Markets Take Hit After Jobless Claims Rise

Friday, August 20, 2010

Financial markets took a hit yesterday after jobless claims rose to their highest level since last November. The jobless claims were up 12,000 from the prior week, which indicates that the claims are at 500,000. This increase is feeding concern that the economy is starting to slow down again. Louise Story tells us whether this is yet another looming sign of the feared double-dip recession. 

Produced by:

Noel King


Louise Story

Comments [1]

Hal (GT)

I was watching yesterday with the free app which tracks gold's spot price in markets globally in real time and when this data hit the market gold took off.

Was pretty interesting to watch. It's down some today though.

Aug. 20 2010 04:30 PM

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.