The US Labor Department said the number of people seeking unemployment benefits last week fell more than expected to 502,000. This provides evidence that unemployment is easing but the Fed is still worried that the US could be facing a “jobless recovery” where unemployment continues to rise, even though overall, the economy is positive.
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Posted by Scott Boyd at 12:01 pm EST, 11/20/2009
Posted by Scott Boyd at 9:16 am EST, 11/20/2009
Posted by Scott Boyd at 9:11 am EST, 11/20/2009
November
20
Today’s Global
Market Events
Market Events
8:30 am
CAD
Core Retail Sales m/m
0.5%
0.5%
CAD
Retail Sales m/m
0.8%
0.8%
10:00 am
USD
Existing Home Sales
5.57m
5.57m
6:00 pm
AUD
CB Leading Index m/m
1.8%
1.8%

