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Tag Archives: Unemployment

Unemployment applications drop to a 4-year low

WASHINGTON — The number of people seeking unemployment benefits fell to the lowest point in almost four years last week, the latest signal that the job market is steadily improving. Weekly applications for unemployment benefits dropped 13,000 to a seasonally ...

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Fed minutes: Members divided over more bond buys

WASHINGTON — The Federal Reserve isn’t about to launch another bond-buying program to boost the economy — at least not anytime soon. While some Fed officials are open to such a move, according to minutes of the Fed’s Jan. 24-25 ...

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U.S. unemployment aid applications near 4-year low

WASHINGTON — The number of people seeking unemployment aid neared a four-year low last week, a positive sign that strong hiring could continue in the coming months. The Labor Department said Thursday that weekly applications for unemployment benefits fell 15,000 ...

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Realities of Real Estate: Trying to find the future in the numbers

Every so often we look at the overall performance of the real estate markets, and based on what the numbers tell us, try to glean a glimpse of what the future might hold. As with many things, the beginning of ...

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Unemployment rate hits 8.3 pct. after hiring burst

WASHINGTON — In the most impressive surge for the job market since early last year, the United States added 243,000 jobs in January, far more than economists expected. The unemployment rate dropped to 8.3 percent, the lowest in three years. ...

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Rate on 30-year mortgage falls to record 3.87 percent

WASHINGTON — The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed. Mortgage ...

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Fewer seek unemployment aid as job market improves

WASHINGTON — The number of people seeking unemployment benefits fell last week to a level that signaled a steadily improving job market. The figures came one day before the government is expected to report that January marked another solid month ...

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Economy grew modest 2.8 pct. in Q4, best in 2011

WASHINGTON — The U.S. economy grew at a 2.8 percent annual rate in the final three months of last year, the fastest growth in 2011. Americans spent more on cars and trucks, and companies restocked their shelves at the strongest ...

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