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Economy - Monday (Investor's Business Daily)

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08-05-2008, 11:46 AM

Gurmastak Singh Gurmastak Singh is offline

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Join Date: Feb 2007

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Economy - Monday (Investor's Business Daily)

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Investor's Business Daily - The Conference Board's July employment trends index fell 0.9% to 112.1 after an upwardly revised 113.1 in June. The index, first released in June, has been in decline for the past year. Last Fri., the Labor Dept. said the U.S. lost 51,000 jobs in July, fewer than expected but still the 7th straight monthly slide. Unemployment rose to a 4-year high of 5.7%.

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