Economic Recovery, Jobless Benefits | featured news

(Image from article: "Jobless claims rise to highest level in 9 months")

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Jobless claims dip, consumer spending rises

New claims for jobless benefits dipped last week and consumer spending increased in November for a fifth straight month, reinforcing views of a solid economic growth pace in the fourth quarter.

Jobless claims rise to highest level in 9 months

Employers appear to be laying off workers again as the economic recovery weakens. The number of people applying for unemployment benefits reached the half-million mark last week for the first time since November.

Home sales, jobless figures point to recovery

Home sales rose sharply last month and claims for jobless benefits fell last week. The two reports Thursday sketched a picture of a modestly improving economy.

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