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More Americans seek jobless aid, but healing labor market seen ...
The number of Americans filing new claims for jobless benefits edged higher last ... fell close to a four-year low, pointing to healing in the still-struggling labor market. ... of the housing market's weakness despite some recent signs of recovery. .... third quarter, but the momentum is unlikely to be sustained as the nation braces.
U.S. Reports Job Growth Lagged in Private Sector
The train that is the nations economic recovery has slowed noticeably, unable to generate enough jobs in the last two months to keep pace with population growth, much less reduce the vast numbers of unemployed Americans. The United States added just 83,000 private sector jobs in June, according to the monthly statistical snapshot released by the - By MICHAEL POWELL; Peter Baker contributed reporting.
Index of Leading Indicators Increases for a Fourth Month
An index of leading economic indicators in the United States rose for a fourth consecutive month as the labor market improved and manufacturing strengthened, pointing to faster economic growth. The Conference Board said yesterday that its index for January rose 1.1 percent, the biggest gain since June, after Decembers revised 0.3 percent increase.
Worse Than Expected Jobless Claims Point Toward Jobless ...
Oct 29, 2009 ... The number of people claiming jobless benefits for the first time dropped less ... that the labor market remains weak even as the economy is recovering. .... Momentum Wrap - Bank Stocks Hit New Annual Highs - StockTwits 50 ...
JOBLESS CLAIMS POINT TO LABOR RECOVERY MOMENTUM – Reuters ...
Jobless claims point to labor recovery momentum – Reuters. Jobless claims point to labor recovery momentum – Reuters · ← Jobless claims point to labor recovery momentum · Arguing Over Proper Scope of Government →. Comments are ...
JOBLESS CLAIMS POINT TO LABOR RECOVERY MOMENTUM | Latest News
Job seekers stand in line to meet prospective employers at a career fair in New York WASHINGTON (Reuters) – New jobless claims fell sharply last week to a near four-year low and retail sales rebounded in November, ...
Consumer Confidence Slipped in December
Consumer confidence in the United States unexpectedly deteriorated in December, while prices of single-family homes fell at almost double the expected pace in October, tempering growing optimism on the economys recovery. The latest data was at odds with other signs suggesting the recovery was accelerating. The Conference Board, an industry group, - By REUTERS
JOBLESS CLAIMS POINT TO LABOR RECOVERY MOMENTUM | Money
Jobless claims point to labor recovery momentum. WASHINGTON (Reuters) – New jobless claims fell sharply last week to a near four-year low and retail sales rebounded in November, hopeful signs for an economy that ...
U.S. jobless claims point to steady labor market | Business ...
Oct 5, 2012 ... U.S. jobless claims point to steady labor market ... straight month, which should calm fears of a rapid loss of momentum in factory activity. ... Manufacturing has carried the U.S. economic recovery and while activity has cooled ...
Main - Business - US jobless claims point to steady labour market ...
Oct 5, 2012 ... US jobless claims point to steady labour market ... month, which should calm fears of a rapid loss of momentum in factory activity. ... It hopes the purchases will drive down long-term borrowing costs and spur the recovery.
JOBLESS CLAIMS POINT TO LABOR RECOVERY MOMENTUM – Reuters
Economic Times Jobless claims point to labor recovery momentum Reuters By Jason Lange. WASHINGTON | Thu Dec 13, 2012 10:28am EST. WASHINGTON (Reuters) – New jobless claims fell sharply last week to a near ...
THE MARKETS: STOCKS & BONDS; Profit-Taking Pushes Markets Lower; Dow Falls 81 Points
Wall Street pulled back in late-day selling yesterday after investors, still worrying that the markets advance may have come too fast, decided to collect profits. The Dow Jones industrials climbed as much as 87 points early in the day after the government reported a surprising drop in jobless claims, but then lost momentum and turned lower in the - Wall Street pulls back in late-day selling; Dow Jones industrial average closes down 81.73 points, at 9,112.51; Nasdaq composite index declines 17.76, to 1,701.42; Standard & Poors 500-stock index falls 7.01 points, to 981.60; graph shows movement in Dow Jones industrial average; Treasury bond prices fall; price of 10-year note falls 15/32, to 95 22/32; yield rises to 4.17 percent; 30-year bond drops 23/32, to 104 7/32; yields climbs to 5.10 percent (M)
JOBLESS CLAIMS POINT TO LABOR RECOVERY MOMENTUM - awnews.tk
WASHINGTON (Reuters) – New jobless claims fell sharply last week to a near four-year low and retail sales rebounded in November, hopeful signs for an economy that appears to have slowed sharply in the fourth quarter.
US jobless claims point to steady labour market - RTÉ News
Oct 4, 2012 ... The number of Americans filing new claims for unemployment benefits rose only ... US jobless claims point to steady labour market ... straight month, which should calm fears of a rapid loss of momentum in factory activity. ... Manufacturing has carried the economic recovery and while activity has cooled ...
