Factory Orders tumble much more than expected
New orders for factory products tumbled much more than expected in May, posting their sharpest drop since the depth of the recession and their first decline in nine months, a government report showed on Friday.
The Commerce Department said Friday that orders for manufactured goods decreased 1.4 percent in May. It was the biggest drop since [...]
Unemployment rate dips to 9.5 percent, its lowest level in almost a year
The nation’s unemployment rate fell in June, though hiring by the private sector remained soft, according to a government report Friday. The figures suggest the economic recovery is moving forward this summer but with weak momentum in the job market.
Employers cut 125,000 jobs last month, the most since October, the Labor Department said Friday. The [...]
US unemployment rate to spring back
The United States is enduring the worst rise in unemployment of any economic slowdown since World War II. More than 8.5 million jobs have been lost since the recession began a little over two years ago.
But as of late, US employers shed fewer jobs than expected, cutting 36,000 jobs. This was better than the 50,000 [...]
Killer Whale Trainer’s Funeral set for Today
The funeral for a veteran Seaworld trainer killed by one of the park’s orcas is set for a church on Chicago’s South Side.
Services for 40-year-old Dawn Brancheau are planned for Monday at St. Rita of Cascia Shrine Chapel. Family and friends lined up for Brancheau’s wake on Sunday at the Chicago church.
Brancheau had wanted to [...]
