americablog.com - 11/13/2008
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Ug-ly . The number of Americans filing new claims for unemployment insurance last week surged to the highest levels since the wake of the Sept. 11, 2001 terrorist attacks, and the number continuing to collect benefits rose to a 25-year high, the government said Thursday. The U.S. Department of ...
bloomberg.com - 11/13/2008
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bloomberg.com —
Nov. 13 (Bloomberg) -- First-time claims for U.S.
unemployment insurance rose last week to the highest level
since September 2001, when the economy was last in a recession, as weakening demand led companies to fire more workers. Initial jobless ...
(more)
U.S. Jobless Claims Reach Seven-Year High of 516,000 ...
thinkprogress.org - 11/20/2008
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thinkprogress.org —
New claims for unemployment jumped unexpectedly to a
16-year high last week , the Labor Department reported,
with 542,000 new claims for jobless benefits being filed. “Claims above 400,000 are generally considered a sign of recession , and ...
(more)
Jobless claims jump to 16-year high.
news.yahoo.com - 11/20/2008
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news.yahoo.com —
WASHINGTON New claims for unemployment benefits jumped last
week to a 16-year high, the Labor Department said
Thursday, providing more evidence of a rapidly weakening job market expected to get even worse next year. The government said new ...
(more)
Jobless claims jump unexpectedly to 16-year high - ...
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Arianna Huffington: While Paulson Waffles, the White House Dawdles, and Congress Dithers, the Economy Continues to Burn.
Politics on HuffingtonPost.com —
So, $290 billion into his bailout plan, Hank Paulson is calling for a do-over. Now there is a confidence booster.
Providing "I-told-you-so" talking points to the what's-the-rush crowd, the Secretary of the Treasury announced yesterday that the government is no longer going to use any of the $700 billion Congress allocated to the Troubled Asset Relief Program (TARP) to buy, well, Troubled Assets from financial institutions -- the original centerpiece of the plan.
Instead, Paulson is looking to fortify the financial industry by continuing to buy premium stock in banks (aka the Warren Buffett approach). Unfortunately, instead of ...
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Jobless claims hit 16-year high
chicagobreakingnews.com 11/20/2008 — The government said new applications for jobless benefits rose to a seasonally adjusted 542,000 from a downwardly revised figure of 515,000 in the previous week. That's much higher than Wall Street economists' expectations of 505,000, according to a ...
Jobless claims highest since Sept. 11 attacks - Nov. 13, 2008
money.cnn.com 11/13/2008 — NEW YORK (CNNMoney.com) -- The number of Americans filing new claims for unemployment insurance last week surged to the highest levels since the wake of the Sept. 11, 2001, terrorist attacks, and the number of people continuing to collect benefits ...
U.S. jobless claims jump more than expected
democraticunderground.com 4/23/2009 — Source: [b]MSNBC[/b]
[b]Continuing claims rise to another record high again as recession bites.[/b]
WASHINGTON - New jobless claims rose more than expected last week, while the number of workers continuing to filing claims for unemployment benefits topped 6.1 million.
Both figures are ...
Thursday is New Jobless Day
eschatonblog.com 11/14/2008 — Holy crap: The number of U.S. workers filing new claims for jobless benefits rose last week to 516,000, the highest level since the weeks following the Sept. 11, 2001 attacks, the Labor Department reported on Thursday. ... Continuing claims reached ...
No End In Sight For U.S. Jobless Claims
forbes.com 11/14/2008 — Credit-crunched companies have been shedding jobs to weather the tough economy, leading U.S. weekly unemployment claims to hit their highest levels since the Sept. 11, 2001, attacks. On Thursday, the government reported that its tally of newly ...
Jobless In Seattle
eschatonblog.com 12/1/2008 — It seems most bank branch employees will keep their jobs, but it's going to be a bloodbath in Seattle for back office employees of Washington Mutual. Up to 19,000 employees of Washington Mutual face being laid off this weekend as JPMorgan Chase ...
Top hedge funds see more rules ahead for industry —
Reuters: Politics 11/13/2008
WASHINGTON/BOSTON (Reuters) - Some of the world's richest and most powerful hedge fund managers told U.S. lawmakers on Thursday that they support greater transparency for the secretive industry, but offered divergent views on whether the industry ...
Pentagon procurement, budget pose big challenges —
Reuters: Politics 11/13/2008
WASHINGTON (Reuters) - The next U.S. administration must take quick action to reform the way the Pentagon buys weapons, terminate some programs, and revamp how it creates annual budgets, according to a think tank led by one of the leading contenders ...