WASHINGTON, July 17- The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market recovery was gaining traction. Initial claims for state unemployment benefits dropped 3,000 to a seasonally adjusted 302,000 for the week ended July 12, the Labor Department said on Thursday.» Read More
Reaction to the latest jobless numbers, with CNBC's Rick Santelli and Steve Liesman.
So, which states have the highest cost of living? You won’t get more for your money in these ten states.
There’s growing impatience about subpar job creation as well as stubbornly high unemployment. Here are the ten biggest annual declines and the states in which they took place.
One of the biggest issues facing the economy and the Obama administration is jobs. A discussion about what it will take to turn the jobless trend around, with William Rodgers, Rutgers University professor, and Lakshman Achuthan, Economic Cycle Research.
Stocks could continue to trade sluggishly Wednesday, but traders are watching the durable goods orders report expected tomorrow as a potential source of volatility.
A firm rebound in jobless claims allay some fears that the labor market has seriously weakened, reports CNBC's Steve Liesman.
Economic reports could rule the markets Thursday, as investors get a fresh look at the jobs situation and the health of the housing market.
Key Spillway opened to channel water away from Mississippi River, with CNBC's Brian Sullivan.
Jobless claims jumped to 474,000, the third rise in 4 weeks but the YPO survey shows growing hiring optimism among CEOs, with Matt Ferguson, CareerBuilder CEO.
Despite the GDP growling less than expected and jobless claims on the rise, Fed chief Ben Bernanke remains upbeat, with Dan Greenhaus, Miller Tabak Co and Greg Valliere, Potomac Research Group.
Now that the much-anticipated pullback has arrived, traders are debating how low the skittish stock market can go. But one thing's for sure: It'll have a lot to do with oil.