Unemployment

Seasonally-adjusted jobless claims dipped 6,000 to 462,000 for the week ending 6 Mar 2010. This is significantly lower than the revised 498,000 number we saw two weeks prior. Nevertheless, 4-week average jobless claims are still over…

Social networks and the massive migration within China | vox Wirtschaftswunderland China: Der Weltfabrik gehen die Arbeiter aus – SPIEGEL ONLINE – Nachrichten – Wirtschaft Economic View – Rethinking the Government's Role in Housing…

Initial jobless claims fell 29,000 to a seasonally-adjusted 469,000 from a revised 498,000 the prior week. While the fall is certainly welcome, initial jobless claims remain very high more than two years after the recession began in…

Detroit homes sell for $1 amid mortgage and car industry crisis | Business | The Guardian Aides say Coakley will seek reelection as attorney general – The Boston Globe Depression’s Upside – NYTimes.com Bankruptcy looms, Greek PM…

The February 2010 Manufacturing ISM Report On Business® was released this morning. It indicated that the manufacturing sector was slightly less robust in February than January, with the PMI slipping from 58.4% to 56.5%. As 50 is still the…

A few words about the last link.  When I checked, there were 600+ comments on the post about the Washington Hospital Center firing nurses for the “gross misconduct” of missing work during blizzard conditions.  The comments were…

The last feature on the list of links below is on CRE in Washington D.C. where the economy is fairly robust. If you know anything about these properties, you would agree these are not poor properties at all. The problem with them is not…

The Department of Labor reports: In the week ending Feb. 20, the advance figure for seasonally adjusted initial claims was 496,000, an increase of 22,000 from the previous week's revised figure of 474,000. The 4-week moving average…

The Woman Behind Greece's Debt Deal - WSJ.com Bailout Anger Hurts Geithner's Public Image, Effectiveness - WSJ.com BBC News - Judge backs Bank of America's Merrill Lynch deal fine Porsche May Struggle to Comply With U.S. Fuel…

This came in via the U.S. Department of Labor early this morning: In the week ending Feb. 13, the advance figure for seasonally adjusted initial claims was 473,000, an increase of 31,000 from the previous week's revised figure of…