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DC unemployment rate is lowest in 5 years

Unemployment in the District of Columbia has fallen to its lowest rate since December 2008.

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U.S. benefits from trade deals — never mind the protectionists’ hype

(John Moore / Getty Images)

U.S. benefits from free trade — never mind the hype.

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News Summary: UK unemployment rate nears 7 percent

LOWER UNEMPLOYMENT: Britain’s unemployment rate dropped 0.5 percent to 7.1 percent in the three months ended Nov. 30, a shade above the 7 percent level at which the Bank of England may reassess its monetary policy.

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German unemployment up in Jan for seasonal factors

Germany’s unemployment rate rose to 7.3 percent in January, mainly due to seasonal factors, with about a quarter million more people out of work compared with December.

 

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