New claims for unemployment insurance fell last week to 466,000, the lowest mark since September of 2008. Even as new claims start to slow down, the unemployment rate continues to nudge upwards. Many economists continue to believe that unemployment won’t turn around until the middle of next year. There were other encouraging signs of [...]
Continue reading...Thursday, October 8, 2009
After a Labor Department report that claims for jobless benefits fell more than expected last week, the stock market resumed its uphill climb. Also buoying the market was the news that the retail spending increased last month for the first time in over a year, and an unexpectedly strong profit showing from Alcoa. New claims [...]
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Wednesday, November 25, 2009
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