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Jobless Claims Enter Depression-Era Levels

Just when you hoped or thought things could not get worse on the jobless and unemployment news, they did. Weekly jobless claims hit a whopping 6.6 million last week......»»

Category: blogSource: 247wallstApr 9th, 2020

BofA: "QE vs Unemployment" Means Soaring Inflation Will Crush The Dollar

BofA: "QE vs Unemploy.....»»

Category: blogSource: zerohedgeApr 3rd, 2020

When Jobless Claims Could Get No Worse, They Just Did

The unemployment situation has gone from the best jobs market ever to an atrocious job market faster than any time in history......»»

Category: blogSource: 247wallstApr 2nd, 2020

"The situation is about to get worse": Stocks slide as surging US unemployment and coronavirus cases stifle stimulus hopes

REUTERS/Lucas Jackson Stocks fell on Friday as surging unemployment and novel coronavirus cases in the US overpowered hopes for a $2 trillion stim.....»»

Category: topSource: businessinsiderMar 27th, 2020

3.3M filed for unemployment, expert predicts it could be worse than the Great Recession

A record-breaking 3.3 million Americans filed for unemployment last week, according to data released Thursday......»»

Category: topSource: moneycentralMar 27th, 2020

3.3 million Americans filed for unemployment — and an economist predicts it could be far worse than the Great Recession

A record-breaking 3.3 milli.....»»

Category: topSource: businessinsiderMar 26th, 2020

Five times worse than 1982 record: 3 million plus “nonessential” workers file for unemployment

Unemployment due to “nonessential” workers filing amid the coronavirus pandemic has surpassed 3 mi.....»»

Category: blogSource: valuewalkMar 26th, 2020

Key Words: Unemployment could reach 30% in the U.S., says St. Louis Fed’s Bullard

If Bullard’s gloomy jobs projection proves to be true, unemployment would be worse than it was during the Great Depression and three times worse than the 2007-2009 recession......»»

Category: topSource: marketwatchMar 22nd, 2020

Outside the Box: Stock market rout signals a defeat for Trump in November

Bad news for Donald Trump The stock market is a more powerful presidential re-election indicator than GDP, inflation and the unemployment rate combined......»»

Category: topSource: marketwatchMar 13th, 2020

Outside the Box: Stock market rout signals defeat for Trump in November

Bad news for Donald Trump The stock market is a more powerful presidential re-election indicator than GDP, inflation and the unemployment rate combined......»»

Category: topSource: marketwatchMar 13th, 2020

Rents lift U.S. core inflation; weekly jobless claims rise slightly

U.S. underlying consumer prices picked up in January, while the number of Americans filing claims for unemployment benefits rose slightly last week, suggesting the economy was stable enough for the Federal Reserve to keep interest rates on hold this year......»»

Category: topSource: reutersFeb 13th, 2020

Hyperinflation or Stagnation, Which Is Worse? Ask Latin America.

For much of the region, the long-held fear of inflation and instability has been replaced by a new fear of deflation and secular sluggishness......»»

Category: topSource: washpostFeb 7th, 2020

The Fed: A Fed in uncharted territory should be on lookout for risks, including inflation, Rosengren says

The Federal Reserve does not have much historical experience with accommodative interest rates and historically low unemployment rate, and should be alert to potential risks emerging, said Boston Fed President Eric Rosengren on Monday......»»

Category: topSource: marketwatchJan 13th, 2020

Weekly Unemployment Claims: Up 49K From Last Week, Much Worse Than Forecast

Weekly Unemployment Claims: Up 49K From Last Week, Much Worse Than Forecast.....»»

Category: topSource: seekingalphaDec 13th, 2019

Unemployment is climbing in key swing states, including Michigan and Wisconsin

Unemployment is rising in four of 10 key swing states, a trend that could become a factor in next's years election if it gets worse......»»

Category: topSource: washpostNov 4th, 2019

Eurozone, Little Growth, Inflation Too Low, Unemployment Too High - Be Selective

Eurozone, Little Growth, Inflation Too Low, Unemployment Too High - Be Selective.....»»

Category: topSource: seekingalphaNov 4th, 2019

40% Of Millennials Expect Worse Quality Of Life Than Their Parents

The U.S. economy has been expanding for roughly a decade, and unemployment is at its lowest level in nearly 50 years. read more.....»»

Category: blogSource: benzingaNov 1st, 2019

No end in sight for ECB’s inflation problem

In spite of declining unemployment and rising wages, the central bank keeps missing its inflation target......»»

Category: topSource: marketwatchSep 30th, 2019

How Generous Is Your State When It Comes to Unemployment?

Losing a job is stressful in so many ways, and the state you live in can make it better or worse......»»

Category: topSource: moneycentralSep 18th, 2019

Cities Where Poverty Is Declining, but for the Poor the Problem Is Actually Getting Worse

Since the end of the financial crisis, the United States has experienced unprecedented economic growth and reached the lowest unemployment rate in 50 years. While common indicators suggest the U.S.........»»

Category: blogSource: 247wallstSep 16th, 2019