Thursday, May 5, 2011

Jobless Claims Rise

Ever so slowly reality is taking chunks out of the recovery. The latest chunk, and it is a big one, is the number of jobless claims has risen to its highest level in over 8 months. Growth has also slowed to 1.8%, indicating that firms will yet again hold off on hiring in numbers big enough to have an enough of an impact to overcome rising gas a food prices. (Source: Yahoo Finance)

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