Business

Reporting on jobs & the economy, finance & small business

Job openings and hirings fell in March

Job openings and hirings fell in March

A new report says, there were 3.1 unemployed people, on average, for each job opening in March; above the ratio of 2 to 1 typical in a healthy economy.…

Survey: Moms take the lead in discussing personal finance with kids

Survey: Moms take the lead in discussing personal finance with kids

A survey found that mothers clearly have the upper hand over fathers in getting the discussion on personal finance started with their adult children. …

Where is Mexico’s high-speed rail?

Where is Mexico’s high-speed rail?

Mexican president Enrique Peña Nieto's vision of high-speed rail seems to be stuck in the tracks. Four months after, he announced his first infrastructure project: a high-speed rail across the Yucatan Peninsula, from Merida to…

Stock markets stagnant as strong US jobs report fades

Stock markets stagnant as strong US jobs report fades

Investors turned more cautious on Monday as the momentum from an unexpectedly strong U.S. jobs report last week faded. …

Latino unemployment rate hits four-year low, but it’s not all good news

Latino unemployment rate hits four-year low, but it’s not all good news

The Latino unemployment rate dropped to 9.0 percent but Latinos still have a long way to go to recover from the latest recession.…

US gold and oil prices indicative of Federal Reserve’s failing policy

US gold and oil prices indicative of Federal Reserve’s failing policy

The Federal Reserve's policies are at this juncture: Either commodity prices begin to reflate or these prices continue to melt and take the economy with it.…

Job growth strong in April: Unemployment rate falls to 7.5 pct.

Job growth strong in April: Unemployment rate falls to 7.5 pct.

The job growth in April drove down the unemployment rate to a four-year low of 7.5 percent and sent a reassuring sign that the U.S. job market is improving.…

April’s ADP report signals austerity weighs on the job market

April’s ADP report signals austerity weighs on the job market

The ADP report shows companies added 119,000 jobs in April, suggesting spending cuts and higher taxes could be weighing on the job market. …

International Labor Day but not in America

International Labor Day but not in America

More than ever, the International Labor Day has a special meaning in the United States, the place where all started but it is not celebrated.…

What the GDP report means to the average person

What the GDP report means to the average person

This GDP report gives a perfect snapshot of how the U.S. economy is performing. It is great if you are rich and really difficult to tolerate if you're not.…