Jobless claims hit another 5-year low in US, positive sign for the economy


Jobless claims in US have fallen to another five-year low previous week, given out a positive signal that layoffs are back to pre-recession figures. As many as 323,000 people filed for their first-week of unemployment benefits last week according to the Labor Department. It’s the lowest level in any single week since January 2008, andContinue reading “Jobless claims hit another 5-year low in US, positive sign for the economy”

US Unemployment rate fell in March but Jobs creation figures dismal


The unemployment rate in US fell to 7.6 percent in the month of March. However just 88,000 jobs were added. This is causing concern as experts are of the view that the economy is beginning to cool after witnessing some strong months in the past. Although, the Friday’s jobs report is due, economists are expectingContinue reading “US Unemployment rate fell in March but Jobs creation figures dismal”