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Unemployment in U.S. Probably Rose as Recovery Can't Generate Enough Jobs
The jobless rate probably rose in September for a second month as the year-old U.S. recovery failed to generate enough jobs to keep up with a growing labor force, economists said before a report this week.
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Fed Officials Debate Easing Tools as Dudley Says Further Steps Warranted
Federal Reserve policy makers are now debating how to deploy tools for more unconventional easing as two top officials indicated action may be needed to lower unemployment persisting near 10 percent.
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China Will Stimulate More Domestic Demand to Stabilize Economy, Wen Says
The global financial crisis has shown the need for China to focus on “structural problems” in its economy including taking steps to encourage more domestic demand, Premier Wen Jiabao said.
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