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Article: Money briefs.(MONEY)
- Article from:
- Telegram & Gazette (Worcester, MA)
- Article date:
- September 25, 2009
CopyrightCOPYRIGHT 2009 Worcester Telegram & Gazette. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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COLUMN: Money briefs
Fewer seek benefits
WASHINGTON - The number of newly laid-off workers seeking unemployment benefits fell for the third straight week, evidence that layoffs are continuing to ease in the earliest stages of an economic recovery.
The Labor Department said Thursday that initial claims for unemployment insurance dropped to a seasonally adjusted 530,000 from an upwardly revised 551,000 the previous week. Wall Street economists expected claims to rise by 5,000, according to a survey by Thomson Reuters.
Meanwhile, home re-sales dipped unexpectedly last month after four straight gains, a sign the housing market recovery ...
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