NEWSTALK 860 » economy

Jobless Claims Fall by 42,000 — Is the Job Market Doing Better?

Chris Chaberski — Thu, 11 Apr 2013 17:37:02 +0000

After last week's disappointing March jobs report, the Department of Labor released some rather encouraging news on Thursday.

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88,000 New Jobs in March Is Weakest Growth in Nine Months

Chris Chaberski — Fri, 05 Apr 2013 16:16:39 +0000

Job growth appeared to slow drastically during March, as employers added 88,000 new jobs, down from 268,000 in February. The unemployment rate went down a tick, from 7.7 percent to 7.6, but that was due to a reduction in the labor force.

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Economy Adds 236,000 Jobs; Unemployment Rate Drops to 7.7%

Chris Chaberski — Fri, 08 Mar 2013 17:22:32 +0000

The labor market—and the economy overall—is improving, albeit gradually, with employers adding 236,000 jobs in February. That gain brought the unemployment rate down a few ticks from 7.9 percent to 7.7, its lowest point in four years.

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Economy Adds 155,000 Jobs in December, Unemployment Rate Stays Even

Chris Chaberski — Fri, 04 Jan 2013 17:27:18 +0000

The American economy created 155,000 new jobs in December, according to the latest report from the Labor Department. The unemployment rate is 7.8 percent, the same as November.

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Buying Underwear Fuels the Economy

Jen Austin — Thu, 11 Oct 2012 14:47:09 +0000

Have you heard the crazy notion that men’s underwear sales are an economic indicator?

When men’s underwear sales are up, the economy is doing well. When people are not buying guys’ tighty whities, the economy is in the tank.

Do you think it’s true?

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Americans Keep Having Fewer Babies, Probably Because of the Economy

Jeremy Taylor — Wed, 03 Oct 2012 18:56:09 +0000

Call it the "baby bust." For the fourth straight year, birth rates in the United States have declined.

Slightly fewer than four million babies were born in the U.S. in 2011, the lowest total since 1998. However, the 1 percent drop in the birth rate was less than it had been in the previous three years. This suggests that the economic pressure experts believe is depressing the birth rate may be easing up.

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Expecting a Raise Next Year? Here's How Much You'll Get — Dollars and Sense

Shauna Wright — Fri, 03 Aug 2012 14:28:29 +0000

For the past couple years, many American workers have been putting in longer hours to help cover the productivity gap left by the massive layoffs that took place after the recession hit.

Now maybe they’ll be seeing some rewards for all that hard work — a new survey shows a lot of companies will be handing out bigger raises in 2013 than they have in recent years.

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Is College Still Worth the Money It Costs? — Survey of the Day

Jeremy Taylor — Mon, 23 Jul 2012 18:25:48 +0000

It used to be a given that a college education was worth the money. But the price of a four-year education has skyrocketed over the last couple decades, and — due to the bad economy –a college degree has become less of a surefire job guarantee.

So have these factors changed opinions on college’s worthiness?

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What States Are the Best — And Worst — To Find a Job?

Shauna Wright — Fri, 27 Jan 2012 18:39:19 +0000

If you’re one of the millions of Americans currently looking for work, you might want to consider moving — seems your odds of landing a job are better in some states than others.

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Gas Prices Could Hit Record High This Year — Dollars and Sense

Shauna Wright — Mon, 09 Jan 2012 17:35:16 +0000

If it seems like it’s costing more and more to fill up your gas tank, it’s not just your imagination.

On average, a gallon of fuel costs 22 cents more than it did at this time last year. Worse yet, experts think it’ll climb higher still.

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A New Type of Dad – Child Raising and Coupon Clipping [VIDEO]

Andree Valentine — Wed, 09 Nov 2011 15:21:44 +0000

- Submitted by KSFA listener, Brad Warner

When I walk into my children's daycare and activity group, the first thing I notice is the amount of dads that are there. It seems to me, as one of these so-called 'stay-at-home dads', that there is an increasing number of these fathers who have turned raising their children into their careers.

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Bank of America to Cut 30,000 Jobs As Part of $5 Billion Reductions

Shauna Wright — Mon, 12 Sep 2011 16:44:31 +0000

On Monday, Bank of America announced that part of its plan to cut $5 billion in spending by 2014 includes the elimination of 30,000 jobs.

CEO Brian Moynihan made no mention of layoffs during an investor conference, and the bank says it expects the job losses to occur naturally through attrition and not rehiring when people vacate their positions.

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GOP Agrees To Budget Plan

Andree Valentine — Fri, 15 Apr 2011 22:00:49 +0000

On a party-line vote, the House of Representatives passed a Republican 2012 budget proposal which aims to start the country down the path of deficit reduction, but which Democrats warn will gut a vital safety net for seniors.

The House voted 235-193 to approve the plan by Rep. Paul Ryan, R-Wis., chairman of the House Budget Committee, though its future beyond that is uncertain. Still, Republicans say the country is on the precipice and they have no other choice but to start slashing trillions in future spending.

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Angelina Sales Tax Revenue Up Slightly, But Not For Everybody

Jim Bell — Thu, 10 Mar 2011 17:04:53 +0000

The State Comptroller's Office reports local shares of the state sales tax went up for most areas of the state in January, for the 11th straight month. That includes Angelina County, but not for everybody.

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Numbers Tell the Story. Texas Economy is on the Rebound

Jim Bell — Thu, 24 Feb 2011 21:36:28 +0000

The Texas economy, which was never hit quite as hard by the recession as many other states, appears to be rebounding because people are spending more money than they were last year.

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Oil Prices Rise Due To Libyan Protests

Andree Valentine — Mon, 21 Feb 2011 20:32:48 +0000

Oil prices have been rising since Friday due to the turmoil in Libya.

To watch the video, click here.
Oil producing nations have emergency reserves to draw on to stabilize markets in case the violence in Libya and the wider Middle East escalates to seriously affect energy production, officials said Monday.

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