Employment
Mike: As with most Thursdays, the weekly jobless claims number is the big news. Today saw a reduction of claims to 601,000, which is still a very high number, but an improvement from the previous week. The markets seem excited by unemployment remaining above 600,000, but then all news is good news of late. The […]
Mike: Good day. The economic news for this day is primarily the MBA Mortgage Applications Index, which showed weakness due to increasing interest rates. This is the busiest time of year for home sales, yet mortgage application increased only 1.1% for the week and that’s with historically low interest rates. Refinancing decreased 12% due to those […]
Mike: Good day to all and thanks for visiting the Layoff List. I would like to know what you think of The Layoff List, so I can improve the site and make it more useful to you. Let me know if you want less of something or more of something. I could add a page […]