Posts tagged "stocks"

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 »

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 »

Stocks Soar: Better Than Expected Jobs Report

Stocks Soar: Better Than Expected Jobs Report
Christina Romer, CEA Chair The financial markets liked the August jobs report today that showed that 67,000 jobs were added to the private sector adding to now eight months of growth in this sector. Unemployment is at 9.6 % with average earnings up.3%.  The Dow is likely to have a 4% gain over the past... Read more »
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