Initial jobless claims rose more than expected last week.
Claims increased to 26,000 to 436,000 in the week ending Nov. 27, The Department of Labor said. The revised average for the previous week was 410,000.
A survey of economist by Reuters foreca…
Initial jobless claims dropped by 34,000 to 407,000, much lower than expected. The numbers suggest that the labor market is slowly improving, and nearing the point of reversing the negative trend driven by the deep recession.
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For the first time ever, federal regulators are asking a judge for an injunction ordering a U.S. mine to close until safety hazards are fixed. That mine is Massey Energy’s Freedom Energy No. 1 in Kentucky. Among the provisions …
In another setback on employment, initial jobless claims jumped a larger than anticipated 20,000 to 457,000, the Labor Department announced Thursday. Economists had predicted initial jobless claims would total 443,000.
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Even as overall costs for consumer goods rose 0.1% in September, prices for used cars fell 0.7%. It was the first such drop since just before the federal government’s “cash for clunkers” rebate program began in July 2009.
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