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Real Estate & Property Law

: Housing Wire

Jobless Claims Soar, Again

By KELLY CURRAN

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Consider it a one-two punch to the economy: initial jobless claims jumped 58,000 last week to a 26-year high of 573,000, the Labor Department reported Thursday, following the prior week’s report that November’s bloodletting was the worst monthly decline since 1974. Jobless claims show that businesses are rapidly shedding workers. And for those who have [...]

Full post as published by Housing Wire on December 11, 2008 (boomark / email).

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