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Payrolls fall less than expected 54,000 in August
(Reuters)
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Reuters - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private payrolls growth surprised on the upside, easing pressure on the Federal Reserve to prop up growth.
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US unemployment jumps 9.6 percent
(AFP)
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AFP - US unemployment jumped to 9.6 percent in August, the Labor Department said on Friday, showing the recovering economy is still struggling to create jobs.
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Campbell Soup profit beats Street but sales light
(Reuters)
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Reuters - Campbell Soup Co posted lower-than-expected quarterly sales and forecast sales growth for the new fiscal year would be below its long-term target as the world's largest soup company grapples with a weak economy.
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Instant View: Payrolls fall by 54K, less than expected
(Reuters)
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Reuters - U.S. employment fell for a third straight month in August, but the decline was far less than expected and private payrolls growth surprised on the upside, easing pressure on the Federal Reserve to prop up growth.
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Companies add 67K workers, but jobless rate rises
(AP)
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AP - Private employers hired more workers over the past three month than first thought, lifting hopes for the weak economy. But the unemployment rate rose in August for the first time in four months as more people entered the market looking for work.
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(AP)
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AP - Companies add 67,000 workers in August; unemployment rate climbs to 9.6 percent
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Service sector spotlight shines on Germany, China
(Reuters)
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Reuters - Global service sector surveys highlighted a growing divergence in economic recovery on Friday with a pick up in growth in China and Germany but slowdowns in Britain and Spain and an expected deceleration in the United States.
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Broke youth anti-crime groups want federal cash
(AP)
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AP - A $1.6 billion congressional bailout of sorts could help financially flailing groups that fight to keep young people out of trouble, yet lawmakers are reluctant to take up the expensive proposal amid a sour economy and other, more pressing issues.
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Obama to comment Friday on jobless report
(AP)
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AP - President Barack Obama will speak to reporters Friday after the Labor Department releases its monthly jobless report.
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