Jul 30th 2010 10:35AM
With the news that first-time jobless claims fell more than expected last week, economists were once again trying to determine whether this will lead to growth in the economy -- and the housing market -- in coming months. The Labor Department reported Thursday that the number of workers filing new claims for unemployment... Continue Reading »
Jul 14th 2010 9:00AM
When the International Monetary Fund warned of a potential double dip in the housing market last week, it raised the question yet again of what would constitute a double dip, and how will it affect homeowners? The IMF pointed to the fact that, while signs of recovery are stronger than expected, the backlog in foreclosures... Continue Reading »
Feb 19th 2010 1:00PM
The number of newly-fired workers who filled out claims for unemployment grew again last week. The rate of initial unemployment claims rose to a seasonally adjusted rate of 473,000 a week for the week ending February 13, according to the Dept. of Labor. That's up 31,000 from the week before, leading to a flurry of dour... Continue Reading »
Jan 28th 2010 4:00PM
Rarely are home values and the job market as closely tied together as they have been during this recession. So last week's employment numbers offer a good omen for both. The number of initial unemployment claims dropped last week, according to the Department of Labor. The rate of new claims is now close to a number... Continue Reading »
