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| | | ... annualised 1.5 per cent pace of decline. The Labor Department reported separately that the seasonally adjusted initial jobless claims fell to 570,000 in the week ending August 22 from the previous week's revised figure of 580,000. Most analysts had expected ... |
| | | | ... 1 per cent on some months. This was tied to another report showing continued weakness in the US labour market. Initial jobless claims rose to 558K in the week ending 1 August from 554K the week before. A decline to 545K was expected. Soft retail sales ... |
| | | | ... latest unemployment reading was great, you'll certainly be rejoicing - as Wall Street did - at the reduction in America's jobless rate. Here at home, the Australian Bureau of Statistics reported that the unemployment rate was unchanged at 5.8 per cent ... |
| | | | ... in March this year when most of us were fearful, the headlines read, "Job losses worst for 18 years" (AFR). "Australian Jobless Rate Climbs to 4-Year High of 5.2%" (Bloomberg). You can't help but laugh re-reading these headlines now, can you? Now that ... |
| | | | ... Oh, btw, the Dow broke above 9,000 points last night on green shoots in the US property market and better-than-expected jobless claims and company earnings. But this is no longer news for the bulls. |
| | | | ... indicators over the past few months. Second derivatives they may be...but they are improving nevertheless. Take last night's US jobless claims report for instance. Initial jobless claims fell by 47K to 522,000 in the week ending 11 July - the lowest ... |
| | | | ... cautiously moving back into stocks after being reassured by better earnings from Alcoa Inc and a decline in claims for jobless benefits. Stocks edged higher on Thursday after Alcoa reported a smaller-than-expected loss after trading closed on Wednesday ... |
| | | | ... in red? The rise in the US unemployment rate in June was the spark that started this renewed wave of pessimism. True, jobless people spend less. Less spending equals lower profits. But lesser workers also equal higher productivity. Increased productivity ... |
| | | | Quo Vadis Wall Street? A sell-off in the first quarter that rebounded towards the end. A strong rally in the second quarter that fizzled towards the end. Where is Wall Street going in the next three months? The next year? Your guess is as good as mine. ... |
| | | | ... you will be able to buy it a bit cheaper on Monday," he said. Mr Morrow said the US market had been depressed by poor jobless figures, which showed US unemployment rising 0.1 point to 9.5 per cent, with about 467,000 jobs shed in June. "The unemployment ... |
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