Fed: Recovery spreads but doesn't spur hiring - Spokane, North Idaho News & Weather KHQ.com

Fed: Recovery spreads but doesn't spur hiring

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  • Economy loses 85,000 jobs, unemployment rate steady

    Economy loses 85,000 jobs, unemployment rate steady

    WASHINGTON. - An economist says today's jobless report shows "Main Street doesn't believe there's a recovery yet.">>
    WASHINGTON. - An economist says today's jobless report shows "Main Street doesn't believe there's a recovery yet." Jonathan Basile says people aren't yet out looking for jobs. The Labor Department says the unemployment rate stayed at 10 percent, with a loss of 85,000 jobs last month. Analysts expected a drop of 8,000. The economy lost an average of nearly 700,000 jobs in the first three months of last year, compared with 69,000 in the fourth quarter.>>
  • Obama lays out initiative to relieve joblessness

    Obama lays out initiative to relieve joblessness

    WASHINGTON. - President Barack Obama says staggering job losses mean the country must continue to "spend our way out of this recession" with a round of new incentives for hiring.>>
    WASHINGTON. - President Barack Obama says staggering job losses mean the country must continue to "spend our way out of this recession" with a round of new incentives for hiring. Meanwhile, the CEOs of America's largest companies do not expect employment to significantly improve in the next six months.>>
  • Jobless claims fall, but hiring gains seem far off

    Jobless claims fall, but hiring gains seem far off

    WASHINGTON. - Although fewer people are claiming unemployment benefits, the number isn't yet low enough to signal that the economy is close to gaining jobs.>>
    WASHINGTON. - Although fewer people are claiming unemployment benefits, the number isn't yet low enough to signal that the economy is close to gaining jobs. Meanwhile, the federal deficit hit a record for October as the new budget year began where the old one ended, with the government awash in red ink. The Treasury Department says the deficit for October totaled $176.4 billion, even higher than the $150 billion imbalance that economists expected.>>

WASHINGTON. - The economic recovery is spreading to more parts of the country but has yet to spur companies to ramp up hiring.
     
A new Federal Reserve survey underscores the duality of the economic turnaround: even as the economy grows and the recovery extends its reach geographically, more than 15 million people remain unemployed.
     
The Fed says that although "economic activity remains at a low level, conditions have improved modestly further." However, the Fed also notes that "labor market conditions remained soft" in
most of the Fed's 12 regions as the new year started.

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  • Spokane cat is probably bigger than your dog

    Spokane cat is probably bigger than your dog

    Monday, May 22 2017 9:44 PM EDT2017-05-23 01:44:43 GMT

    KHQ.COM - An average house cat weighs between 7-10 pounds but one Spokane woman has a cat whose size is almost unheard of. Out of the corner of your eye, Ollie might be mistaken for a dog... he's that big! Not your normal house cat, Ollie is a Savannah cat, a hybrid breed that's a cross between a serval cat and a domestic cat. So while it's not surprising that he's bigger than a domestic cat, his size is still shocking.

    >>

    KHQ.COM - An average house cat weighs between 7-10 pounds but one Spokane woman has a cat whose size is almost unheard of. Out of the corner of your eye, Ollie might be mistaken for a dog... he's that big! Not your normal house cat, Ollie is a Savannah cat, a hybrid breed that's a cross between a serval cat and a domestic cat. So while it's not surprising that he's bigger than a domestic cat, his size is still shocking.

    >>
  • Searchers return to campsite where toddler went missing

    Searchers return to campsite where toddler went missing

    Sunday, May 21 2017 5:45 PM EDT2017-05-21 21:45:55 GMT

    BOISE, Idaho (AP) - Almost two years after a toddler disappeared during a camping trip with his family, investigators plan to return to the campsite to search for new evidence.  Lemhi County Sheriff Steve Penner told KTVB-TV last week that deputies will return to the campground outside of Leadore, Idaho once the weather improves.

    >>

    BOISE, Idaho (AP) - Almost two years after a toddler disappeared during a camping trip with his family, investigators plan to return to the campsite to search for new evidence.  Lemhi County Sheriff Steve Penner told KTVB-TV last week that deputies will return to the campground outside of Leadore, Idaho once the weather improves.

    >>
  • WATCH: Mom's video warning others of tick paralysis goes viral

    WATCH: Mom's video warning others of tick paralysis goes viral

    Sunday, May 21 2017 7:13 PM EDT2017-05-21 23:13:48 GMT

    LA GRANDE, Ore. - We've told you about tick paralysis before on KHQ, but one Oregon mother's scary video of her daughter showing the effects of tick paralysis has gone viral on Facebook since it was first posted last week.

    >>

    LA GRANDE, Ore. - We've told you about tick paralysis before on KHQ, but one Oregon mother's scary video of her daughter showing the effects of tick paralysis has gone viral on Facebook since it was first posted last week.

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