Posts tagged "stock market"

No New Jobs? Latest U.S. Jobs Report Shows Zero Gain

No New Jobs? Latest U.S. Jobs Report Shows Zero Gain
Just when you think things are getting better in this economy and the stock market “takes off” as we accumulate a few months of triple digits job growth, it stalls!  That’s exactly what happened last month with the latest number of jobs created netting zero!  The number of people unemployed remains at 14 million or... Read more »

Is Our Economy Improving?

Is Our Economy Improving?
This is the question that most Americans are asking themselves?  Is our economy improving?  Are we headed in the right direction as a nation or are we floundering and headed toward a double-dip recession?  Even the economists can’t agree on what is actually happening here in the U.S.and the world economy. When the stock market... Read more »

S & P Rating Sends U.S. Stock Market into a Downward Spiral

S & P Rating Sends U.S. Stock Market into a Downward Spiral
The S & P agency that downgraded the U.S.from the top AAA rating to an AA+ rating after what was a “bloody” day on the stock market last Friday, proved to continue to cause the deepest drop in theU.S.stock market since the 2008 financial crisis! When I heard the news of the lower rating over... Read more »
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Is the "Great Recession" Over? Latest Employment News

Is the "Great Recession" Over? Latest Employment News
The latest economic news shows signs of improvement with the stock market making a strong comeback, retail sales improving and the jobless claims the lowest in two years.  Does this signal that the U.S. is really out of the Great Recession and on its way to a dramatic recovery?  Officially this recession was over in... Read more »

Weekly Unemployment Claims Surprise Analysts: Stock Market Soars

One constant you can bank on in this economy is change!  The jobless claims for the week ending 2/26 came in at 368,000 which surprised analysts who expected the number to be at 398,000.  This number was also down 20,000 from the prior week’s revised figure of 388,000.  The four-week moving average is 388,500, a... Read more »

Inflation Rises As Jobless Claims Increase: The Recession Continues

Corporations are making money, the stock market is well over 12,000 as investors cash in on their earnings, but inflation is starting to rise as costs for energy and food drove the latest number to an increase of .4%, making it the largest gain in inflation since October, 2009.  Our national debt is beginning to... Read more »
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Good-bye 2010: A Historic Year

Unemployment is at record levels as job seekers continue looking for work.  Housing prices are down 30% of their value since 2008.  Govenment programs continue to increase the U.S. debt to record levels.  This is the story of 2010.   There are signs that our economy is slowly recovering.  The stock market rose 6% in... Read more »

Increase in Jobs Report Surprise Analysts: Are Their Really More Jobs Out there?

Increase in Jobs Report Surprise Analysts: Are Their Really More Jobs Out there?
Increase in temporary employees Employers added a net of 151,000 jobs last month in October with the private sector job creation at its highest level since April.  This was a sharp contrast from the September report that showed a loss of 41,000 jobs.  So, is our economy actually getting better or is this a fluke?... Read more »

Increase in Jobless Claims Surprise Analysts: U.S. pumps more money into the market

Increase in Jobless Claims Surprise Analysts: U.S. pumps more money into the market
The weekly jobless claims for unemployment benefits increased to 457,000, up 20,000 from the week prior.  This surprised business analysts that predicted the number would stay below 450,000 which is the barometer for the job market as to whether our economy is adding enough jobs to pull the U.S. out of the deepest recession since... Read more »
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Good News for Weekly Unemployment Claims: Stocks Still Struggle

Good News for Weekly Unemployment Claims: Stocks Still Struggle
National weekly unemployment claims for the week ending, October 23rd surprised financial analysts today by dropping 21,000 and bringing the total unemployment claims to 434,000.  Experts say that anything under 450,000 is a sign that our economy is recovering.   With recent data showing cities like Chicago at a 35% increase in foreclosures and Seattle... Read more »