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Jobless Claims Hit Lowest Level Since 1973
Thursday, November 17, 2016 - 1:09pm | 277The smallest number of Americans are looking for a job today since 1973. Initial jobless claims for the week ending November 12 fell by 19,000 to 235,000. According to Bloomberg, filings for unemployment benefits stayed below 300,000 for the 89th straight week, which matches the longest streak seen...
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No Tricks: Strong Halloween Candy Sales Reflect Economic Strength
Friday, October 28, 2016 - 9:42am | 301here are many tools available for investors to gauge the strength of the economy, from GDP, jobs reports and consumer confidence. But here is a unique tool that few know of: Halloween candy sales. According to a Bloomberg report, the unemployment rate has hovered around the 5 percent mark since...
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US Economy Grows At The Fastest Pace In Six Years
Friday, January 29, 2010 - 3:33pm | 133The US economy grew at 5.7% in the fourth quarter - the fastest pace in more than six years. The growth was driven by a less aggressive reduction in inventories by businesses, according to the Commerce Department. Nigel Gault, Chief US Economist from IHS Global Insight, said that businesses and the...