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New jobless claims rise more than expectedWASHINGTON (AP) -- The number of newly laid-off workers filing claims for jobless benefits rose more than expected last week. Since the passing of the stimulus, 49 of 50 states have lost jobs and the numbers are devastating. ... |
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Housing Starts Rise in U.S.Housing starts rose 1.5% in August as apartment construction rebounded and offset a decline in single-family homes. Jobless claims fell a bit in the latest week. ... |
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New Jobless Claims Hit Lowest Level Since JulyThe number of newly laid-off workers seeking unemployment benefits fell last week to the lowest level since early July, evidence that job cuts are slowing. The Labor Department said Thursday that initial claims for unemployment insurance dropped to a seasonally adjusted 545,000 from an upwardly r... |
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How about those jobless claims?THEY'RE still high. News outlets may trumpet that they feel by more than expected, to 545,000, but the numbers continue to be where they've been, more or less, since the beginning of July. That's nearly three months with no significant improvement. As usual, Calculated Risk has the helpful chart:... |
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New jobless claims drop unexpectedlyThe number of newly laid-off workers seeking unemployment benefits fell last week to the lowest level since early July, evidence that job cuts are slowing. ... |
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Consumer Woes to Continue as Confidence Slumps and Incomes StagnateWith unemployment hovering at 9.4% consumers continued to show reluctance in July as incomes stagnated. Furthermore, with the jobless rate expected to exceed 10% later this year, consumer confidence fell in August, keeping hopes of a sustained economic recovery at bay. Purchases rose 0.2% in July, ... |
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