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Economy
European Economic Growth Slower than Expected – Los Angeles to Add More Jobs
Jun. 3 | Studies have shown that the economic improvement of Europe for the fourth quarter of the year 2010 is slower than expectations. This indicates that some European countries are still suffering from problems such as a large amount of debt and lack of competitiveness....
More Jobs Added for May as Economy Improves
May. 31 | For the month of May, around 192,000 jobs have been added in the labor market, which means that the market has shown such a strong growth. This is the result of the fact that unemployment has lowered to less than nine percent. The last time this happened...
US Economy Adds 244,000 Jobs for the Third Consecutive Month
May. 24 | The US economy faced the rising demand of unemployment through the provision of jobs for the labor sector in April, demonstrating a third straight month of establishing work opportunities for the industry. Comparable to the labor climb in the last two...
Texas Economic Chain Reaction Feared
May. 24 | According to economic analysts and advocacy groups, the draft state budget proposing deep cuts in government services could also produce a broad economic chain reaction across the state. This is anticipated to also endanger tens of thousands of public...
Mitt Romney Criticizes Obama for Poor Handling of Economy
May. 22 | Mitt Romney, a possible contender for the presidency from the Republican side, said that the president, Barack Obama, was unsuccessful with handling the United States Economy. Specifically, the economic recession has lasted longer than necessary according...
Economy of Israel Ready for Egypt Political Turmoil
Mar. 4 | The chaos that is happening in Egypt as the citizens try to oust President Hosni Mubarak, is affecting the economies of other nations. However, there are also other economies which are strong enough to prevent Egypt from causing their own to be severely...
President Mubarak and Ministers Discuss Economic Recovery
Mar. 2 | A lot of protests have been going on in Egypt right now, anti-government protests calling for the ousting of the current president Hosni Mubarak. He has held office for about three decades, and the Egyptians are calling for him to go out of the presidential...
U.S. Economy and GDP Grows Tepidly
Dec. 31 | According to the latest reports, the U.S. Economy is still neutral. This means that it is growing, but at a very slow pace, and this slow pace is not enough to significantly reduce the joblessness that is plaguing the country. In this study, a vast range...
Uncertain Legal Status of Foreclosures May Lead to Depressed Home Prices
Dec. 29 | The Obama administration expressed concern over the legal status of homes that were foreclosed. The administration stated that if these legal concerns remain uncertain, the home prices might depress even further and the housing market’s recovery might...
