Friday, January 9, 2009 at 10:03AM December Unemployment 524,000 jobs lost which puts the rate at 7.2%.
Average Hourly earnings increased 0.3% to $18.36.
Average Hours worked decreased 0.2 Hours to 33.3 Hours.
Unemployment | in Economy, Jobs Data Friday, January 9, 2009 at 4:53AM Jobless claims of 467,000 for week ending 01/03/09, down 24,000 which was a better than expected decline.
4 Week Moving Average now at 525,750, down 27,000.
J.C Penny, Nordstrom & Kohl's report better earnings than Wall Street Estimates.
President Elect Barack Obama is pushing to implement an $800 billion stimulus plan and urges congress to implement quickly or risk a downward spiral of the U.S economy.
Fridays unemployment numbers will be watched closely by the markets for any surprises.
Unemployment | in Barack Obama, Economy, Jobs Data