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Political Economy: February 27, 2011 - March 5, 2011

Feb. unemployment report: just 'decent'?

At first glance, the numbers in the February unemployment report are spectacular. An estimated 192,000 jobs were added last month to nonfarm payrolls, compared with 63,000 in January, 152,000 in December and 93,000 in November. There are lots of reasons...

By Ariana Eunjung Cha  | March 4, 2011; 12:37 PM ET  |  Permalink  |  Comments (21)
Categories:  Federal Reserve, Manufacturing, U.S. Economy, U.S. Labor Department, Unemployment  
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Economic agenda: Friday, March 4, 2011

At 8:30 a.m. -- The Labor Department releases the unemployment report for February. This report should give a sense of how much January's muddled report was a result of bad weather. Analysts expect a booming 196,000 net new jobs in...

By Washington Post editors  | March 4, 2011; 6:33 AM ET  |  Permalink  |  Comments (0)
Categories:  *Economic agenda  
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Economic agenda: Thursday, March 3, 2011

At 8:30 a.m. -- The Labor Department releases weekly jobless claims. At 8:30 a.m. -- The Labor Department releases fourth-quarter workplace productivity. At 10 a.m. -- The Institute for Supply Management report on activity in the services sector in February...

By Washington Post editors  | March 3, 2011; 6:34 AM ET  |  Permalink  |  Comments (0)
Categories:  *Economic agenda  
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FTC cracks down on employment scams

Federal Trade Commission is expected to announce Wednesday that it has halted the operations of and imposed millions of dollars in fines on several companies that it says promised to help people find work but instead only took their money.

By Ylan Mui  | March 2, 2011; 11:00 AM ET  |  Permalink  |  Comments (1)
Categories:  Federal Trade Commission, Unemployment  
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Economic agenda: Wednesday, March 2, 2011

At 8:15 a.m. -- ADP employment report on job creation in the private sector in February is released. At 10 a.m. -- Federal Reserve Chairman Ben S. Bernanke testifies about "Challenges Facing State and Local Governments" before the House Financial...

By Washington Post editors  | March 2, 2011; 6:30 AM ET  |  Permalink  |  Comments (1)
Categories:  *Economic agenda  
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Economic agenda: Tuesday, March 1, 2011

At 10 a.m. -- Federal Reserve Board Chairman Ben Bernanke delivers the Fed's twice yearly monetary policy report to Congress before the Senate Banking Committee. At 10 a.m. -- The Institute of Supply Management releases manufacturing activity data for February....

By Washington Post editors  | March 1, 2011; 6:34 AM ET  |  Permalink  |  Comments (0)
Categories:  *Economic agenda  
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3 charged with ignoring signs that body armor supply firm was paying for prostitutes

Members of the audit committee at a company called Point Blank Solutions allegedly discussed some unconventional expenses: The company was paying for prostitutes. But don't look for details in records of the meetings. "In fact, although these payments were discussed at board meetings, these discussions were concealed by omitting them from the official board minutes," the Securities and Exchange Commission said Monday as it charged three former directors with being "willfully blind to numerous red flags signaling accounting fraud."

By David S. Hilzenrath  | February 28, 2011; 5:37 PM ET  |  Permalink  |  Comments (0)
Categories:  SEC  
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Economic Agenda: Monday, Feb. 28, 2011

At 8:30 a.m. -- The Commerce Department plans to report on personal income and consumption spending for January. Forecasters expect that spending, after booming in the final months of 2010, continued its upward momentum in January, with an 0.4 percent...

By Washington Post Editors  | February 28, 2011; 6:33 AM ET  |  Permalink  |  Comments (0)
 
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