JIM KUHNHENN Associated Press No comments have been posted to this ... See all stories on this topic » | ||
| President Obama Vows Economy 'Will Come Back Stronger' ABC News (blog) Reacting to this morning's weak jobs report, President Obama admitted the economy is not creating jobs "as fast as we want," but was confident that the country has better days ahead. "Today, we're still fighting our way back from the worst economic ... See all stories on this topic » | ||
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| Slowdown in India's foreign trade compounds economic woes Reuters India's top automaker reports falling car sales * Indian media blast govt's handling of economy * Singh announces steps to track costs of govt projects (Updates with cabinet meeting, petrol price cut delay) By Ross Colvin and Manoj Kumar NEW DELHI, ... See all stories on this topic » | ||
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| Economy reaching danger zone Washington Post (blog) What will be interesting to watch now is how these numbers impact Obama's strategy, which still seems based on the assumption that the economy will continue to improve slowly. Obama's message has been, to oversimplify, "We're making progress, ... See all stories on this topic » | ||
| Repairing Roads Can End All Kinds of Gridlock New York Times DEMOCRATS and Republicans share less common ground than at any point in living memory, and they are especially divided about our still-ailing economy. When Democrats propose additional economic stimulus, Republicans call for more cuts in government ... See all stories on this topic » | ||
| Ugly jobs numbers rattle Obama's re-election bid Fox News WASHINGTON – Nothing upsets a president's re-election groove like ugly economic numbers. A spring slowdown in hiring and an uptick in the unemployment rate are weighing on Barack Obama, while enhancing Republican challenger Mitt Romney's argument that ... See all stories on this topic » | ||
| Economy in U.S. Expanded Less Than Previously Estimated San Francisco Chronicle May 31 (Bloomberg) -- The US economy grew more slowly in the first quarter than previously estimated, reflecting smaller gains in inventories and bigger government cutbacks. Gross domestic product climbed at a 1.9 percent annual rate from January ... See all stories on this topic » | ||
| China factory surveys signal wider economic weakness Reuters The weakening of both index readings at a headline level is worrying for investors who see economic headwinds intensifying around the world and increasingly look for China - the biggest single provider of growth in the global economy - to pick up the ... See all stories on this topic » | ||
| Obama says jobs report shows economy faces 'serious headwinds' Los Angeles Times By Kathleen Hennessey WASHINGTON-- President Obama talked Friday of "serious headwinds" facing the economy, adding a new subdued tone to remarks on the economic recovery as he reacted to a grim jobs report that doesn't bode well for the economy -- or ... See all stories on this topic » | ||
| Slowdown worsens as China cools, Europe sinks Reuters In Britain, manufacturing activity shrank at its fastest pace in three years last month as the global economic slowdown hit demand for its goods. "It doesn't bode well for the second quarter," said Sian Fenner, global macroeconomist at Lloyds Banking ... See all stories on this topic » | ||
| US employers still waiting for sales to pick up BusinessWeek Job creation is the fuel for the nation's economic growth. When more people have jobs, more consumers have money to spend -- and consumer spending drives about 70 of the economy. When Michael Eberstadt opened his New York City soul food restaurant in ... See all stories on this topic » | ||
| US economy appears weaker ahead of jobs report BusinessWeek By MARTIN CRUTSINGER The US economy is looking slightly weaker one day before a critical report on May job growth. Economic growth was a little slower in the first three months of the year than first estimated, largely because governments and consumers ... See all stories on this topic » | ||
| Jobless rate now a leading political indicator BusinessWeek Job growth has now been disappointing for three straight months, accentuating the economic and political challenge ahead for the president. As this year's dominant economic barometer, they are a baseline from which to gauge Obama's and Romney's ... See all stories on this topic » | ||
| Brazil economy disappoints again in 1st quarter Reuters Economy expands 0.2 pct in Q1 from previous quarter * Quarterly growth at 0.8 pct on a year-on-year basis * Weak investment bodes poorly for recovery By Brian Winter SAO PAULO, June 1 (Reuters) - Brazil's economy expanded just 0.2 percent in the first ... See all stories on this topic » | ||
| India economic growth slides to slowest since 2008 San Francisco Chronicle (05-31) 01:26 PDT MUMBAI, India (AP) -- India's economic growth slowed to 5.3 percent in the January-March quarter, the lowest since 2008, as the malaise in manufacturing and other sectors spread to ordinary Indians, who trimmed spending. See all stories on this topic » | ||
| US Creates 69000 New Jobs, Unemployment Rate 8.2% CNBC.com The American jobs engine hit stall speed in May, with the economy adding just 69000 new jobs while the unemployment rate climbed to 8.2 percent. As another summertime swoon looms, the Bureau of Labor Statistics reported that job creation missed ... See all stories on this topic » | ||
| Bleak jobs report spells trouble for Obama re-election Reuters The US jobless rate ticked up to 8.2 percent in May from 8.1 percent in April and only 69000 jobs were added during the month, presaging a possible summer economic dip. The jobs report was a reminder of the political challenges Obama faces as he seeks ... See all stories on this topic » | ||
| Dispiriting jobs report weakens Obama's re-election arguments, bolsters ... Washington Post It's heightened White House anxiety over global threats to US economic growth — and the president's political prospects, too. The economy, Obama conceded Friday, "is not growing as fast as we want it to." Taking a harsher tone, presumed Republican ... See all stories on this topic » | ||
| Spotlight Shines on Aung San Suu Kyi at World Economic Forum Voice of America Thursday, 31 May 2012 Spotlight Shines on Aung San Suu Kyi at World Economic Forum Daniel Schearf BANGKOK - The World Economic Forum on East Asia has opened for the first time in Thailand, with hundreds of business leaders and heads of state from ... See all stories on this topic » | ||
| Obama Turns to Congress for Jobs Help New York Times President Obama, stung by a new report showing that the nation's job market is sputtering, renewed his call on Congress Friday to enact measures to revive the economy, warning they were needed not only to shake the United States out of its torpor but ... See all stories on this topic » | ||
| China's economy is changing lanes MarketWatch By Caixin Online BEIJING ( Caixin Online ) — Is China's economy moving out of the fast lane? Growth indicators have mostly fallen below market expectations, and organizations have been quick to lower their growth forecasts. See all stories on this topic » |
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