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July 23, 2008 5:03:50 PM CDT


Stories related to: jobless claims

Stories

9 Stories

  • June 2008
    • House Votes to Extend Jobless Benefits

      House Votes to Extend Jobless Benefits

      The House today approved an extra three months of jobless benefits for all unemployed Americans, knowing the plan's chances are slight in the Senate. After failing to get a veto-proof two-thirds margin by three votes yesterday, Democrats got an exact two-thirds margin with a 274-137 vote—the amount needed to overcome a threatened presidential veto. More »

      Tags

      House of Representatives   economy   unemployment benefits   jobless claims   Bush veto

    • Jobless Rate Posts Biggest Jump in 22 Years

      Jobless Rate Posts Biggest Jump in 22 Years

      Unemployment saw its biggest leap in two decades in May, spiking from 5.0% to 5.5%, as companies scale back their workforces in the face of recession, Bloomberg reports. Analysts had expected a more modest climb, to 5.1%; unemployment hasn’t been this high since October 2004. Payrolls also fell by 49,000. More »

      Tags

      Ben Bernanke   economy   unemployment   economic indicators   jobless claims   payrolls

    • Street Rallies on Retail, Jobs

      Street Rallies on Retail, Jobs

      The markets rebounded from a 3-day losing streak today as retailers posted strong sales and weekly claims for jobless benefits fell, the Wall Street Journal reports. The Dow climbed 213.97, closing at 12,604.45, and the Nasdaq gained 46.80 to settle at 2,549.94. The S&P 500 added 26.85 to finish at 1,404.05. More »

      Tags

      S&P 500   Nasdaq   Dow Jones Industrial Average   Wal-Mart   retail   Commerce Department   Costco   jobless claims   BJ's Wholesale Club

  • May 2008
    • Jobs Rally Fizzles; Stocks Mixed

      Jobs Rally Fizzles; Stocks Mixed

      The markets ended mixed today as a rally spurred by news of fewer April job losses than expected and the Fed's bank-liquidity expansion died down before the closing bell, MarketWatch reports. The Dow rose 48.20, closing at 13,058.20, and the S&P 500 gained 4.56 to end at 1,413.90. The Nasdaq fell 3.72, closing at 2,476.99. More »

      Tags

      Federal Reserve   S&P 500   Nasdaq   Dow Jones Industrial Average   jobless claims   rally   monetary policy

  • April 2008
    • Merrill's Strength Leads Rally

      Merrill's Strength Leads Rally

      Stocks rallied to solid gains today as good news from Merrill Lynch and better-than-expected jobless claims data overshadowed poor housing and durable-goods news, MarketWatch reports. The Dow gained 85.73 to close at 12,848.95, while the Nasdaq rose 23.71 to 2,428.92. The S&P 500 gained 8.89, ending at 1,388.82. More »

      Tags

      S&P 500   Nasdaq   Dow Jones Industrial Average   Merrill Lynch   financial stocks   jobless claims   durable goods

    • Stocks Post Small Gains Again

      Stocks Post Small Gains Again

      The markets finished with modest gains for the second consecutive session today. Investors, still digesting yesterday's testimony by Fed chief Ben Bernanke, shook off bad news on employment and got a lift from the tech sector. The Dow gained 20.20 points to finish at 12,626.03, the Nasdaq closed up 1.90 to 2,363.30, and the S&P 500 gained 1.78 to finish at 1,369.30. More »

      Tags

      stock market   S&P 500   Nasdaq   Dow Jones Industrial Average   jobless claims

    • Jobless Claims Hit 2-Year High

      Jobless Claims Hit 2-Year High

      New unemployment claims increased to a two-year high last week, the Wall Street Journal reports. A total of 407,000 Americans filed for jobless benefits, an increase of 38,000 over the previous week and the most since 2005. The surge in claims far surpassed the outlook of economists in a Dow Jones Newswire survey; they predicted an increase of 4,000. More »

      Tags

      recession   unemployment   layoffs   economic growth   unemployment benefits   jobless claims

  • December 2007
    • Durable Goods Numbers Disappoint; Businesses Fret

      Durable Goods Numbers Disappoint; Businesses Fret

      Durable good sales rose just 0.1% in November, a lower-than-expected bump after October’s 0.4% drop, Bloomberg reports. Analysts had forecast a 3% rise. Take out transportation, including stellar airline sales, and sales fell 0.7%.  It’s another sign the economy is slowing down and businesses are being cautious, economists said. One predicted that industrial production could soon turn negative. More »

      Tags

      Boeing   unemployment   manufacturing   jobless claims   durable goods

  • September 2007

9 Stories

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