WASHINGTON (Reuters) – U.S. employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, the strongest evidence yet the economic recovery is gaining steam. Nonfarm payrolls increased 200,000 in December, the Labor Department said on Friday. It was the biggest rise in three months and beat economists’ expectations for a 150,000 gain. The unemployment rate fell from a revised 8. …

Quoted from Unemployment near three-year low on Yahoo! News – Latest News & Headlines

U.S. homebuilding fell more than expected in February as construction of single-family homes dropped to near a two-year low, offering more evidence of a sharp slowdown in economic activity early The Greek government-debt crisis (also known as the Greek Depression) is the sovereign debt crisis faced by Greece in the aftermath of the financial crisis of 2007–08. Neither Clarida nor Powell said definitively whether rate hikes should stop at neutral, and each stressed that level was very difficult to estimate. Early 1980s recession in the The United States entered recession in January 1980 and returned to growth six months later in July 1980. Although recovery took hold, the rate remained unchanged through the start of a second recession in Tags: early, 1980s, recession, united, Drought has dropped Clear Lake to its est level in 37 years, forcing the closure of several public boat ramps and triggering shal-water warnings at several others. After ly a decade of economic crisis, Spain is finally growing again, underscoring hopes that the eurozone has reached a healthier place. The manufacturing purchasing managers’ index (PMI) published by the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP) fell from 51.3% in August to 50.8% in September.

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