Page 59 - Construction Sector News Today

how about you? >> oh, im a bears fan. >> shes a chicago boy. ill give you the highlights. >> there you go. >> okay, drew. >> thanks a lot. drew griffin here in studio 7 for suzanne malveaux, whos over in afghanistan. lets get you up to speed. new numbers out today provide more evidence of a very weak job market. the number of americans filing first-time claims rose. it was up to 414,000 last week. why is that important? economists say the number needs to fall below 400,000 to reduce th...

The preparations there. lets take a look. >> last quarter 2010 was blamed on the winter con -- conditions. we clawed our way back to the same position we were in in autumn. so the economy hasnt grown, but it hasnt shrinking. how the markets react to that we will have to see later today. and you have already highlighted a couple of positives, manufacturing services up and construction has taken a big hit. a loss of 4.7%. lets talk now to michael sawn dwers-- sawn ders and he is the head of citigr...

Lets take a quick look at markets here. we are seeing the dow jones, the markets down by seven points at this moment. this comes on the same time that economists describe the january jobs report out today as being disappointing. the economy added just 36,000 jobs. thats a lot fewer than expected. but the unemployment rate fell to 9%. its down from 9.4% the month before. some of the biggest job losses were in the construction sector. it was hit hard by, as you can imagine, severe winter weather i...

Manufacturing jobs created in the last three months, 21,000 just in the last month alone in part because of exports. construction, for the first time since june of 2007, nearly three years, the construction sector added jobs, 15,000 jobs last month, and were seeing a lot of jobs created in temporary employment agencies, you know, the temps. 300,000 jobs since september, 40,000 just in march. those jobs are typically, you know, if companies are cautious, theyll hire a temp. if business conditions...

By a stunning seventy two percent. south africas economy is also stuttering that countrys currency the rand has lost a full thirty percent against the dollar south africa is now considered as being in recession following two quarters of falling g.d.p. . india is also not fairing too well right now the rupee has lost ten percent against the dollar since march this year but argentinas been the worst hit so far austerity measures have unleashed wave upon wave of anti-government demonstrations the u...

Since last year the biggest one day strike two weeks ago affected some fifty five thousand passengers. whether its a bridge over the boss person istanbul subway system or an imposing mosque turkeys president. is known for his big ambitions the countrys construction sector has traditionally been an engine of economic growth but recent events have put the brakes on turkeys economy turkish banks and companies have accumulated four hundred seventy billion dollars of foreign debt and as the lira plum...

Years turkeys construction sector was a major economic driver the government ensured cheap loans were available and commissioned huge infrastructure projects. but now the turkey finds itself amid an economic crisis the building sector is teetering on the brink of collapse and see an upside is not the only one. this is her old neighborhood the authorities want to demolish areas like these which were once built by labor migrants from eastern anatolia. they claim these dwellings would not withstand...

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Helping us it came up with the idea of resettling people in new neighborhoods to mits so they should be getting us new homes because of this image. for many years turkeys construction sector was a major economic driver the government ensured cheap loans were available and commissioned huge infrastructure projects. but now that turkey finds itself amid an economic crisis the building sector is teetering on the brink of collapse and zainab site is not the only one. this is her old neighborhood the...

Over tyrants threatens to explode into a full blown trade war. and fears about the effects tariff spats are weighing on the german economy economy as well the new research group has downgraded its growth. as for this year from two point six to one point eight percent it follows similar readjustments by other bodies including the german government other sources of concern include a shortage of skilled workers here and italys debt crisis my colleague monica jones asked for president clintons food ...