Jobless claims rise sharply during holiday week

The number of Americans filing new claims for unemployment benefits rose sharply last week, a potential signal the job market was losing steam although some of the increase might be attributed to temporary holiday factors.   Initial claims for state unemployment benefits rose 20,000 to a seasonally adjusted 287,000 for the week ended Dec.26, the U.S. Labor Department said on Thursday.
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The Democrats' Demise, the Republicans Rise

"It's a great day to be a Republican in California!" I thought to myself when my colleagues elected me to be the next Beach Cities Republicans Club President, a growing grassroots organization in an otherwise deep blue state, which has witnessed and assisted remarkable Republican gains. I was following a long-list of who's who in the South Bay. The prior president, David Hadley, won the state assembly seat for my district, the first Republican in over two decades.


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Initial claims for unemployment aid rise to 465,000

BREITBART NEWS, 9/9/23/2010 - WASHINGTON (AP) - The tally of newly laid-off workers requesting unemployment benefits rose last week after four weeks of flat or declining figures. ∴ The Labor Department says initial claims for jobless aid rose by 12,000 to a seasonally adjusted 465,000. Many economists had expected a flat reading or a small drop. Read more at Breitbart... Read More......

Stocks jump after Bernanke says recession may end

NEW YORK (AP), 2/24/09 - Federal Reserve Chairman Ben Bernanke has given Wall Street a double dose of reassurance. Bernanke told Congress Monday that the recession might end this year, and that regulators aren't planning to nationalize banks. Read more at Breitbart... Read More......