August’s better-than-expected, 0.3% increase in the Leading Economic Index can be interpreted two ways, depending on whether you view the glass as-half-empty or half-full.
The pessimist would say it provides further evidence that the U.S. economy is …
Last month, 27 states lost jobs, while 10 states and Washington, D.C., had no rate change from July, according to the report. Overall unemployment was down slightly from the 9.7% rate in August 2009, the BLS said.
…
For married couples of opposite genders, the downturn’s inordinate impact on men has resulted in an increasing number of wives becoming the primary breadwinner. Surprisingly, many men don’t mind at all.
Continu…
The recent stream of modestly positive economic news means the Fed probably won’t take any further action to stimulate the economy at its upcoming meeting. But nobody is calling the economy healthy yet.
Continu…
Initial jobless claims fell to a two-month low of 450,000, confounding analyst expectations.
Jobless claims dipped 3,000 in the week ending Sept. 11, the Department of Labor said. The revised figure for the previous week was 453,000.
Analysts polled by Reuters forecast claims rising to 460,000.
“The labor market is slowly getting back on track,” Ryan Sweet, a senior economist at…
Continue reading Jobless Claims Fall to Two-Month Low
Jobless Claims Fall to Two-Month Low originally appeared on DailyFinance on Thu, 16 Sep 2010 08:37:00.