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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  • Two injured in Montana after swerving to avoid a kangaroo -- Really

    Two injured in Montana after swerving to avoid a kangaroo -- Really

    Thursday, June 21 2018 12:46 PM EDT2018-06-21 16:46:44 GMT
    File photo of a kangarooFile photo of a kangaroo

    DODSON, Mont. - Two people were injured in Montana Wednesday morning after swerving to avoid a kangaroo on the road.  Trooper Matt Finley with the Montana Highway Patrol said he thought it was a joke when he responded to the call, but when he arrived at about 4 a.m. he saw the kangaroo.  Trooper Finley said he learned there is a kangaroo farm west of Dodson. 

    >>

    DODSON, Mont. - Two people were injured in Montana Wednesday morning after swerving to avoid a kangaroo on the road.  Trooper Matt Finley with the Montana Highway Patrol said he thought it was a joke when he responded to the call, but when he arrived at about 4 a.m. he saw the kangaroo.  Trooper Finley said he learned there is a kangaroo farm west of Dodson. 

    >>
  • Puyallup woman pleads guilty to defrauding $290K from Costco

    Puyallup woman pleads guilty to defrauding $290K from Costco

    Thursday, June 21 2018 12:56 AM EDT2018-06-21 04:56:03 GMT
    Puyallup woman pleads guilty to defrauding $290K from CostcoPuyallup woman pleads guilty to defrauding $290K from Costco
    Federal officials say further testing was unable to confirm the presence of E. coli in the onions and celery used to make chicken salad at Costco warehouses across the country.Federal officials say further testing was unable to confirm the presence of E. coli in the onions and celery used to make chicken salad at Costco warehouses across the country.

    TACOMA, Wash. (AP) - A Washington state woman has pleaded guilty to stealing nearly $290,000 from a Costco warehouse over five years. The News Tribune reports 54-year-old Robin Cline pleaded guilty Wednesday in federal court in Tacoma to charges of wire fraud.  Cline of Puyallup worked at Costco in Fife from 1996 to 2016 as an accounts receivable clerk. She was responsible for processing payments and refunds for customers of the warehouse club operator. Accordi...

    >>

    TACOMA, Wash. (AP) - A Washington state woman has pleaded guilty to stealing nearly $290,000 from a Costco warehouse over five years. The News Tribune reports 54-year-old Robin Cline pleaded guilty Wednesday in federal court in Tacoma to charges of wire fraud.  Cline of Puyallup worked at Costco in Fife from 1996 to 2016 as an accounts receivable clerk. She was responsible for processing payments and refunds for customers of the warehouse club operator. Accordi...

    >>
  • Spokane business owner fed up with feces, unwanted surprise at work

    Spokane business owner fed up with feces, unwanted surprise at work

    Thursday, June 21 2018 2:32 AM EDT2018-06-21 06:32:06 GMT

    A Spokane business owner says enough is enough after finding human feces in front of her doorstep three days in a row. The incidences happened at Neat Old Stuff located at 3rd and Bernard. The shop's owner, CP Phare, has been in the same location for the last decade and says suspicious activity has ramped up in the last year, but nothing like what's been happening over the last few days. "There's like surprise packages usually two-to-three times a week," 

    >>

    A Spokane business owner says enough is enough after finding human feces in front of her doorstep three days in a row. The incidences happened at Neat Old Stuff located at 3rd and Bernard. The shop's owner, CP Phare, has been in the same location for the last decade and says suspicious activity has ramped up in the last year, but nothing like what's been happening over the last few days. "There's like surprise packages usually two-to-three times a week," 

    >>
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