U.S. economy added 194,000 jobs in September, far below expectations
The Labor Department said Friday the U.S. economy created 194,000 more jobs in September, below the projections of about 500,000.
US Jobless Benefit Claims Dropped Sharply Last Week
First-time claims for U.S. unemployment compensation dropped sharply last week after three straight weeks of increasing numbers of jobless workers filing for benefits, the Labor Department reported Thursday.
Germany Edging Closer To Government
Germany, Europe’s largest economy, came a step closer to having a new government Thursday some 10 days after the German center-left Social Democrats won parliamentary elections.
US slightly revises up its GDP estimate for Q2 to 6.7%
The U.S. economy expanded at a 6.7% annual pace from April through June, the Commerce Department said Thursday, slightly upgrading its estimate of last quarter’s growth in the face of a resurgence of COVID-19 in the form of the delta variant.
Tough Coalition Talks Underway in Germany
Tough coalition talks have begun in Germany after the center-left Social Democrats (SPD) claimed a narrow victory in Sunday’s federal election. They defeated the conservative block of outgoing Chancellor Angela Merkel, who ruled Germany for 16 years.
Germany’s Leftists Beat Merkel’s Conservatives In Election
Germany’s center-left Social Democrats (SPD) have claimed victory in the federal parliamentary election in a significant political turnaround. The outcome came as a setback for the party of outgoing Chancellor Angela Merkel, who ruled Germany for 16 ye…
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