Markets take hit as jobless claims rise
Financial markets took a hit yesterday after jobless claims rose to their highest level since last November. The jobless claims were up 12,000 from the prior week, which indicates that the claims are at 500,000. This increase is feeding concern that the economy is starting to slow down again. Louise Story tells us whether this is yet another looming sign of the feared double-dip recession.
The article you just read is free because dedicated readers and listeners like you chose to support our nonprofit newsroom. Our team works tirelessly to ensure you hear the latest in international, human-centered reporting every weekday. But our work would not be possible without you. We need your help.
Make a gift today to help us raise $67,000 by the end of the year and keep The World going strong. Every gift will get us one step closer to our goal!