Economy Minister Amado Boudou rejected inflation criticism and assured that all of the macroeconomic variables of the country are “very good.” He also indicated that surplus and the accumulation of reserves “should maintain themselves with time.” The candidate to vice-president for the Victory Front bloc showed his “pride” to stand alongside President Cristina Fernández de Kirchner in her run for re-election.
US employers hired at a dismal pace in June, raising pressure on the Federal Reserve to do more to boost the economy and further imperiling President Barack Obama's chances of reelection in November.
US President Barack Obama said today the labor market is not hiring workers fast enough, following the release of a government report that showed weaker-than-expected employment figures.
Employers added 171,000 people to their payrolls last month, the Labor Department said today. The government also said 84,000 more jobs were created in August and September than initially estimated.
The economy needs to grow more quickly if it is to produce enough jobs to bring down the unemployment rate further, Federal Reserve Chairman Ben Bernanke said today.
US payrolls rose far less than expected in March, keeping the door open for further monetary policy support from the Federal Reserve, even as the unemployment rate fell to a three-year low of 8.2 percent.
Job growth in May was the weakest in a year and employers added far fewer jobs in the prior two months than previously reported, suggesting the economic recovery was faltering.
US employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5%, offering the strongest evidence yet the economic recovery was gaining steam.
New US applications for unemployment benefits dropped to a near four-year low last week, a government report today showed, pointing to continued improvement in the labour market.
US employment grew solidly for a third straight month in February, a sign the economic recovery was broadening and in less need of further monetary stimulus from the Federal Reserve.
US employment rose far less than expected in May to record its weakest reading since September, while the jobless rate rose to 9.1 percent as high energy prices and the effects of Japan's earthquake bogged down the economy.
The September jobs report was "a bit of positive news", but the pace of jobs growth is still too slow to make a significant dent in the unemployment rate, a Federal Reserve policymaker said today.
The pace of job growth in the economy's private sector accelerated in November, with US employers adding 206,000 jobs, a report by a payrolls processor showed today.
The US economy created far fewer jobs that expected in December, suggesting the Federal Reserve will complete its asset buying program, but the unemployment rate dropped to its lowest in more than 1-1/2 years.
US private employers added more than 200,000 jobs in March while planned layoffs fell, underscoring expectations that momentum in the labor market will help underpin the economic recovery.
US employment recorded a second straight month of solid gains in March and the jobless rate fell to a two-year low of 8.8 percent, marking a decisive shift in the labor market that should help to underpin the economic recovery.