All Posts Tagged With: "labor department"
Investors should stop worrying about the jobs data
Historically, stocks have surged following gloomy reports
On Friday, the Labor Department released its employment report for December. You’re no doubt already aware of the…
U.S. Companies “Throw in the Towel”- Pushing Jobless Claims to a 26-Year High
The number of Americans filing new claims for jobless benefits rocketed to a 26-year high last week, surpassing already gloomy forecasts, as the U.S. economy…
12Dec2008 | Money Morning | 0 comments | Continued4 new reports reveal battered economy
By MARTIN CRUTSINGER
AP Economics Writer
(AP:WASHINGTON) The government released a quartet of reports Wednesday that paint a bleak picture of the nation’s economy: Jobless claims remain at…
26Nov2008 | INO | 0 comments | ContinuedSoaring PPI Coupled with Plunging Housing Starts Spotlights Struggling U.S. Economy
U.S. companies were hit with the largest annual jump in wholesale prices in 27 years during July, while housing starts dropped to their lowest level…
20Aug2008 | Money Morning | Comments Off | Continued
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