Economic news and job reports

Jul 3: A jobs report that failed to live up to the most gloomy forecasts and signs that Europe may hold off on more rate hikes could help the greenback. more

Utah goes to 4-day workweek to save energy

Jul 3: Starting next month, thousands of government employees will only work 4 days per week, in an effort aimed at reducing energy costs and commuters' gasoline expenses. more

A half-year of job losses

Jul 3: As the unemployment rate holds at 5.5%, the outlook isn't especially bright. more

Unemployment claims surge

Jul 3: New jobless claims hit 404,000, according to Labor Department. more

More Jobs & Economy News

• Gas prices scale record $4.10 a gallon

• ECB raises interest rates to 4.25%

• Subsidies boost food prices - WTO

• Service sector shrinks in June - survey

• Bye-bye gas subsidies

• Environment trumps economy - Poll

• Airports cash in on flight delays

• Changing July 4 travel plans

• Gas hits fresh record ahead of July 4

• Pace of housing rescue slows, as foreclosures rise

All Jobs & Economy News

IN FOCUS:

Economic 'misery' more widespread

Some experts argue that true inflation and unemployment -- the components of the economy's 'Misery Index' -- are higher than the government's official figures. more

The Fed: Betting on a rate hike

Historically, the Fed has been quiet leading up to an election. But some traders think the Fed could raise rates as soon as October. more

Forced to put retirement on hold

Some 27% of American workers aged 45 and older are putting their retirement on hold, according to AARP survey. more

Barely surviving on credit cards

No longer able to turn their homes for cash, Americans are increasingly using plastic to meet their basic living expenses. But many can't afford to pay the bills. more

Quizzes

Are you ready for the new global economy?

The era of U.S. economic dominance is over, pundits say, and the future of your money is international. Take our quiz to see whether you're really ready. more

Could you make it to CEO?

Find out whether you have the political savvy to scale the executive ranks. more

Specials

Issue #1: America's Money

Recession fears. Mortgage crisis. Jobs at risk. The real story of America's economy. more

Recession-Proof Your Life

The economy and the markets may be in for a hard fall. Here's how you and your family can land safely. more

Best Companies to Work For

See the full list of America's top 100 employers, including detailed company profiles, top locations and contact information. more

Fed Focus

Find out what the Federal Reserve will do next, where interest rates are headed and what it means to you. more

Video

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Union leader backs Obama plan

Municipal employees' union pension director thinks Obama?s plan will be good for the economy. more

Lipstick is recession proof

Despite an economic downturn, expensive make-up and beauty products keep moving off department store shelves. more

Economic Calendar

Date

Event

Jul 7

Treasury STRIPS (Jun , 2008)

Jul 8

ICSC-UBS Store Sales (wk7/5 , 2008)

Jul 8

Redbook (wk7/5 , 2008)

Jul 8

Pending Home Sales Index (May , 2008)

Jul 8

Wholesale Trade (May , 2008)

Jul 8

Consumer Credit (May , 2008)

Jul 9

MBA Purchase Applications (wk7/4 , 2008)

Jul 9

EIA Petroleum Status Report (wk7/4 , 2008)

Jul 10

Chain Store Sales (Jun , 2008)

Jul 10

Jobless Claims (wk7/5 , 2008)

Full List

7 economic indicators

The indicator	The reading	Next update
Manufacturing (ISM)	Signals expansion for the first time since January.	Aug. 1
Consumer Confidence	At 16-year low.	July 29
Leading Indicators	Continues a slow climb.	July 21
Industrial Production	Output at nation's factories falls for second month in a row.	July 16
Inflation (CPI)	Surging energy prices help drive annual cost-of-living rate rise to 4.2%.	July 16
Retail Sales	May retail sales show 1% overall gain, twice expectations.	July 15
Job Growth	Unemployment spikes higher.	July 3

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