June 25 (Bloomberg) -- The number of Americans filing claims for unemployment benefits unexpectedly rose last week, a reminder that companies will keep cutting staff even as the economy stabilizes.
Initial jobless claims rose by 15,000 to 627,000 in the week ended June 20, from a revised 612,000 the week before, the Labor Department said today in Washington. A report from the Commerce Department showed gross domestic product shrank at a 5.5 percent annual pace in the first three months of the year.
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LOS ANGELES/NEW YORK (Reuters) - California's controller said on Wednesday that he would have to issue IOUs in a week if lawmakers can't quickly solve a $24 billion budget deficit, and the state's treasurer plans to tap a reserve fund to meet debt service costs.
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Check your state:
HERE
Here is a document that has NOT been posted on the internet. The derivatives outstanding from the Bank of Switzerland 2008 (all derivatives are located here):
Derivatives HERE
For the RESEARCHERS!
Settlement Bank in Switzerland
and in other good news, the very last American lost his job this morning..meaning the current absolutely horrendous string of job losses is FINALLY OVER.
ReplyDelete* COLLECTIVE HUGE SIGH OF RELIEF *
But in other really good news, this last American losing his job does not, I repeat does not mean that there are no green shoots, after all we are "stabilizing" and this is just a sign of more stabilization, since no other jobs can actually be lost at this point...
ReplyDeleteSounds like something you would hear on CNBC, doesn't it?