WASHINGTON, July 21 -- U.S. labor market has shown modest improvement in the first half of 2010, but the pace of hiring to date has not been sufficient to bring about a significant reduction in the unemployment rate, the Federal Reserve said on Wednesday.On average, private-sector employment rose 100,000 per month over the first half of 2010, with increases across a wide range of industries, (...)
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WASHINGTON, July 21 -- U.S. labor market has shown modest improvement in the first half of 2010, but the pace of hiring to date has not been sufficient to bring about a significant reduction in the unemployment rate, the Federal Reserve said on Wednesday.On average, private-sector employment rose 100,000 per month over the first half of 2010, with increases across a wide range of industries, (...)