Jobless claims point to steady labor market - Chicago Tribune
Oct 4, 2012 ... Weekly jobless claims rise 4000 * Planned layoffs at U.S. firms rise 4.9 percent inSeptember * Factory orders tumble in August on aircraft, ... Jobless claims point to steady labor market ... calm fears of a rapid loss of momentum in factory activity . ... Manufacturing has carried the economic recovery and while ...
Jobless Claims Drop, but 3rd-Quarter Growth Is Revised Down
WASHINGTON (Reuters) -- New claims for unemployment benefits dropped last week to the lowest level in more than three and a half years, suggesting that the labor market recovery was gaining speed. Initial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 364,000, the Labor Department said on Thursday. That was the lowest - Labor Department reports that initial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 364,000, lowest number since April 2008; Commerce Department reports in final estimate that gross domestic product grew at a 1.8 percent annual rate in the July-September quarter, down from the previously estimated 2 percent. Charts, Photo (M) - By REUTERS
JOBLESS CLAIMS POINT TO LABOR RECOVERY MOMENTUM - Reuters ...
TIMEJobless claims point to labor recovery momentumReutersBy Jason Lange. WASHINGTON | Thu Dec 13, 2012 10:28am EST. WASHINGTON (Reuters) - New jobless claims fell sharply last week to a near four-year low ...
How can any sane person read this and say the recession is over, things are better?
New US jobless claims fell to 550,000 in the past week, the government reported Thursday in a sign of further healing in the critical labor market.
The seasonally adjusted number of claims fell by 26,000 in the week to September 5, the Labor Department reported.
The figure for weekly claims was better than analyst expectations for 560,000.
The four-week moving average, which smooths out week-to-week volatility, was 570,000, a decrease of 2,750 from the previous weeks revised figure.
The insured unemployment rate was 4.6 percent for the week ending August 29, a decrease of 0.1 percentage point from the prior week as the number of people receiving jobless benefits fell by 159,000 to 6,088,000.
The weekly report offers one of the most up-to-date snapshots of the job market, critical to economic momentum. The monthly report for August showed unemployment hitting a 26-year high of 9.7 percent with 216,000 jobs lost.
Answer: Like the 1930's, while the market recovered, it was a jobless recovery due to excessive government spending and taxation.
So, while our 401k's might look good, it doesn't mean there will be any decrease in unemployment for years. Government borrowing (so they can spend in excess of revenues) crowds out private borrowing for businesses and investors. The proposed taxes (cap & trade, etc) will take even more money out of the economy that could have been used to expand business or invest. So, like the 1930's, there will be a jobless recovery.
But without a World War, when will this one end?
Category: Civic Participation
JOBLESS CLAIMS POINT TO LABOR RECOVERY MOMENTUM - bmi investment ltd.
Jobless claims indicate to labor liberation momentum. By Jason Lange. WASHINGTON | Thu Dec 13, 2012 10:28am EST. WASHINGTON (Reuters) – New jobless claims fell neatly final week to a nearby four-year low and sell sales rebounded ...
U.S. jobless claims point to steady labor market | Reuters
Oct 4, 2012 ... Initial claims for state unemployment benefits climbed 4,000 last week to a seasonally adjusted 367,000, the Labor Department. But that ...
STOCKS AND BONDS; After the G.D.P. Report, Wall Street Settles Down
Investors took a disappointing report on the nations gross domestic product in stride, leaving the indexes nearly unchanged on Friday. Shares stayed within a narrow range after opening lower on the latest reading on the economy. The report said that the economy grew at an annual pace of 2.4 percent in the second quarter. Many analysts had expected - By SUSANNA G. KIM
THE MARKETS: STOCKS & BONDS; Investors Seek Signs Of Stronger Economy
An unexpected rise in jobless claims unnerved Wall Street yesterday, sending stocks sharply lower on worries that the markets recent rally might have come too far, too fast. Earnings at Yahoo, which met, but did not beat, analysts estimates also disappointed investors. Yahoo didnt deliver significant upside and its a huge momentum name, so - Dow Jones industrial average falls 120.17 points, to 9,036.04; Nasdaq composite index declines 31.60 points, to 1,715.86; Standard & Poors 500-stock index drops 13.51 points, to 988.70; graphs; charts (M)
Economy Ended 11 With More Energy Than Expected
WASHINGTON (Reuters) -- New orders for manufactured goods rose in December and a gauge of future business investment rebounded, showing the economy ended the year with more momentum than previously thought. Other reports on Thursday showed new claims for jobless benefits rose moderately last week, suggesting the labor market was healing only - Commerce Department reports that orders for durable goods climbed 3 percent in December 2011, as the Conference Board index of future business investment rose to a five-month high; trends suggest that American companies may now be more willing to invest the $2 trillion in cash they have amassed during recent years. Graphs (M)0 - By REUTERS
Little Momentum in Two Critical Gauges of Economic Recovery
As analysts try to gauge the pace of the economic recovery, they inevitably take the pulse of the housing and job markets. And despite some upbeat trends like stronger retail sales and new reports that showed increases in personal spending, sales of new homes remained at historically low levels last month and the job market showed little sign of - By CHRISTINE HAUSER
Are Unemployment Insurance Claims Indicating that We're at a ...
