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Americans on Unemployment at All-time High, New Claims at 627,000
The January figures are in and the numbers are much worse than expected. 627,000 new jobless claims were filed in January 2009 making it the worst month ever recorded in US history. The number of... More Job Cuts Loom Ahead of US Labour Department Payroll Report
Job losses in the United States during 2008 reached a 64 year high topping 2.6 million, with the majority of those losses coming at the end of the year. The job losses in 2009 are not fairing much better... 589,000 US Jobless Claims and Growing, Highest Rate in 26 Years
US jobless claims last week topped 589,000, putting the number of people on unemployment assistance to the highest level in 26 years. The last time jobless claims were this high in the United States was in... Electronic Unemployment Filing Systems Crashing Across the US
Is it a sign of the times or a simple glitch? With jobless claims growing each day in the United States it is no surprise that the unemployment system is becoming burdened, but this week three separate... Extended unemployment benefits part of Bush exit plan, is it too little too l...
George Bush may have an unexpected parting gift for America's growing unemployed population when he leaves office in January 2009. In a very un-Republican move Washington insiders are speculating that Bush... UPDATE 1-US weekly jobless claims surge to 16-year high
As Americans wait to see what will happen the the US economy, painful evidence of what is comming shows itself in weekly jobless claims...What happens if the number of jobless claims continue to increase?Is there... Big 3 bailout: Ripple effect of inaction could cripple the US economy
The Big 3 automakers are asking Washington for bailout money and this has caused a tizzy of controversy, but the bottom line is that the ripple effect of government inaction could cripple the US economy and be...
created by Tina Kells | 1 year ago | updated 49 wks ago
3138 views | 23 recommendations | 10 comments
3138 views | 23 recommendations | 10 comments
Biggest rally of EUR/USD in 2.5 weeks
US jobless claims were better than expected but leading indicators came out worse than expected. USD/CHF broke below 1.2600, the first time in more than a week ago on the back of waning USD bullishness. On the other hand, EUR/USD finally broke free of the chains that bind it...
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