Dismal economic news and it's certain to get worse
Worst retail sales trend since 1974 expected
"October will prove to be a disaster for retail sales, with only the discounters having anything to cheer about," wrote Avery Shenfeld, an economist for CIBC World Markets.
https://tinyurl.com/689nne
Dismal economic news and it's certain to get worse
Friday's dismal news that the unemployment rate rose to 6.5 percent and employers shed another 240,000 jobs in October made it clear that the U.S. economy is now in recession.
https://www.mcclatchydc.com/251/story/55471.html
Just 3 'superbanks' now dominate industry
Sudden consolidation raises questions about regulation, consumer impact.
https://www.msnbc.msn.com/id/27441147
States face unemployment cash crisis
Rising unemployment drains state trust funds, forcing them to borrow from Washington to continue paying claims.
https://tinyurl.com/5qcb3q
From Information Clearing House
https://freepage.twoday.net/search?q=unemployment
https://freepage.twoday.net/search?q=job+loss
https://freepage.twoday.net/search?q=recession
"October will prove to be a disaster for retail sales, with only the discounters having anything to cheer about," wrote Avery Shenfeld, an economist for CIBC World Markets.
https://tinyurl.com/689nne
Dismal economic news and it's certain to get worse
Friday's dismal news that the unemployment rate rose to 6.5 percent and employers shed another 240,000 jobs in October made it clear that the U.S. economy is now in recession.
https://www.mcclatchydc.com/251/story/55471.html
Just 3 'superbanks' now dominate industry
Sudden consolidation raises questions about regulation, consumer impact.
https://www.msnbc.msn.com/id/27441147
States face unemployment cash crisis
Rising unemployment drains state trust funds, forcing them to borrow from Washington to continue paying claims.
https://tinyurl.com/5qcb3q
From Information Clearing House
https://freepage.twoday.net/search?q=unemployment
https://freepage.twoday.net/search?q=job+loss
https://freepage.twoday.net/search?q=recession
rudkla - 9. Nov, 23:54
