Thursday, January 19, 2012


"NEW YORK (CNNMoney) -- Initial jobless claims fell to their lowest level in nearly four years, another sign of improvement in the long-suffering labor market.
The Labor Department reported that 352,000 people filed for initial unemployment benefits last week, down sharply from a revised reading of 402,000 claims in the previous week. It is also the fewest number of people filing for jobless claims since the week ending April 19, 2008."

ARE THERE MORE JOBS? OR after nearly 3 years of a MUTED recovery fueled mostly by LOW interest rates, have many just stopped looking and other dropped off the roles of the counted as 2 years of benefits run out? LIES, STATISTICS, AND DAMNED LIES

Rate on 30-Year Mortgage Hits New Record Low

The average rate on the 30-year fixed mortgage fell again this week to a record low 3.88%, but the eighth record low in a year is attracting few takers because most who can afford to buy or refinance have already done so. More »Rate on 30-Year Mortgage Hits New Record Low


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