BATON ROUGE, La.-- First-time claims for unemployment insurance in Louisiana for the week ending May 4 decreased from the previous week's total. The state labor department figures released Friday show the initial claims decreased to 2,466 from the previous week's total of 2,541. For the comparable week a year earlier, there were 3,124 initial claims.
*Employment up 12,500 in April after 54,500 loss in March. Jobless rate stays at 7.2 pct; had been 7.0 pct in Feb. OTTAWA, May 10- The Canadian economy in April recovered 12,500 of the 54,500 jobs estimated to have been lost in March, but the unemployment rate stayed at 7.2 percent, Statistics Canada reported on Friday.
*Treasury sells $16 bln in 30- years at high yield of 2.980 pct. NEW YORK, May 9- U.S. Investors are "expecting maybe it's time for equities to correct," said Dimitri Delis, interest-rate strategist at BMO Capital Markets in Chicago, citing the oft-heard expression "sell in May, go away."
*Treasury sells $16 bln in 30- years at high yield of 2.980 pct. NEW YORK, May 9- Prices for U.S. Investors are "expecting maybe it's time for equities to correct," said Dimitri Delis, interest-rate strategist at BMO Capital Markets in Chicago, citing the expression "sell in May, go away."