What the Rising Stock Market Doesn’t Say About Jobs

If the stock market reflected the entire economy, happy days would surely be here again. But, alas, it reflects just the profit potential of public companies. And for millions of unemployed Americans, that’s proving to be no he…

Jobless Claims Fall More Than Expected

Initial jobless claims fell more than expected last week.

Claims dropped 17,000 to 421,000 in the week ending Dec. 4, the Department of Labor said. The revised figure for the previous week was 438,000.

A survey of analysts by Reuters forecast claims…

New Jobless Claims Suffer a Thanksgiving Setback

Initial jobless claims rose 26,000 to 436,000 in the latest week, but Labor Department officials caution that the report contains a seasonal adjustment associated with the Thanksgiving Day holiday. The more-telling four week av…