Manufacturing activity in the mid-Atlantic region showed modest improvement in October, according to the Federal Reserve Bank of Philadelphia, which saw its Business Outlook Survey rise to 1.0. However, despite that return to p…
New claims fell by 23,000 to 452,000 last week, but that’s offset somewhat by the prior week’s total being revised upward by 13,000. The numbers were a little better than expected, but still not enough to indicate a recovery g…
Initial jobless claims fell slightly more than expected last week.
Claims dropped 23,000 to 452,000 in the week ending Oct. 16, the Department of Labor said. The revised figure for the previous week was 475,000.
A Reuters poll of analysts forecast c…
British unemployment claims rose by the most in eight months in September as the economic recovery slowed.
Jobless benefits claims rose by 5,300 to 1.47 million, Bloomberg News reported.
Consumer confidence touched an 18-month low in September as the public readied for the coalition government’s spending cuts.
“Unemployment is still on a rising trend. The fall in consumer confidence…
Continue reading UK Unemployment Rises Most in Eight Months
UK Unemployment Rises Most in Eight Months originally appeared on DailyFinance on Wed, 13 Oct 2010 06:34:00.
The economy lost 95,000 jobs in September, because the private sector hired only 64,000 workers while governments cut 159,000. The jobless rate remains 9.6%. Minus the usual boosts from housing and consumers, the U.S. still lac…