Tag: Economic growth

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Business

US businesses boost hiring despite the shutdown

In this May 30, 2013, photo, job seekers line up to talk to recruiters during a job fair held in Atlanta. (AP Photo/John Amis, file) by Christopher RugaberAP Economics Writer WASHINGTON (AP) — The U.S. economy may be sturdier than many had assumed. Employers added a surprisingly strong 204,000 jobs in October despite the 16-day government shutdown, the Labor Department said Friday. And they did a lot more hiring in August and September than previously thought.

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Business

Teshome gives business forecast to Chamber

PREDICTIONS—PNC VP and Market Analyst Mekael Teshome tells the African American Chamber of Commerce’s PowerBreakfast audience that he sees modest but positive economic growth ahead. (Photo by Christian Morrow) As an economist and assistant vice president at PNC, Mekael Teshome’s specialty is risk analysis. So it wasn’t unexpected that the economic forecast for the coming year he presented at the African American Chamber of Commerce’s October 18 PowerBreakfast was relatively conservative, but positive.