Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Daily Economic Update for December 9, 2010


Published on

Published in: Real Estate
  • Be the first to comment

  • Be the first to like this

Daily Economic Update for December 9, 2010

  1. 1. Daily Economic Update <ul><li>The labor market continues to improve, with the number of workers filing first-time claims for unemployment insurance falling again last week. The number of applications fell to 421,000 from 438,000 the week before. At about 400,000 claims, job creations would comfortably outpace job losses and translate into about 1.5 million net new job creations per year.  </li></ul><ul><li>The improvement is particularly visible in the 4-week moving average, which evens out weekly swings, and which dropped 4,000 claims to the lowest level in more than two years. </li></ul><ul><li>The continuing claims also dropped significant 191,000 to 4.09 million. Sixteen states and territories reported an increase in jobless claims, while 37 had a decrease. </li></ul>Produced by NAR Research December 9, 2010