Widgetized Section

Go to Admin » Appearance » Widgets » and move Gabfire Widget: Social into that MastheadOverlay zone

Jobless claims trend shows job market slowly healing

Posted by

(Reuters) – The number of Americans filing new claims for jobless benefits edged higher last week although a trend reading fell close to a four-year low, pointing to healing in the still-struggling labor market.

Other data on Thursday showed groundbreaking on new homes fell in July in a reminder of the housing market’s weakness despite some recent signs of recovery.

Initial claims for state unemployment benefits rose 2,000 to a seasonally adjusted 366,000, the Labor Department said. That was in line with economists’ forecasts in a Reuters poll.  Read more

Posted by on August 16, 2012. Filed under Economics,United States. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>