U.S. economy flashing conflicting signals in areas like housing, spending and jobs
The number of people applying for unemployment benefits fell sharply in the week ending Sept. 22. That suggests that the weak job market could strengthen. Employers added just 96,000 jobs in August — barely enough to keep up with the growth of the working-age population. The unemployment rate did fall to 8.1 percent from 8.3 percent. But that was because many people gave up looking for work, so they were no longer counted as unemployed.
Looking Ahead: The September jobs report will come out Friday. Economists think the economy will show a modest gain of about 100,000 jobs. Given employers' anxiety about the U.S. fiscal cliff and Europe's economic crisis, few expect a significant pickup in hiring soon.
- Crowds to flock to Salt Lake City this weekend
- Salt Lake City's inversion problem could mean...
- How much did President Obama donate to his...
- Ride-sharing business launches despite...
- Utah wind power poised to increase
- Obamacare may not be as expensive as we thought
- Sierra Club labels Utah oil shale, tar sands...
- Balancing act: French ban on after-hours...
- How much did President Obama donate to... 46
- Obamacare may not be as expensive as we... 28
- Budget office: Raising federal minimum... 12
- Balancing act: French ban on... 10
- Salt Lake City's inversion problem... 8
- March another record-setting month for... 5
- Sierra Club labels Utah oil shale, tar... 5
- Striking a balance: Moab's future... 4