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Tag Archives: consumer spending

Jobless claims dip, spending up in sign of rebound (1:18 p.m. 11/25/09)

By JEANNINE AVERSA and MARTIN CRUTSINGER AP Economics Writers WASHINGTON (AP) — In a hopeful sign for the economy, the number of newly laid-off workers filing claims for unemployment benefits fell below 500,000 last week for the first time since ...

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World Bank warns unemployment threatens US economy (10:29 a.m. 11/11/09)

By ALEX KENNEDY Associated Press Writer SINGAPORE (AP) — Stubbornly high joblessness threatens to trigger loan defaults and drag on consumption next year, hobbling a U.S. economy struggling to rebound from recession, World Bank President Robert Zoellick said Wednesday. Zoellick ...

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