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Tag Archives: holiday season

Unemployment benefit applications jump to 399,000

WASHINGTON — Applications for weekly unemployment benefits spiked last week, largely because companies let go of thousands of workers after the holiday season. Weekly applications rose by 24,000 to a seasonally adjusted 399,000, the Labor Department said Thursday. That’s the ...

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Nat’l Retail Federation upgrades holiday forecast

NEW YORK — With the final Christmas countdown begun, the nation’s largest retail trade group has upgraded its holiday sales forecast reflecting growing optimism that much more spending is to come. The National Retail Federation said Thursday it now expects ...

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Retail trade group sees modest holiday sales gain

NEW YORK — The National Retail Federation, the nation’s largest retail trade group, expects winter holiday sales to rise 2.8 percent to $465.6 billion this year. That would be smaller than 2010’s 5.2 percent increase, but it’s higher than the average ...

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