Jul 22, 2012 ... A tipping point refers to a point in time when a certain critical mass is ... at a critical juncture of the labor market – either the momentum will move ... Well, overall initial and continuing unemployment claims came in ... labor market, albeit at a very slow recovery pace when compared to past deep recessions.
JOBLESS CLAIMS POINT TO LABOR RECOVERY MOMENTUM - Landing News ...
Jobless claims point to labor recovery momentum WASHINGTON (Reuters) – New jobless claims fell sharply last week to a near four-year low and retail sales rebounded in November, hopeful signs for an economy that ...
Attack Gave a Devastating Shove To the Citys Teetering Economy
No one who has seen the physical destruction in Lower Manhattan can doubt that the attack on the World Trade Center caused deep and lasting economic wounds as well. It devastated both big companies and small businesses in and around the twin towers. It brought business across the city to a halt for days, weeks and in some cases months, slashing - Sept 11 terrorist attacks inflicted deep and lasting wounds on New York Citys already-teetering economy; devastated both big companies and small businesses in and around twin towers; brought business across city to halt for days, weeks and in some cases months, slashing workers earnings and tax revenues alike; made many employers determined to spread their workers over wider swath of geography, which has ominous implications for Manhattan; photo (M) - By LESLIE EATON
How do you feel about the church giving an illegal alien woman and her kids shelter from the authorities?
Woman facing deportation remains at Simi church
A 31-year-old woman from Oxnard named Liliana, accused of falsely claiming to be a U.S. citizen during a failed attempt to enter the country a decade ago, remains on church property 730 days after she arrived with her then-5-month-old son. She stayed there when her uncle died and when her father was in the hospital with prostate cancer, fearful leaving even for a few hours could mean deportation.
As they have from the beginning, immigration authorities say only that they have the right to arrest lawbreakers at what they call appropriate times and places. They have made no visible effort to contact Liliana.
Her children have written letters to President Barack Obama. Her lawyers hold out hope they have found a way to allow her to return home to Oxnard, maybe within months. But legal experts say there’s no way to know how long the stalemate will continue.
“They could ignore her for the rest of her life,” said USC law professor Niels Frenzen, who expects the government will eventually act.
She calls herself Liliana Santuario, using the Spanish word for sanctuary and refusing to use her real name. She lives behind United Church of Christ in a parsonage decorated with her wedding photo, a flag that displays Our Lady of Guadalupe amid Mexico’s colors and knickknacks featuring Hannah Montana.
Inside the front door, on the other side of a welcome sign, hangs a note with the phone number of a lawyer to call in case a visitor refuses to provide identification. That has happened.
But the threats of citizen arrests, angry rallies on Sunday mornings and a battle with the city over the costs of security at the protests faded long ago. Ask people once involved about Liliana now and they’re surprised she’s still there.
“I’ve basically lost track. I guess at this point we don’t care,” said Simi Valley Mayor Paul Miller, who once traveled to Washington, D.C., to ask federal officials to expedite Liliana’s case and minimize the security risk posed to the city. “We can’t get the feds to do anything. As far as I’m concerned, it’s a nonissue.”
Protesters said the same thing. “Is that chick still there?” asked a former leader of the Save Our State group who asked that his name not be used. He once organized the rallies demanding Liliana’s deportation.
No visible options
She lives in the sanctuary with her three children, ages 2, 6 and 9, all born in the United States. They come and go for soccer games and miniature golf outings. Her husband, Gerardo, is a naturalized citizen who works for a tool company, lives in Oxnard but spends much time at the parsonage.
http://www.venturacountystar.com/news/2009/aug/23/woman-facing-deportation-remains-at-simi-church/?partner=yahoo_headlines
Answer: I just do not see how this Church can look anybody in the eye and give them a recipe for life .. Why is it these days Churches veer away from the Bible and now just pick and select what laws they like vs dislike. Why are the Churches not offering these services into other areas ? Example a tax dodger could obtain sanctuary in the Church instead of going to jail. These illegals need to realize this country is broke..President Barack Obama's domestic policy proposals will face the reality of skyrocketing deficits on Tuesday when officials release two government reports projecting huge budget shortfalls over the next decade
http://www.reuters.com/article/politicsNews/idUSTRE57M0WV20090823
We also are losing jobs -WASHINGTON — New claims for US unemployment benefits rose unexpectedly for the second consecutive week, the government said Thursday, raising concerns that soaring jobless numbers could stifle recovery from prolonged recession.
The Labor Department said that initial jobless claims increased by 15,000 to 576,000 in the week to August 15, which happens to be the survey week for the monthly non-farm payrolls report, seen as one of the best indicators of economic momentum.
Most analysts had expected initial claims to fall to 550,000 in the past week — the previous week’s revised figure was 561,000 — amid increasing signs that the recession since December 2007 was easing.
The four-week moving average, which smooths out week-to-week volatility, was 570,000, an increase of 4,250 from the previous week’s revised average of 565,750, the department said.
Category: Immigration
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