May, Job Market | featured news

(Image from article: "May unemployment rate up to 9.1%; employers add just 54,000 to payrolls")

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May unemployment rate up to 9.1%; employers add just 54,000 to payrolls

The nation's job market took a turn for the worse last month as employers sharply pulled back their hiring and the unemployment rate edged up to 9.1%, the Labor Department said Friday.

Consumer confidence dims as home prices advance

Consumer confidence sank in July to its lowest since February on job market worries, underscoring the slow path to economic recovery, and home prices rose in May but without signs of a sustained rebound, reports released on Tuesday showed.

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