Unemployment Sounds Warning About Economy
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Economists viewed a surge in unemployment as the most powerful sign to date of a possible recessionary downturn.
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The US economic outlook has suddenly darkened in the wake of data showing a stalling of the job growth machine, raising risks that a housing slump will lead to a full-blown recession, analysts say.
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The Federal Reserve may be willing to accept a temporary increase in unemployment by lifting interest rates as oil prices rise because the ``worst possible outcome&#39;&#39; would be to let
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The U.S. unemployment rate likely  hit its highest in more than a year in December, evidence of  the rising difficulties Americans face finding a job, according  to economists polled by Reuters.
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For anyone who is worried about the economy, 2008 is off to a lousy start.
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The latest batch of disappointing U.S.  employment data highlights a gap between Wall Street's economic  forecasts and the tough labor market facing nearly eight  million unemployed Americans.
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A downward spiral of falling house prices and reduced lending threatens the economy, an economist warns.
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Experts have warned all year that a slowing U.S. economy and rising borrowing costs would lead to an increase in bad loans by homeowners and other borrowers.
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With recession looming, there are pitfalls and opportunities.
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By Xin Dingding  Labor experts have warned of huge job losses if the Chinese currency continues to appreciate sharply.
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The latest jobs report, raises questions about how long the economic firewall that has safeguarded most industries from the housing crisis can stay in place.
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The number of new applications filed last week for unemployment benefits fell sharply, offering a hopeful sign that the recovery in the job market may be gaining some steam.
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A report of a surprise drop in regional factory activity suggested that the economy might be losing momentum faster than most economists expected.
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The Economic Cycle Research Institute was among the first to predict the recession after the 1990Âs boom, and it is getting nervous once again.
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Business & money: Warning that small economic shock could be enough to cause serious problems.
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In todayÂs economy, workers have to prepare for the possibility that their jobs wonÂt last as long as they once expected.
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The new forecast will reflect the drag from the housing slump and a slightly lower-than-expected unemployment rate.